Article By: Bloomberg America’s largest oil hub in Cushing, Oklahoma, is growing even as producers and traders look to move surging West Texas production to the coast for export. The U.S. petroleum industry is planning to build about 4.8 million barrels of storage capacity and as many as seven new pipelines to move oil to and from the hub. The…
Article By: Energy In Depth Two years of data recorded around Marcellus Shale development near a school in Pennsylvania show the operations “do not pose any acute or chronic health concerns” and have not impacted air quality in the surrounding area, according to a comprehensive study released this week. The analysis by researchers at Boston-based Gradient Corp. refutes baseless claims of health threats from…
Oklahoma City— 05/20/2019 — The Domestic Energy Producers Alliance (DEPA) stands in solidarity with President Trump and the countless American businesses and workers who have struggled for decades against the tide of government owned and subsidized Chinese industry. In just over 10 years the American energy renaissance has transformed the economic and geopolitical landscape, securing America’s energy independence and security…
Article By: Washington Examiner The new buzzword in the energy industry is “geopolitics.” The role of America’s oil and natural gas companies has never been more consequential in shaping the global political order. If history is a good signpost, the change being driven by our nation’s energy industry will have a significant worldwide impact on technologies and policies that will…
Article By: Inforum FARGO — North Dakota’s soaring Oil Patch has placed it squarely in the midst of output levels for members of the Organization of Petroleum Exporting Countries — and it already would rank 18th in the world if the state were a country. North Dakota produces an average of 1.4 million barrels of oil per day, a level…
Air pollution could be on the decline in the Permian Basin – one of the most active oil and gas plays in the world situated in southeast New Mexico and West Texas. Methane is a primary component of the natural gas extracted in the Permian and is often released when the infrastructure is not present to get the gas to…
Article By: Bloomberg America is set to become an even bigger player in the global liquefied natural gas market after the nation’s top regulator approved two more projects to export the super-chilled fuel. Tellurian Inc.’s proposed $28 billion Driftwood terminal in Louisiana and Sempra Energy’s Port Arthur LNG project in Texas were cleared by the Federal Energy Regulatory Commission in…
OKLAHOMA CITY – The Domestic Energy Producers Alliance (DEPA) released the following statements following President Donald Trump’s recent executive orders, which pave the way for energy infrastructure development in the United States. The U.S. energy market has been financially disadvantaged globally due to infrastructure constraints. “President Trump is once again delivering on his promise to unleash American energy and prosperity.…
Article By: The Hill President Trump will travel to Texas Wednesday to announce two new executive orders that aim to make it easier for the oil and gas industry to get permits for pipeline construction, among other infrastructure needs. The executive orders, which will be announced at the International Union of Operating Engineers’ International Training and Education Center outside Houston,…
Article By: OGJ Due to a slightly tighter global oil market, the US Energy Information Administration, in its latest Short-Term Energy outlook, forecasts Brent spot prices to average $65/bbl in 2019, up $2/bbl from last month’s STEO forecast, and $62/bbl in 2020. These compare with an average of $71/bbl in 2018. EIA expects that West Texas Intermediate crude oil prices…