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Tag Archives: Natural Gas

North Dakota oil production continues to rise

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WILLISTON, N.D. — Regulators say North Dakota produced a record high of 1,184,635 barrels of oil a day in September. That’s 50,000 more barrels a day than August. Oil production figures have a two-month lag time. The natural gas flaring rate dropped from 27 percent in August to 24 percent. Natural gas is a valuable byproduct of oil production. But ...

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Falling LNG Imports, America’s LNG Exports Opportunity

natural gas

A good deal of the buzz generated by America’s ongoing energy revolution has centered on the way surging domestic production is changing the crude oil imports picture. No question, it’s a pretty one, with net imports as a share of consumption falling to levels not seen in nearly three decades. That’s great news for job creation, the economy, our balance of ...

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Natural gas industry rains cash for state lawmakers’ campaigns, lobbying efforts

The natural gas industry spent nearly $50 million on campaign contributions and lobbying in Pennsylvania since 2007, giving it unwarranted influence over lawmakers, according to two advocacy groups that have been criticized for their opposition to gas drilling. The groups’ report claims the industry contributed $8 million to candidates and spent $41 million on lobbying between 2007 and June of ...

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NC panel plans final discussion on fracking rules

RALEIGH, N.C. — The state Mining and Energy Commission planned to meet Friday for a final discussion on rules for fracking in North Carolina before voting on them. The meeting was to start with a discussion of revisions to draft rules for the hydraulic fracturing method of drilling for oil and gas. Panel leaders hoped to vote during the meeting, ...

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Natural gas, oil production projections for December

Natural gas production amongst the top shale plays in the United States will continue to rise through the end of the year, according to the Energy Information Administration (EIA). Oil production is also predicted to be on the rise. Leading the way in natural gas production is the Marcellus Shale play. According to the EIA’s latest Drilling Productivity Report (DPR), ...

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Energy News Roundup: Climate Deal Spurs Building Spree, Dow Selling Billions in Assets & IEA Sees US Shale Cap Ex Pullback

energy

The US and China agreed to jointly cut carbon emissions in order to combat climate change, a historic pact that has many excited and many outraged. But China’s commitment to cap greenhouse gas emissions by 2030 means the country will need to build out power generation infrastructure in unprecedented ways. “That means building even more nuclear power plants, wind farms, hydro-electric ...

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EDITORIAL: Approve tougher rules for drilling right away

Natural gas and oil might be hiding under our feet, especially in areas of Lee and Chatham counties that have been identified as promising for hydraulic fracturing. But an expensive and disruptive attempt to find and extract whatever’s there could discover very little. Several geological experts have predicted that outcome, saying our rock layers have marginal potential. Fracking in North ...

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America – an Energy Superpower

Benefits of the U.S. Oil and Natural Gas Boom are Permanent, Says Citi. Forbes: The return of the U.S. as an energy superpower will not be a short-term event with the economic benefits likely to last “at least two generations”, according to the latest research from Citi. That is one of the key findings in a report from the commodities team ...

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