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Tag Archives: energy boom

U.S. diesel demand flat as freight growth slows: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – U.S. diesel consumption has been flat this year after growing strongly in 2013 and 2014, mirroring a slowdown in inland freight movements and the worldwide slowdown in the raw materials sector. Diesel consumption measured by the Energy Information Administration’s data on distillate supplied is closely ...

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Cruz, Bridenstine author proposed energy bill

U.S. Sen. Ted Cruz, R-Texas, and Rep. Jim Bridenstine, R-Okla, introduced on Wednesday the “American Energy Renaissance Act” that would rollback or end several federal regulations on the nation’s oil and gas industry. The proposed legislation, introduced into the U.S. Senate and House of Representatives, would leave the regulation of hydraulic fracturing, or fracking, to the states rather than the ...

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Editorial: Natural gas era unfolds in Pennsylvania without a cohesive strategy to make it sane and safe

When it comes to natural-gas drilling, where’s the leadership? Looking back on the coal-mining era, given the perspective of time, it’s easy to wonder why our state and federal lawmakers failed us on so many levels. In their zeal to take advantage of a new, abundant energy source, all but a few of our leaders largely turned their backs on ...

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West Virginia, Ohio visitors seek guidance in North Dakota

MINOT, N.D. — Government and economic development leaders from West Virginia and Ohio are visiting northwestern North Dakota to see firsthand what it’s like to deal with an energy boom. The residents from Parkersburg and Vienna, West Virginia, and Belpre and Marietta, Ohio, hope to apply lessons from Minot and Williston to what the mid-Ohio Valley will experience if and ...

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More than 700 spills reported in Colorado in 2014

oil slick

A toxic release summary from the Center for Western Priorities (CWP) reported that 712 oil and chemical spills occurred in 2014 — amounting to two spills each day in the state. The center gathered its data from the Colorado Oil and Gas Conservation Commission (COGCC). “The Oil and Gas Task Force has a rare opportunity to provide leadership and strike ...

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Energy boom leads to development in Douglas

pump jack

CASPER, Wyo. — Booms and busts are written on well-worn pages in Wyoming’s history book, and developers study them intently before investing the time and money to build a neighborhood. The Douglas housing market was already tight when oil and gas activity began picking up about three years ago. The shortage has only worsened since drilling quickened. Developers blame the ...

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EDITORIAL: Our energy boom: Market currents

oil drums

Americans should welcome global crude-oil prices plunging below $65 a barrel and hope the combination of demand blunted by economic slowdowns in Europe and China and abundant supply driven by soaring U.S. production and OPEC not cutting output will continue. Pulitzer Prize-winning energy expert Daniel Yergin, vice chairman of global business analytics firm IHS, thinks it will. He notes in ...

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STUDY: Low oil prices are nothing to Houston, Texas

Texas flag

According to a report by financial firm BBVA Compass, over the last 30 years Houston and Texas economies have become so diverse they will not face the same pain of 1980’s oil price shocks, even if oil prices continue to decrease. Over recent years, Houston and Texas economies have benefited greatly from the growing energy production that has been powered ...

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