Methane emissions from venting and flaring during petroleum production declined by 40 percent between 2015 and 2016, according to a new draft report from the. U.S. Environmental Protection Agency.

The U.S. Energy Information Administration (EIA) released its Annual Energy Outlook 2018 today, forecasting significant growth in U.S. oil and natural gas production driven by shale development. In fact, shale development has increased production so substantially that the agency predicts the United States to be a net energy exporter by 2022 – four years earlier than forecast in EIA’s previous Annual Energy Outlook.  

A new report from the U.S. Energy Information Administration (EIA) found that hydraulically fractured horizontal wells accounted for 69 percent of new oil and gas wells drilled in 2016, up from less than 20 percent in 2008. The report comes as the United States is reaching production and export milestones unseen in decades: crude oil production recently surpassed 10 million barrels per day (b/d) – a 47 year high – while 2017 was the first year since 1957 that the United States was a net natural gas exporter.

Alison Sider & Lynn Cook | Wall Street Journal | January 31, 2018

U.S. oil production surpassed 10 million barrels a day in November for the first time in nearly 50 years, a milestone that underscores the growing dominance of the U.S. oil industry.

President Trump will give his first State of the Union address on January 30th at 8pm CST. Here are the top five things that you should know before the big speech.

Methane emissions are declining in several of Texas’ largest oil and natural gas producing counties, according to a new analysis by Texans for Natural Gas. The analysis is based on data from the U.S. Environmental Protection Agency’s Greenhouse Gas Reporting Program (GHGRP) between the years 2011 and 2016.

Ben Geman | Axios | January 19, 2018

The International Energy Agency predicted Friday that the U.S. will surpass Saudi Arabia in crude output this year and will challenge Russia as the world's top producer on the back of "explosive" growth in shale production.

Sam Meredith | CNBC | January 19, 2018

• "This year promises to be a record-setting one for the U.S.," the IEA said in its closely-watched report published Friday
• The latest monthly report from the IEA comes at a time when crude futures have climbed to highs not seen since the early days of a slump in December 2014
• One of the main beneficiaries of OPEC-led production cuts is the producers' major competitor, U.S. shale oil. U.S. oil producers are staging a dramatic comeback amid a recovering oil price that has allowed many of them to restart operations.