By Christine Buurma May 9, 2016 — 7:01 PM EDT Updated on May 10, 2016 — 2:45 PM EDT Natural gas futures have soared since March on speculation that supplies are finally falling after a decade of gains. Production numbers tell a different story. Prices have gained about 30 percent from a 17-year low in [...]
Production of crude oil and natural gas has more than offset the drop in coal use over the last six years, the federal government said Monday. Energy production has soared over the last half-decade, with shale oil leading the nation to record energy development, according the Energy Department's independent research arm. The Energy Information Administration [...]
A recent USA Today/Rock the Vote survey of millennials shows 80 percent of millennials support transitioning to “mostly clean” or renewable energy by 2030. Although their hearts may be in the right place, few millennials appear to realize how much energy their lifestyles actually consume, where this energy comes from and how much it would [...]
Posted: Tuesday, January 19, 2016 7:57 pm By Sarah Plummer REGISTER-HERALD REPORTER A federal judge has granted an emergency injunction to prevent Fayette County from enforcing a countywide ban on the storage and disposal of oil and gas waste. Judge John Copenhaver Jr. granted the injunction Tuesday to put a hold on the ban until [...]
ByRobert Hennelly MoneyWatch December 18, 2015, 6:00 AM Look no further than Ohio, that essential swing state in presidential elections. Gasoline is now $1.57 a gallon at the GetGo in Madison, Ohio, well below the $2 per gallon national average. Back in January 2014 the average price in Ohio was $3.29 a gallon. That's a [...]
CHARLESTON, WV (AP) - West Virginia has brought in $18 million by leasing the right to drill for oil and natural gas deep below state wildlife management areas and waterways, including beneath the Ohio River. But as natural gas prices stay low, no companies with the state leases have begun extracting gas, as far as [...]
By Sarah Tincher, Energy Reporter EQT Corp. has forecasted its 2016 capital expenditure (CAPEX) to reach $1 billion, including $820 million for well development, according to a Dec. 7 announcement. EQT, a major natural gas producer for the Appalachian Basin, plans to drill 72 Marcellus wells with an average lateral length of 7,000 feet in [...]
Anticipated commercial synergies exceed $2 billion of incremental EBITDA by 2020 Up to $400 million of additional cost savings expected from the implementation of ETE’s shared service model Williams’ stockholders can elect to receive shares issued by new ETE C- corp and/or cash, subject to proration if either is oversubscribed Transaction is immediately accretive to [...]
September 30, 2015 Dear IPAA Member: I'm pleased to announce that earlier today, a federal judge in Wyoming issued a preliminary injunction against the U.S. Bureau of Land Management (BLM) that prevents the agency from regulating hydraulic fracturing on federal lands until the court hears a case brought by IPAA and others against the federal [...]
A House subcommittee voted Thursday to lift the 40-year-old restriction on exporting crude oil, moving the legislation a significant step toward passage. Before approving the measure by voice vote, Republicans on the Energy and Commerce subcommittee on energy and power said the bill would bring wide-ranging benefits to United States consumers and workers while benefitting [...]