Nowhere in the United States is there more to learn from EPA’s recent water/fracking study than in the state of New York. Six months ago Gov. Andrew Cuomo banned hydraulic fracturing as too hazardous. Though the Cuomo administration conducted no original research of its own, the governor said no to fracking, no to jobs and… Keep reading →
Shale-Oil Producers Ready to Raise Production Wall Street Journal: After slashing production for months, U.S. shale-oil companies say they are ready to bring rigs back into service, setting up the first big test of their ability to quickly react to rising crude prices. Last week, EOG Resources Inc. EOG, -0.08% said it would ramp up… Keep reading →
The U.S. Energy Information Administration’s (EIA) new Annual Energy Outlook for 2015 contains a number of stats, charts and projections, but you could boil them down to a couple of important points. First, oil and natural gas are and will continue to be the foundation of an all-of-the-above energy approach that’s key to continued U.S.… Keep reading →
Statistics in the U.S. Energy Information Administration’s Monthly Energy Review for March show U.S.domestic energy production meeting about 89 percent of the country’s total energy demand. That’s up from 84 percent in 2013 and 2012 and reflects a key result of the domestic energy revolution: growing U.S. self-sufficiency. Two charts. First, EIA data showing U.S.… Keep reading →
Saudi Arabia Can’t Stop U.S. Fracking Boom National Journal: World oil producers have put oil prices into a free fall, refusing to pare back global supplies in the hopes that low prices will derail the fracking-backed production boom in the U.S. and preserve OPEC’s power over world energy markets. But global analysts are skeptical that the… Keep reading →
A good deal of the buzz generated by America’s ongoing energy revolution has centered on the way surging domestic production is changing the crude oil imports picture. No question, it’s a pretty one, with net imports as a share of consumption falling to levels not seen in nearly three decades. That’s great news for job creation,… Keep reading →
