Gasoline prices fall nationally, rise a bit in Ohio
National gasoline prices have fallen 50 of the past 51 days for a total of 25 cents per gallon and are at the lowest level for this date in 12 years, AAA reported Monday. The national average price...
View ArticleFacebook now worth more than ExxonMobil
Facebook on Monday became more valuable than ExxonMobil, oilprice.com noted. And it is possible that at the end of the year the energy giant could fall below the top five largest companies, based on...
View ArticleOhio, Pennsylvania pipelines boosted with shale-derived LNG
Shale-produced liquified natural gas is fueling pipeline projects in Ohio and Pennsylvania, The Business Journal in Youngstown reports: "Despite the collapse of oil and gas prices that started at the...
View ArticleOhio Utica Shale rigs total 15; drilled wells at 1,764
The number of drilling rigs in the Utica Shale and Point Pleasant Shale areas of Ohio totaled 15 as of July 30, the Ohio Division of Natural Resources reported Tuesday. The number of permits for...
View ArticleCrude-oil rail shipments are declining
Trains are carrying less crude oil in the United States this year, the federal government reported Wednesday. According to the Energy Information Administration: "Movements of crude oil by rail within...
View ArticleUtica Shale driller Antero Resources posts large second quarter loss
Ohio Utica Shale driller Antero Resources Corp. lost barrels of money in its second quarter. The Denver company reported losing $596 million, or $2.12 per share, on revenue of $574.8 million for the...
View ArticleNatural gas liquids production depends on numerous factors
The federal government today looks at what makes natural gas plant liquid production viable. From the Energy Information Administration: "Natural gas plant liquids (NGPL) accounted for 22% of total...
View ArticleNatural gas liquids production depends on numerous factors
The federal government today looks at what makes natural gas plant liquid production viable. From the Energy Information Administration: "Natural gas plant liquids (NGPL) accounted for 22% of total...
View ArticleNewspaper looks at issue of making safer oil trains
Can oil trains ever be made safe? That's the issue the Bellingham Herald newspaper, in the state of Washington, looks at: "The volume of oil being shipped by rail across most of the rest of the nation...
View ArticleTrump says local governments should be able to ban fracking
Donald Trump says he favors fracking but also says local governments need to have a say in where it is allowed, The Hill reports: "Republican presidential nominee Donald Trump is stirring unease in...
View ArticleChesapeake Energy loses more than $1.7 billion, will continue drilling in...
Top Utica Shale driller Chesapeake Energy on Thursday reported a more than $1.7 billion loss for its second quarter – a significant improvement from over a year ago. The Oklahamo-based energy company...
View ArticleSand increasingly a powerful tool to improve fracking output
Frackers are increasingly showing more grit, reports the RealClearEnergy web site in what it calls a "charticle". Grit as in using more sand to get more oil out of shale: "Time and again, they’ve...
View ArticleOil, natural gas jobs down 26 percent from 2014 peak
Oil and natural gas jobs have plunged from 2014 peak levels, the federal government reported Friday. From the Energy Information Administration: "Despite increases in crude oil prices since the start...
View ArticleGulfport Energy ramps up Utica Shale drilling activity
Gulfport Energy, one of the larger drillers in the Utica Shale, says it will speed up drilling new wells in September after starting 12 wells in Ohio during its second quarter ending June 30. The...
View ArticleSmaller shale companies doing better
The RealClearEnergy web site notes a Wall Street Journal report indicating smaller shale companies are weathering the price drop in crude oil. RealClearEnergy: " ...the paper sees signs that 'smaller...
View ArticleU.S. drilling rigs increase by one
The number of drilling rigs working in the U.S. rose by one from a week ago to 464, according to the latest Baker Hughes report. The number of rigs is down 420 from the same period in 2015. To read...
View ArticleUtica Shale drilling rigs rise by one
The number of drilling rigs in the Utica Shale and Point Pleasant Shale areas of Ohio totaled 16 as of July 30, the Ohio Division of Natural Resources reported Tuesday. That’s up one from a week ago....
View ArticleU.S. energy company bankruptcies skyrocket on falling oil prices
Falling oil prices have been unkind to debt-laden energy companies in the United States, Oilprice.com notes: "A report published earlier this month by Haynes and Boone found that ninety gas and oil...
View ArticleGasoline to fall below $2 a gallon, government projects
Gasoline prices nationally are expected to fall below $2 a gallon before the year ends, the Energy Information Administration reports in its latest short-term energy outlook. You will need to check...
View ArticleShale helping U.S. get closer to energy independence
The U.S. is becoming less and less dependent on imported energy because of the shale revolution, CNN reports. But consumers will have to pay significantly more for oil than they are now for the U.S....
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