Two U.S. senators introduced legislation on Thursday to harden the ban on selling crude oil from the Strategic Petroleum Reserve (SPR) to China.
U.S. Senators Move to Harden Ban on Selling Reserve Oil to China Read More »
If the U.S. pulls back from permitting new LNG export plants, demand for the fuel will still be met from projects in Qatar, Argentina and Africa, the CEO of Baker Hughes, the world’s largest provider of equipment for the LNG sector, said on Thursday.
CEO: Other Nations Will Fill LNG Gap if U.S. Retreats, Baker Hughes Affirms Read More »
Federal Reserve (Fed) policymakers left their benchmark interest rate unchanged and near the highest level of this century – where it has held since mid-2023 – amid lingering inflation worries. However, Fed officials on Wednesday hinted that costs are nearing a healthy level. That could open the door for rate reductions and lower borrowing costs
Prices, Natural Gas Infrastructure Investments Await Fed Action on High Interest Rates Read More »
An insider has revealed that oil engineering and consulting company Wood Group may cut around 200 jobs as part of cost cutting measures
Wood Group plans hundreds of job cuts Read More »
It’s important to read and follow instructions when assembling, installing, operating and maintaining propane equipment. The post Safety minute: Read and follow the instructions for propane equipment first appeared on LP Gas.
Safety minute: Read and follow the instructions for propane equipment Read More »
It’s full speed ahead for the radical anti-Marcellus Democrats in the Pennsylvania State Legislature. Last week, PA Gov. Josh Shapiro traveled to Scranton, PA, to do a dog-and-pony show announcing his personalized version of the Regional Greenhouse Gas Initiative (RGGI) carbon tax that would apply only to PA (see PA Gov. Shapiro Proposes Own Version…
Dems Intro Bill to Create PA-Only Marcellus-Killing Carbon Tax Read More »
Honestly, we can’t heap enough praise on the excellent work done by Pennsylvania shale drillers. It is unreasonable to expect there will be absolutely zero problems when engaging in something as complex as drilling a mile straight down and then one to four miles horizontally underground. Nothing in life is error-free. NOTHING. There’s always a…
0% of New PA Shale Wells have “Interfered” with Water, Other Wells Read More »
Where do business dreams go to die? New York State, of course. Yesterday, the New York State Senate passed a bill to ban the use of carbon dioxide (CO2) in any process to extract natural gas or oil in the so-called Empire State. The NY Assembly (our state’s lower chamber) voted to approve the same…
Radicals Win in NY – Senate Passes Permanent Ban on CO2 Fracking Read More »
Water use restrictions have finally been lifted at the Beaver Run Reservoir in Westmoreland County, PA (near Pittsburgh). The Municipal Authority of Westmoreland County (MAWC), which manages Beaver Run Reservoir, has issued a contract to CNX Resources allowing the company to buy up to 51 million gallons of water to use in fracking at nearby…
CNX Buying 51M Gal. of Water from Beaver Run Reservoir for Fracking Read More »
Here’s a strange one we don’t quite understand. Yet. Two weeks ago we brought you the news that a jury in a federal court had decided a group of Utica shale drillers, including Rice Drilling (now EQT), Ascent Resources, XTO, and Gulfport Energy, were not guilty of “unjust enrichment” by drilling into the Point Pleasant…
OH Federal Judge Allows “Drilled Too Deep” Case to Proceed Read More »
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