With heavy ramifications for Midcontinent energy infrastructure and eventual exports, the United States will find itself with oversupplies of both domestically produced liquids and crude oil from now through 2017, market consultant/analyst Rusty Braziel of RBN Energy LLC told a session of the Colorado Oil and Gas Association (COGA) annual meeting in Denver earlier this month (Aug. 13-16).
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Obama’s State of the Union Supports Shale Gas Development
President Obama, in his annual State of the Union speech Tuesday night, for the first time issued a strong call for development of domestic natural gas and oil as part of “an all-out, all-of-the-above strategy that develops every available source of American energy.”
LNG Exports Expected to Have ‘Quite Minimal’ Domestic Price Impact
Exports of domestically sourced liquefied natural gas (LNG) from facilities proposed for the Freeport LNG Terminal on Quintana Island in Texas would be but drops from the U.S. shale natural gas bucket, according to a consultant’s report.
Analysis: LNG Exports Would Have ‘Quite Minimal’ Domestic Price Impact
Exports of domestically sourced liquefied natural gas (LNG) from facilities proposed for the Freeport LNG Terminal on Quintana Island in Texas would be but drops from the U.S. shale natural gas bucket, according to a consultant’s report.
EIA Report Confirms Rising Gas Consumption, Declining Production Trend
U.S. consumers used 3.67 Tcf more natural gas in 2004 than was produced domestically in that year, according to a new report issued by the Energy Information Administration (EIA) Monday.
Oil Service Contractors Predict More Ramp Ups Domestically
Drilling service contractors operating in the United States and Canada are beginning to see business in the Gulf of Mexico stabilize, and some are forecasting success beginning in the second quarter from several projects expected to ramp up offshore and in key U.S. basins.
Oil Service Contractors Predict More Ramp Ups Domestically
Drilling service contractors operating in the United States and Canada are beginning to see business in the Gulf of Mexico stabilize, and some are forecasting success beginning in the second quarter from several projects expected to ramp up offshore and in key U.S. basins.