News

10.30.17

Study: Pennsylvania Discount Spurred Spike in Gas-Fired Generation

In 2007, Pennsylvania accounted for less than 1% of the nation's natural gas production and consumed four times more gas than it produced. By 2016, the state had increased its output 2,800%, accounting for 16% of national production...

 

10.30.17

Study: Marcellus Shale boom has led to lower energy costs

According to the study... natural gas prices have "decreased significantly," up to 40 percent for residential consumers... Industrial and commercial costs also fell between 44 percent and 65 percent...

 

10.29.17

Records Continue to Be Broken As US Crude Exports Flow

Ever since the crude oil export ban was lifted at the end of 2015, global markets have looked to the United States to help meet their energy supplies.

 

10.24.17

U.S. Interior Dept. sets Gulf of Mexico oil, gas lease auction for March

The U.S. Interior Department said it will hold its largest offshore auction to date, nearly 77 million acres, to energy companies in March 2018 to conduct oil and gas development.

 

10.24.17

Wolf urges Pa. House Republicans to consider severance gas tax

"This proposal, which creates new and even higher energy taxes for consumers and energy producers alike in addition to the impact tax that's generated $1.2 billion in revenue, will erode the commonwealth's competitive advantage..."

 

10.23.17

U.S. lawmakers ask DOJ if terrorism law covers pipeline activists

Last year activists in several states used bolt cutters to break fences and twisted shut valves on several cross border pipelines...

 

10.18.17

Natural Gas Production Tax Gets Life in Pennsylvania House

Gov. Tom Wolf is urging leaders of the Republican-controlled state House of Representatives to speed a vote on legislation to tax Marcellus Shale natural gas production.

 

10.17.17

U.S. crude oil production expected to increase through end of 2017, setting up record 2018

EIA forecasts that U.S crude oil production will average 9.4 million barrels per day (b/d) in the second half of 2017, 340,000 b/d more than in the first half of 2017. Production in 2018 is expected to average 9.9 million b/d...

 

10.16.17

Boom in American Liquified Natural Gas Is Shaking Up the Energy World

A shale gas drilling boom over the last decade has propelled the United States from energy importer to exporter, taking the country a giant leap toward the goal of energy independence declared by presidents for half a century.

 

10.12.17

Dura-Bond Industries laying off 180 in central Pennsylvania

A company that makes and coats steel pipe used in the natural gas and oil industry plans to lay off 180 workers at a central Pennsylvania plant.