U.S. crude oil production surpassed 12 million barrels per day in April – Today in Energy – U.S. Energy Information Administration (EIA) — Read on www.eia.gov/todayinenergy/detail.php Advertisements
U.S. gas production is at a record high, but the infrastructure needed to move the fuel around the country hasn’t kept up. The result is price spikes, uneven distribution and fears of stifled economic growth. — Read on www.wsj.com/articles/the-u-s-is-overflowing-with-natural-gas-not-everyone-can-get-it-11562518355Read more "The U.S. Is Overflowing With Natural Gas. Not Everyone Can Get It. – WSJ"
Plains All American Pipeline LP’s 670,000 barrel-per-day (bpd) Cactus II oil pipeline system from the Permian basin to the Corpus Christi, Texas area will commence line fill within a week, a source with direct knowledge of the matter said on Thursday. — Read on www.reuters.com/article/us-plains-all-amer-cactusii-exclusive/exclusive-plains-cactus-ii-oil-pipeline-to-begin-line-fill-in-a-week-source-idUSKCN1TS2XJRead more "Exclusive: Plains’ Cactus II oil pipeline to begin line fill in a week – source – Reuters"
Louisiana Offshore Oil Port is becoming a major world oil trading hub, with record U.S. oil production transforming the nation’s only deep-water offshore oil port from its previous role as — Read on www.theadvocate.com/content/tncms/live/Read more "Louisiana’s offshore oil port exports surge to new record amid trade turmoil | Business | theadvocate.com"
DUBAI, United Arab Emirates (AP) — Two oil tankers near the strategic Strait of Hormuz were damaged in suspected attacks on Thursday, leaving one ablaze and the other adrift and forcing sailors to… — Read on www.apnews.com/d67714ab8ac344a3b3af19cca1c20192Read more "Tankers targeted near Strait of Hormuz amid Iran-US tensions"
U.S. natural gas and crude oil production increased last year at the fastest pace ever for a single country. — Read on www.bloomberg.com/news/articles/2019-06-11/u-s-oil-gas-output-surges-the-most-ever-for-a-single-countryRead more "U.S. Oil, Gas Output Surges the Most Ever for a Single Country – Bloomberg"
Natural gas was the fastest-growing energy source in the world last year — when global energy consumption rose at its fastest pace in nearly a decade, according to a new International Energy Agency report. Driving the news: Natural gas accounted for 45% of all energy consumption growth in 2018. Most regions and many industries, including the […]Read more "In an energy-hungry world, natural gas gaining the most – Axios"
The United States may now be the world’s biggest crude producer, but the oil being produced in its prolific Permian basin is increasingly too light in density for domestic refiners or for exports, eroding prices for these orphan barrels. — Read on www.reuters.com/article/us-usa-oil-permian/as-permian-oil-production-turns-lighter-price-outlook-darkens-idUSKCN1T71B7Read more "As Permian oil production turns lighter, price outlook darkens – Reuters"
The Department of Energy (DOE) in March 2018 released a 52-page report outlining its multi-year strategy to improve cybersecurity. In the report’s introduction, Assistant Secretary Bruce J. Walker noted that — Read on www.powermag.com/Read more "Strengthening the Energy Sector’s Cyber Preparedness"
SALT LAKE CITY (AP) — The Trump administration is committed to making fossil fuels cleaner rather than imposing “draconian” regulations on coal and oil, U.S. Energy Secretary Rick Perry said… — Read on apnews.com/491888c04e3244d4a4e473e7978f47ccRead more "Energy secretary: US aims to making fossil fuels cleaner"