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 […]
New Mexico captures greater share of oil and gas revenue — Read on http://www.google.com/amp/s/amp.ruidosonews.com/amp/2605292002Read more "New Mexico captures greater share of oil and gas revenue"
A tussle is playing out in the market for so-called light oils, which have a lower sulfur content and are less dense than heavier varieties. When processed, these grades typically yield a higher amount of fuels like gasoline and naphtha. Light oil pumped in U.S. shale fields is increasingly making — Read on finance.yahoo.com/news/u-shale-apos-blows-leave-063738822.htmlRead more "U.S. Shale’s Blows Leave Middle East Oil Producers Staggering"
Anti-Pipeline Activism Isn’t Generating More Investment in Renewable Energy – Texans for Natural Gas — Read on http://www.texansfornaturalgas.com/antipipeline_activism_isnt_generating_more_investment_renewablesRead more "Anti-Pipeline Activism Isn’t Generating More Investment in Renewable Energy – Texans for Natural Gas"
Oil futures drop Wednesday to settle at their lowest in more than a year, sending U.S. prices sliding toward $50 a barrel, on the back of a 10th straight weekly rise in U.S. crude stockpiles. — Read on http://www.marketwatch.com/story/oil-prices-churn-as-us-inventory-climb-expected-2018-11-28Read more "Oil settles at lowest in over a year, with U.S. prices sliding toward $50 – MarketWatch"
Continued consolidation expected in Permian – Midland Reporter-Telegram — Read on http://www.mrt.com/business/oil/article/Continued-consolidation-expected-in-Permian-13419375.phpRead more "Continued consolidation expected in Permian – Midland Reporter-Telegram"
Michigan Gov. Rick Snyder hopes to use the final weeks of his tenure to lock in a deal allowing construction of a hotly debated oil pipeline tunnel beneath a channel linking two of the Great Lakes — a plan his successor opposes but may be powerless to stop. The two-term Republican and his team are […]Read more "Outgoing Michigan governor pushing for Great Lakes pipeline – ABC News"
Leading House Democrats, weeks away from taking over the majority in the lower chamber, are demanding records and information from the Trump administration’s rollbacks of numerous climate change policies at the Environmental Protection Agency (EPA — Read on thehill.com/policy/energy-environment/417615-house-dems-probe-trumps-climate-rollbacksRead more "House Dems demand records on Trump’s climate rollbacks | TheHill"
The Houston economy has largely recovered from the two-year oil downturn that began in 2014 and economic indicators suggest solid growth ahead for the region, according to analysis by a University of Houston economist. The local economy, after struggling in recent years, is again adding jobs at a strong pace, supported by oil prices above […]Read more "Forecaster: Houston economy has recovered from downturn – HoustonChronicle.com"
U.S. oil prices settle lower Wednesday, at the lowest in almost eight months, after a government report revealed that domestic crude supplies rose for a seventh week in a row, and gasoline stockpiles unexpectedly climbed. — Read on http://www.marketwatch.com/story/oil-prices-improve-from-multimonth-lows-as-weekend-opec-meeting-looms-2018-11-07Read more "U.S. oil prices at lowest in nearly 8 mos. as domestic crude supplies climb for 7th week in a row – MarketWatch"