Drilling curbs by oil producers in the largest U.S. shale field will continue until transport bottlenecks ease and investors stop punishing companies for increasing capital spending, executives at an energy conference said on Thursday. — Read on www.reuters.com/article/us-usa-shale-production/u-s-shale-executives-predict-oil-production-constraints-to-remain-idUSKCN1Q4003Read more "U.S. shale executives predict oil production constraints to remain | Reuters"
NEW YORK (Reuters) – U.S. crude oil output is expected to rise 1.45 million barrels per day (bpd) this year and 790,000 bpd more next year, bringing total output to 13.2 million bpd, the Energy Information Administration said in a monthly forecast on Tuesday. U.S. oil production this year is forecast to be at a […]Read more "U.S. oil output to hit new record above 13 million bpd in 2020: EIA | Reuters"
Report: Texas crude oil production breaks 1970s record – Houston Chronicle — Read on m.chron.com/business/energy/article/Report-Texas-crude-oil-production-breaks-1970s-13606658.phpRead more "Report: Texas crude oil production breaks 1970s record – Houston Chronicle"
New Mexico captures greater share of oil and gas revenue — Read on www.google.com/amp/s/amp.ruidosonews.com/amp/2605292002Read more "New Mexico captures greater share of oil and gas revenue"
The American Petroleum Institute’s president blamed rising U.S. carbon emissions in 2018 – after years of declines – on increasing energy demand from a strong economy and on pipeline shortages in areas like West Texas’ booming Permian Basin. API President and CEO Mike Sommers instead focused on how record-high U.S. oil and gas production is […]Read more "API: U.S. must grow oil and gas while reducing emissions – HoustonChronicle.com"
A tussle is playing out in the market for so-called light oils, which have a lower sulfur content and are less dense than heavier varieties. When processed, these grades typically yield a higher amount of fuels like gasoline and naphtha. Light oil pumped in U.S. shale fields is increasingly making — Read on finance.yahoo.com/news/u-shale-apos-blows-leave-063738822.htmlRead more "U.S. Shale’s Blows Leave Middle East Oil Producers Staggering"
Expanded Texas Shipping Lane Could Help Cut Trade Deficit By $50 Billion – Texans for Natural Gas — Read on www.texansfornaturalgas.com/texas_shipping_lane_cut_trade_deficitRead more "Expanded Texas Shipping Lane Could Help Cut Trade Deficit By $50 Billion – Texans for Natural Gas"
EIA projects that U.S. liquefied natural gas (LNG) export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world behind Australia and Qatar. Currently, U.S. LNG export capacity stands at 3.6 Bcf/d, and it is expected to end the year at 4.9 […]Read more "U.S. liquefied natural gas export capacity to more than double by the end of 2019 – Today in Energy – U.S. Energy Information Administration (EIA)"
NEW YORK (Reuters) – Oil prices jumped nearly four percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada’s Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply. Brent crude futures rose $2.23 to settle at $61.69 a barrel, […]Read more "Oil surges almost 4 percent on trade truce, expected supply cuts | Reuters"
WASHINGTON (Reuters) – The U.S. Environmental Protection Agency lifted its annual blending mandate for advanced biofuels by 15 percent for 2019, while keeping steady the requirement for conventional biofuels like corn-based ethanol, according to an agency document seen by Reuters on Thursday. The mandate includes 4.92 billion gallons for advanced biofuels that can be made […]Read more "Exclusive: EPA lifts advanced biofuel mandate for 2019 – document | Reuters"