Oil prices rallied Wednesday July, 11, 2012 on bargain hunting a day after a sell-off driven by the end of a Norwegian oil workers' strike and as traders digested an upbeat US energy inventories report.
31st July 2012
If you live in a part of the state not affected by the Fayetteville Shale Play, be thankful — not because of the issues surrounding the process of extracting natural gas from underground, but because you don’t have to listen to the daily back-and-forth between the sides
There are two sides. Not many people reside in the undecided middle. You’re either for the gas industry and its “fracking” process or you’re against it for one or more of several reasons. Read more »
31st July 2012
Tanzania plans to raise royalties on gas and demand signature bonuses for energy contracts as the east African nation tries to secure bigger benefits from major offshore discoveries. Read more »
27th July 2012
Chesapeake Energy Corp
25th July 2012
The Department of Environmental Protection says in a release Monday July 23, 2012 that the study will focus on areas with gas processing plants and compressor stations in Washington County, about 25 miles southwest of Pittsburgh.
The study will monitor the air for ground-level ozone, carbon monoxide, methane, and 60 other pollutants. Read more »
21st July 2012
Oil prices hit two-month highs this week, driven by Federal Reserve stimulus hopes and Middle East unrest.
Other commodities enjoyed mixed fortunes as traders tracked the latest twists and turns in the eurozone debt crisis. Read more »
17th July 2012
The major role played by the strategically developed Barnett shale in the US natural oil and gas production is expected to provide a model for the development of other shale plays, according to a new report by GlobalData.
The new report states that the Barnett shale combo has historically attracted substantial investments from oil and gas companies. High crude oil prices are anticipated to encourage oil and gas companies to explore and develop Barnett shale combo projects in the future. Read more »
15th July 2012
The economic impact of natural gas production in the Fayetteville Shale has exceeded projections made in 2008, despite sharply lower gas prices and indications of lower expenditures in the area in 2012 than in 2011. A study released Tuesday, June 5, provides updated economic impact figures generated by the activities of the natural gas industry concentrated in the north central region of Arkansas. Read more »
7th July 2012
Some East Texas counties are faring better than those in other parts of the state, where oil and natural gas production trucks are tearing up roads and leaving taxpayers on the hook for the damage.
Though increased energy production in recent years has created thousands of jobs and kept the Texas economy chugging along, the industry has left behind an estimated $2 billion in needed repairs to local and farm-to-market roads across the state, a Texas Department of Transportation executive said this week. Read more »
- 18th June - More Liquefied Natural Gas being Exported
- 17th June - Senator John Barrasso: "Speed US Natural Gas Exports"
- 14th June - "Are Natural Gas Cars Next"
- 13th June - US Oil Production at Record High with Strong Market for Selling Mineral Rights
- 12th June - Should You Sell Your Mineral Rights and Royalties and Buy Marathon Petroleum?
- More Blog