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Tag Archives: 2015

US wind energy output hit record in ’15, industry group says

US wind energy output hit record in '15, industry group says

BRIGHTON, Colo. (AP) — An industry group says wind energy generated a record 191 megawatt-hours of electricity last year, enough for 17.5 million homes. The American Wind Energy Association said Tuesday that wind produced 4.7 percent of the nation’s electricity in 2015. It says coal generated 33 percent and natural gas slightly less than that. The association released the statistics ...

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American Airlines posts record profit in 2015

American Airlines posts record profit for 4Q, all of 2015

FORT WORTH, Texas — American Airlines reported a record profit for the fourth quarter and all of 2015 as a sharp drop in fuel prices more than offset lower revenue. The world’s biggest airline said Friday that its earnings were the highest ever for any carrier. American is poised for another big year: airline officials said they expect to save ...

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Hiatus announced for Matador rigs in Eagle Ford, Permian operations keep chugging

Matador Resources Co. (NYSE: MTDR) has announced that over the next few months, the oil and gas production company is shutting down its two rig operations in the Eagle Ford in light of plummeting petroleum prices. The Dallas-based company holds an emphasis in producing oil and natural gas in the Eagle Ford and Permian Shale Plays. According to its investor ...

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California energy brings in 70,000 jobs in 2015

jobs

Already providing 432,000 jobs in alternative energy, California is brining in another 70,000 jobs over the next year. Advanced Energy Economy Institute, a nonprofit cofounded by Tom Steyer, a billionaire environmental activist, reported the California projections. The report estimated that the Sacramento region already has 15,000 alternative energy jobs, the Bay Area has 104,500, the Inland Empire has 55,300 and ...

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Kinder Morgan’s forecast for 2015 shows growth

kinder morgan

Kinder Morgan announced that it doesn’t expect decreasing oil prices to impact its pipelines and storage business. The Houston-based company expects to invest $4.4 billion in development and small acquisitions in 2015.  Kinder Morgan also plans to generate $8.2 billion in earnings across its several segments.  For this year, the company said it expected to invest $3.6 billion in projects ...

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Hoeven disappointed US rules for oil railcars not likely before 2015

tank car

By: Kyle Potter, INFORUM WASHINGTON – New regulations to upgrade or replace thousands of tank cars prone to punctures and explosions similar to what happened in the fiery Casselton, N.D., train crash won’t be coming as soon as lawmakers and industry groups hoped. North Dakota Sen. John Hoeven said last week it would be weeks – not months – before federal ...

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