Pruitt Proposes Revisions to Air Emissions Rules for Refiners
Nick Snow | Oil & Gas Journal | March 20, 2018
US Environment Protection Agency Administrator Scott Pruitt proposed amendments to the Petroleum Refinery Sector Risk and Technology Review and the New Source Performance Standards (NSPS). The corrections will provide refiners regulatory clarity and savings of as much as $11.5 million/year in compliance costs, he said.
Read moreWonder how the Oil Patch impacts the world economy? Dallas Fed is trying to find out
Jeff Mosier | Dallas News | March 14, 2018
Texas oil and gas drillers aren't the only ones scrambling to dominate the energy market. The Federal Reserve Bank of Dallas continues to carve out its niche as the energy Fed.
Read moreLink to More U.S. LNG Exports Established
Daniel J. Graeber | United Press International | March 15, 2018
March 15 (UPI) -- Improvements to a pipeline system in southern Louisiana will help with U.S. efforts to get liquefied natural gas to the market, TransCanada said.
Read more'Keep It In The Ground' Activists Optimistic Despite Oil Boom
Jeff Brady | NPR | March 16, 2018
The United States oil business is booming and the country could soon be the largest crude oil producer in the world. Despite this record-breaking production, climate change activists campaigning to move away from fossil fuels say they are making progress.
Read moreMore Than Half of US Oil Rigs Are in the Permian
Trevor Hawes | Midland Record Times | March 5, 2018
The U.S. hit 800 oil rigs this week, more than half of which were in the Permian Basin.
Read moreOne Texas Shale Oil Play Is Leading The U.S. To Energy Dominance
Michael Bastasch | The Daily Caller | March 5, 2018
The U.S.’s most productive shale oil formation, nestled in western Texas, is on track to double its output in the next five years, according to a new report.
Read moreAmerica's Oil Boom Is Fueled By A Tech Boom
Mose Buchele | KUT 90.5 | March 8, 2018
The U.S. is on track to become the world's biggest oil producer, pumping out more crude than at its peak nearly a half-century ago. For decades, few expected such a comeback, and it's all the more remarkable because the price of a barrel of oil is nowhere near what it was during the last, recent boom.
Read moreU.S. Will Be the World’s Largest Oil Producer by 2023, Says IEA
Sarah Kent, Timothy Puko | Wall Street Journal | March 5, 2018
The U.S. is likely to overtake Russia to become the world’s largest oil producer by 2023, accounting for most of the global growth in petroleum supplies, a top industry monitor said Monday.
U.S. crude production is expected to reach a record of 12.1 million barrels a day in 2023, up from 10.6 million a day this year, said the International Energy Agency, which advises governments and corporations on industry trends. American oil output will surge past Russia, currently the world’s largest crude producer at roughly 11 million barrels a day.
Read more