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Tag Archives: oil and gas drilling

Trump uses energy speech to outline general election pitch

Donald Trump energy speech

BISMARCK, N.D. (AP) — Presumptive Republican presidential candidate Donald Trump unveiled an “America first” energy plan he said would unleash unfettered production of oil, coal, natural gas and other energy sources to push the United States toward energy independence. But the speech, delivered at the annual Williston Basin Petroleum Conference in Bismarck, North Dakota, went far beyond energy, as Trump ...

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Sanders criticizes Clinton record on fracking

The Latest: Sanders criticizes Clinton record on fracking

WASHINGTON (AP) — The Latest on campaign 2016 (all times Eastern Daylight Time): 11:05 a.m. A swing through upstate New York is providing Bernie Sanders with a fresh opportunity to contrast himself with Hillary Clinton on fracking — an oil and gas drilling method that’s been banned in the state. In a lengthy riff at a rally in Binghamton, New ...

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Florida Senate committee rejects fracking bill

TALLAHASSEE, Fla. (AP) — A bill that would study and create regulations for fracking is all but dead after a Florida Senate committee rejected it. The Senate Appropriations Committee narrowly voted against the bill. It was then kept alive on a procedural move. Opponents’ concerns about the environment and measures that wouldn’t let local governments ban the method of oil and ...

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Shell closing Franklin Park office next year

Royal Dutch Shell plans to close its Franklin Park office next summer and move most of the 180 workers involved in gas and oil drilling there to its U.S. headquarters in Houston. The move is the latest sign of retrenching among top Marcellus shale gas producers as prices remain at three-year lows because of tepid demand and oversupply. Shell announced ...

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Easy to use well economics software provides relevant data in minutes

In a cyclical industry like oil and gas, people generally expect dramatic market fluctuations; however, when the price of oil drops by 50% like it did last year and remains low, companies inevitably struggle.  Modified drilling plans, lower rig counts, layoffs and focus on existing production are some of this year’s themes, and it is the rare oil company that ...

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‘Fractivists’ to strategize over fracking bill

Self-described “fractivists,” upset with a new state law they say strips away local control of oil and gas drilling, plan to meet in Dallas next week to develop a strategy to challenge House Bill 40. Organizers hope that panel discussions on Nov. 5 and Nov. 7 will lead to passage of a resolution that voices support for local control over ...

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U.S. industrial output falls for second straight month

WASHINGTON – U.S. industrial production fell for a second straight month in September on renewed weakness in oil and gas drilling, the latest indication that the economy lost momentum in the third quarter. Industrial output slipped 0.2 percent after a revised 0.1 percent dip in August, the Federal Reserve said on Friday. Economists polled by Reuters had forecast industrial production ...

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US rejects protections for greater sage grouse across West

BILLINGS, Mont. — The latest on the decision not to give the greater sage grouse federal protections (all times local): 7 a.m. The U.S. Interior Department says the greater sage grouse does not need federal protections across its 11-state Western range after some limits were put on energy development and other activities. Tuesday’s announcement signals that the Obama administration believes ...

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