Week In Review: December 7, 2018

Texans For Natural Gas

Read our top news stories of the week and see what else we've been up to!

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The U.S. Pipeline Industry Is Booming

Vanand Meliksetian | Oil Price | December 5, 2018

Every once in a while, a new technological development shakes up a conservative sector. In the oil and gas industry, the shale revolution has changed the business in multiple ways. The U.S. has been transformed from one of the world’s leading oil importers into the world’s largest producer of oil and gas. Fracking in the Permian basin has created bottlenecks as the existing infrastructure cannot cope with rising production. Producers are not able to get all the oil and gas to customers, creating a price differential with the WTI benchmark. On average, shale oil producers in the Permian basin receive $10 to $13 dollars less for each barrel compared to WTI levels.

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USGS: Permian Basin Holds the Largest Oil and Gas Resource Ever Assessed

Texans For Natural Gas

The largest continuous oil and natural gas resource potential ever assessed was just announced by the U.S. Geological Survey (USGS), and it’s located in the Permian Basin. As Interior Secretary Ryan Zinke said of the news,

"Christmas came a few weeks early this year. American strength flows from American energy, and as it turns out, we have a lot of American energy.”

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America, The Global Energy Superpower

Steve Everley | The Washington Times | December 5, 2018

“That whole — suddenly America’s like the biggest oil producer and the biggest gas — that was me, people.”

So said former President Barack Obama at a recent event in Houston. It’s not surprising that any president would want to take credit for America’s resurgence as an energy superpower: It has unequivocally transformed our economy for the better, from reducing energy prices for consumers to enhancing our national security. It has even helped the United States lead the world in reducing emissions of carbon dioxide.

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5 Ways Oil Exports Help The Coastal Bend

Texans For Natural Gas

With oil production in Texas booming, the Coastal Bend has become an oil hot spot! What does that mean for Corpus Christi residents?

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Week In Review: November 30, 2018

Texans For Natural Gas

Read our top news stories of the week and see what else we've been up to!

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Where Do We Go From Here: The Port of Corpus Christi and Its Future Looks Bright

KRISTV.com | November 27, 2018

Any discussion about the future of our city would be incomplete without considering the Port of Corpus Christi.

And tonight, as part of our month-long series “Where Do We Go From Here?” anchor Lee Sausley looks at the history of the port and shows how it’s poised for growth.

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How American Fracking Changes the World

Walter Russell Mead | Wall Street Journal | November 26, 2018

Low energy prices enhance U.S. power at the expense of Moscow and Tehran.

The most important news in world politics this month isn’t about diplomacy. Bigger than Brexit, more consequential than presidential tweetstorms, the American shale revolution is rapidly reshaping the global balance of power as energy prices plummet.

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