Russian Meddling on Social Media Targeted U.S. Energy Industry, Report Says
Georgia Wells, Timothy Puko | Wall Street Journal | March 1, 2018
A Russian-backed propaganda group used social media in an attempt to disrupt the U.S. energy industry and influence energy policy, according to a new congressional staff report reviewed by The Wall Street Journal.
Read moreGulf Coast LNG Poised to Dominate Global Market
Katherine Blunt | Houston Chronicle | February 14, 2018
The U.S. is soon expected to become a dominant player in the global market for liquefied natural gas as Gulf Coast companies build massive terminals to serve overseas markets and the federal government considers looser regulations for small-scale exports closer to home.
Read moreTexas Oil and Gas Contributed $30 Million Per Day in Taxes and Royalties in 2017
A new report from the Texas Oil & Gas Association (TXOGA) finds that oil and natural gas operators in Texas paid roughly $30 million per day in state and local taxes and royalties during the 2017 fiscal year. All told, oil and gas contributed $11 billion in revenue to the state and local governments – an increase of 17 percent from 2016 – thanks to record oil and gas production.
Read moreU.S. To Overtake Russia As Top Oil Producer by 2019 At Latest: IEA
Osamu Tsukimori | Reuters | February 26, 2018
TOKYO (Reuters) - The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country’s shale oil boom continues to upend global markets.
Read moreThe Texas Miracle: Only Five Countries Now Produce More Oil Than The Lone Star State
Mark J. Perry | American Enterprise Institute | February 9, 2018
There are only five countries in the world that produced more crude oil in October 2017 (most recent month available for EIA international oil production statistics) than the state of Texas (data here): Russia, Saudi Arabia, Iraq, Iran, and Canada. Therefore, if Texas was considered as a separate nation, it would be the world’s sixth-largest oil producer.
Read moreTrump Infrastructure Plan Would Speed Up Pipelines
Valerie Volcovici | Reuters | February 12, 2018
WASHINGTON - The Trump administration’s infrastructure proposal released on Monday would speed up the permitting of U.S. natural gas pipelines, including by cutting Congress out of the process for allowing them to cross national parks.
Read moreTexas Drilling Permits, Completions Rise As Crude Prices Firm
Oil & Gas Investor | February 12, 2018
Texas oil and gas producers received 1,166 drilling permits last month, a 21% increase over year-ago levels, the state energy regulator said Feb. 9, after filings surged on the back of higher crude prices.
Read moreEIA Expects U.S. Oil Output to Exceed 11 Million Barrels Per Day by Late 2018
NEW YORK - U.S. oil production is expected to surpass 11 million barrels per day in late 2018, a year earlier than projected last month, the U.S. Energy Information Administration said on Tuesday.
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