5 Things To Know Before President Trump's First State of the Union

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.

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Methane Emissions Drop in Top Oil and Gas Producing Counties in Texas

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.

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U.S. Crude Output Set to Pass Saudis and Rival Russia: Report

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.

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Relentless Growth Could See the U.S. Topple Russia and Saudi Arabia As World’s Largest Oil Producer, IEA Says

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.
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What Makes Natural Gas Naturally Cheap, and Why Texans Should Watch the Price

Laurie Joseph & Jeff Mosier | Dallas News | January 16, 2018

There were concerns that the nation's new role as a natural gas exporter (much of that to Mexico) would cause price spikes.

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U.S. Oil Industry Set to Break Record, Upend Global Trade

Liz Hampton | Reuters | January 16, 2018

HOUSTON (Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.

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Trump Administration’s Offshore Oil Proposal Could Unlock 65 Billion Barrels Of Oil Equivalent

Oil & Gas Investor | January 11, 2018

The Trump administration’s proposal to open up almost all of U.S. offshore waters to oil and gas drilling could unlock up to 65 billion barrels of oil equivalent (Bboe), attracting billions of dollars in investment, consultancy Rystad Energy said on Jan. 10.

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American Oil Drillers' Output Could Top Saudi Arabia and Rival Russia by 2019

Tom DiChristopher | CNBC | January 9, 2018

  • U.S. oil production will average 10.8 million barrels a day in 2019, according to the Energy Information Administration, a level that will rival top producers Saudi Arabia and Russia.
  • EIA sees America's output at 10.3 million barrels a day this year, the highest annual average on record.
  • EIA forecasts U.S. crude prices will average $52.77 this year, well below the current price near $63 a barrel.
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