News

02.05.18

Opinion: Point - Offshore energy is critical to future energy security

Offshore development plays a critical role in U.S. energy security, supplying more than 1 million barrels of oil per day for the last 20 years.

 

02.04.18

Permian Seen Second to Saudis for Spare Oil-Output Capacity

The U.S.'s Permian Basin is looking like Saudi Arabia, with as much as 1 million barrels of spare oil capacity ready to go into production, according to Nansen Saleri, former head of reservoir management at Saudi Aramco, the world's largest crude exporter.

 

02.04.18

Personal View: Maintaining state's strong energy security is pivotal

As we continue to make our way through this winter season, it's worth remembering the steps Ohio has taken toward energy security - and the work that lies ahead.

 

02.03.18

China Surpasses U.S. as Largest Crude Oil Importer

China surpassed the U.S. in annual gross crude oil imports in 2017 by importing 8.4 million barrels per day (b/d) compared with 7.9 million b/d of U.S. crude oil imports.

 

01.31.18

Hydraulically fractured horizontal wells account for most new oil and natural gas wells

Almost three-quarters of all oil and natural gas wells drilled in the US as of 2016 were hydraulically fractured horizontal wells... fracked horizontal wells accounted for about 10.7 million of the nearly 13 million feet of total drilled footage in 2016, the EIA said.

 

01.29.18

Natural gas production growing faster than demand in Pennsylvania, Ohio, West Virginia

Natural gas production has increased significantly in Ohio, Pennsylvania, and West Virginia over the past decade and has grown at a much faster rate than natural gas consumption in the three states, the U.S. Energy Information Administration (EIA) said.

 

01.26.18

New Mexico State Income Rises on Energy Rebound

Thanks to a rebound in New Mexico's oil industry, the state's lawmakers have much more money to work with as they craft a spending plan for the coming fiscal year that aims to boost spending on education, courts and law enforcement.

 

01.26.18

Wolf proposes to speed up Pa. gas-well permit reviews, hike fees

PA Gov. Tom Wolf wants to hire 35 new environmental regulators to help reduce the backlog of natural gas well permit applications, a move that would cost the state $2.5 million. He also proposed more than doubling fees for new well permits from $5,000 to $12,500.

 

01.25.18

A Biofuels Bankruptcy

The renewable fuel standards (RFS) suffocate a Philadelphia refiner.

 

01.19.18

Nuns appeal pipeline project on religious grounds in Pa.

An order of nuns brought their fight to stop a natural gas pipeline project on their rural Pennsylvania property to a federal appeals court Friday.