United States Geological Survey

Owners of New York City's Empire State Building File For IPO

By Javier E David First was Texas. Next came Pennsylvania and North Dakota. Could New York become the next U.S. shale hotspot? It’s a tantalizing prospect for some, given that the Empire State sits atop not one but two prolific shale formations, the Marcellus and the Utica. According to the most recent data from the… Keep reading →

Department Of Environmental Conservation Holds Hydro Fracking Hearing

Good news for gas drillers! A few days before the Environmental Protection Agency announced that it will neither finalize nor seek peer review of its investigation of the impact of hydraulic fracturing on groundwater at an Encana-operated field near Pavillion, Wyoming, The United States Geological Survey announced that it had found naturally occurring methane in… Keep reading →

Prices Help Drive Increase of Midwest Oil Exploration

Illinois’ Hydraulic Fracturing Regulation Act establishes strict environmental protections and sets the stage for significant economic development in the state. On May 31, 2013, Illinois Senate passed the Hydraulic Fracturing Regulation Act (SB 1715) by a vote of 52-3, one day after it passed the House by a vote of 108-9.  The legislation, developed with… Keep reading →

View of the partially frozen Yellowstone

Alaska Governor Sean Parnell’s push to open up ANWR’s area 1002 to exploration – and possibly oil and gas development somewhere down the road – may prove ill-timed, coinciding with an ongoing battle over the Keystone XL Pipeline, as well as escalating production and concerns generated by the shale revolution. Existing estimates suggest that ANWR… Keep reading →

View of the partially frozen Yellowstone

Opening up the Arctic National Wildlife Refuge to exploration and development has long been a contentious issue, and Alaska Governor Sean Parnell made a push earlier this week to reopen the debate. Parnell presented Interior Secretary Sally Jewell with a detailed proposal for a seven-year program to conduct 3-D seismic exploration of ANWR area 1002… Keep reading →

Senate Votes Not To Allow Drilling In Artic Refuge

Alaska Governor Sean Parnell is urging recently-confirmed Interior Secretary Sally Jewell to push ahead with exploration of the Arctic National Wildlife Refuge (ANWR). Parnell presented Secretary Jewell with a 187-page proposal for a seven-year program to conduct seismic surveys of ANWR area 1002, which would help to better define the area’s oil and gas potential.… Keep reading →


US tight oil production has already helped to shave somewhere on the order of $20-$25 per barrel from Brent crude oil prices, and continued output growth has the potential to further impact global pricing, according to Energy Information Administration (EIA) Administrator Adam Sieminski. The uptick in US oil production – which rose to 6.5 million… Keep reading →