The toll the coronavirus is taking on the all-but-shuttered U.S. economy that has left more than 22 million Americans unemployed is also hurting the oil industry, including in North Dakota where the largest producer is reported to be halting production.
Alfredo Ortiz of Job Creators Network writes at foxbusiness.com to commemorate the September achievement of U.S. energy independence, as measured by oil exports exceeding imports, for the first time in 70 years.
President Donald Trump will deliver remarks at the fourth annual Shale Insight Conference in Pittsburgh on Wednesday afternoon. The speech is scheduled to begin at 3:40 p.m. EST.
The Paris-based International Energy Agency’s (IEA) Oil Forecast reveals that the U.S shale revolution is transforming global oil markets.
The Eagle Ford shale formation, a Texas oil and natural gas powerhouse, appears primed for another energy boom. According to the latest report from the U.S. Geological Survey (USGS), the land sits on billions of barrels of untapped oil and natural gas.
Saudi oil executives inked multi-billion dollar deals with companies to explore building petrochemical facilities along the Texas Gulf Coast. Essentially, they hope to capitalize on the U.S. oil and gas boom, largely fueled by shale drilling in the Permian Basin.
China is on the verge of unleashing an energy revolution which will destroy pretty much forever the green argument that “we are running out of fossil fuel.”
Within the first year after the federal government lifted its ban on exporting American oil, Texas producers are seeing spikes in demand on the international market.
Donald Trump came out swinging against his rival Hillary Clinton on policy — specifically about the economy and energy production — in a speech from Pittsburg, Pennsylvania on Thursday. “Producing more American energy is a central part of my plan to
Energy campaigners have called on the British government to “realise” at least one shale project in the UK, to prove the technology’s worth and to prevent investors drifting away to projects abroad. “The most important step now is to kick-start one shale
The UK’s revenue from oil and gas has plummeted by 54 per cent in the space of a year from £4.7bn in 2013-14 to just £2.1bn in 2014-15 as world oil prices continue to drop. The fall is more than
The decision by Lancashire County Council to reject a planning application for shale gas drilling was taken against the advice of both their planning and legal departments as well as being contrary to a recommendation by the Department for Energy and
British officials on Monday rejected another Cuadrilla Resources shale gas project in northwest England on the grounds of visual and noise impact, just four days after refusing a different shale gas planning application. Cuadrilla’s project at Preston New Road near
Governor Jerry Brown signed an executive order Wednesday implementing California’s first-ever mandatory water restrictions that require cities and towns to cut their water usage by 25 percent over the next nine months. But Brown will not cut oil company water use for fracking because the industry pays over $20 billion in state and local taxes.
