Scientists have said for more than a century that emitting carbon dioxide by burning fossil fuels heats up Earth’s atmosphere. But, until recently, industry representatives and their political allies have avoided acknowledging the link publically. — Read on http://www.houstonpublicmedia.org/articles/news/energy-environment/2020/01/14/357367/texas-biggest-oil-and-gas-industry-group-accepts-role-in-climate-change/ Advertisements
U.S. crude oil production surpassed 12 million barrels per day in April – Today in Energy – U.S. Energy Information Administration (EIA) — Read on http://www.eia.gov/todayinenergy/detail.phpRead more "U.S. crude oil production surpassed 12 million barrels per day in April – Today in Energy – U.S. Energy Information Administration (EIA)"
U.S. natural gas and crude oil production increased last year at the fastest pace ever for a single country. — Read on http://www.bloomberg.com/news/articles/2019-06-11/u-s-oil-gas-output-surges-the-most-ever-for-a-single-countryRead more "U.S. Oil, Gas Output Surges the Most Ever for a Single Country – Bloomberg"
Natural gas was the fastest-growing energy source in the world last year — when global energy consumption rose at its fastest pace in nearly a decade, according to a new International Energy Agency report. Driving the news: Natural gas accounted for 45% of all energy consumption growth in 2018. Most regions and many industries, including the […]Read more "In an energy-hungry world, natural gas gaining the most – Axios"
The Department of Energy (DOE) in March 2018 released a 52-page report outlining its multi-year strategy to improve cybersecurity. In the report’s introduction, Assistant Secretary Bruce J. Walker noted that — Read on http://www.powermag.com/Read more "Strengthening the Energy Sector’s Cyber Preparedness"
EIA data show an unexpected weekly climb in U.S. crude supplies Myra P. Saefong The Energy Information Administration on Wednesday reported that U.S. crude supplies rose by 5.4 million barrels for the week ended May 10. Analysts and traders expected a fall of 1.4 million barrels, on average, according to a survey by The Wall Street […]Read more "EIA data show an unexpected weekly climb in U.S. crude supplies – MarketWatch"
•U.S. refiners may not have much room to take more lighter oil Exports of the Permian Basin’s newest kind of oil are set to jump as production surges, exceeding the appetite of U.S. refiners. Sales of the new grade, known as West Texas Light, began in September, as explorers sought to separate out increasingly lighter […]Read more "Latest Permian Basin Oil Supply Surge to Feed Global Markets – Bloomberg"
Today’s U.S. Energy Information Administration (EIA) inventories report, due to be released at 14:30 GMT, should set the tone today. Traders are looking for a 1.3 million barrel build. — Read on http://www.fxempire.com/forecasts/article/oil-price-fundamental-daily-forecast-prices-weaken-after-api-reports-surprise-build-eia-on-tap-571873Read more "Oil Price Fundamental Daily Forecast – Prices Weaken After API Reports Surprise Build, EIA on Tap"
Oil export terminal next to proposed Mid-Barataria Sediment Diversion gets state’s initial OK – nola.com — Read on http://www.nola.com/environment/2019/04/oil-export-terminal-next-to-proposed-mid-barataria-sediment-diversion-gets-states-initial-ok.htmlRead more "Oil export terminal next to proposed Mid-Barataria Sediment Diversion gets state’s initial OK – nola.com"
The Haynesville Shale in northeastern Texas and Louisiana is producing 10.522 billion cubic feet per day of natural gas this month, effectively breaking its 2011 production record — Read on oilprice.com/Energy/Natural-Gas/This-Legendary-Shale-Basin-Just-Broke-Its-2011-Production-Record.htmlRead more "This Legendary Shale Basin Just Broke Its 2011 Production Record | OilPrice.com"