The utility’s equipment had been found to be responsible for many of the wildfires that killed scores in Northern California in 2017 and 2018. — Read on www.nytimes.com/2019/01/14/business/energy-environment/pge-bankruptcy-california.htmlRead more "PG&E Plans Bankruptcy Filing Over Deadly California Fires – The New York Times"
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"
The oil and gas industry offers the most rewarding careers out there. They provide good pay, job satisfaction and the reward of doing important things. — Read on naturalgasnow.org/theres-no-better-career-than-one-in-oil-and-gas/Read more "There’s No Better Career Than One in Oil and GasNatural Gas Now"
Colorado Parks and Wildlife is reiterating its desire to see regulators consider limiting oil and gas pads to one per square mile in critical big game habitat. — Read on www.gjsentinel.com/content/tncms/live/Read more "Agency seeks drill limit near big game | Western Colorado | gjsentinel.com"
Oil prices rose more than 1 percent on Thursday in volatile trade, drawing support from signs that Saudi Arabia is cutting crude output but pressured by concerns that slowing global economic growth could dent demand. — Read on www.reuters.com/article/us-global-oil/oil-rises-in-choppy-trade-as-opec-supply-cuts-vie-with-demand-worry-idUSKCN1OX03WRead more "Oil rises in choppy trade as OPEC supply cuts vie with demand worry | Reuters"
U.S. crude exports to Europe fell to an 11-month low this month as a shrinking discount and rising shipping costs squeezed demand for U.S. barrels, according to Refinitiv Eikon data and analysts. — Read on www.reuters.com/article/us-usa-crude-exports/u-s-crude-flows-to-europe-hit-11-month-low-in-december-idUSKCN1OR1DTRead more "U.S. crude flows to Europe hit 11-month low in December | Reuters"
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"
U.S. oil suffers worst 1-day decline in about three months as risk assets get bludgeoned – MarketWatch — Read on www.marketwatch.com/story/us-oil-suffers-worst-1-day-decline-in-about-three-months-as-risk-assets-get-bludgeoned-2018-12-24Read more "U.S. oil suffers worst 1-day decline in about three months as risk assets get bludgeoned – MarketWatch"
The United States Geological Survey just identified the world’s largest unconventional oil and gas potential buried within the Permian basin, containing over 46 billion barrels of oil and 280 trillion cubic feet of natural gas. — Read on www.forbes.com/sites/arielcohen/2018/12/21/americas-oil-and-gas-reserves-double-with-massive-new-permian-discovery/Read more "America’s Oil And Gas Reserves Double With Massive New Permian Discovery"
Anti-Pipeline Activism Isn’t Generating More Investment in Renewable Energy – Texans for Natural Gas — Read on www.texansfornaturalgas.com/antipipeline_activism_isnt_generating_more_investment_renewablesRead more "Anti-Pipeline Activism Isn’t Generating More Investment in Renewable Energy – Texans for Natural Gas"