Economy

Tougher Fuel Rules to Hurt NatGas Vehicle Use, EIA Report Says

Tougher Fuel Rules to Hurt NatGas Vehicle Use, EIA Report Says

A second phase of fuel-saving requirements for medium- and heavy-duty vehicles (MHDV) will reduce diesel fuel use and will also discourage switching to natural gas and other alternative transportation fuels, according to a report released by the Energy Information Agency (EIA).

June 28, 2016

Oil/Gas Rout Makes Its Mark on Texas Economy

Texas oil and natural gas industry employment fell 19.4% last year amid a nearly 66% decline in the price of oil and a 75% reduction in the number of active drilling rigs, according to economists at the Federal Reserve Bank of Dallas. Within the state, though, regions vary in their economic performance.

April 4, 2016

Can’t Pay For ‘Texas Miracle’ With Cheap Oil, Gas

Summer’s sweltering temperatures are on their way to the Lone Star State, but the “Texas Miracle” — until recently driven mainly by the state’s oil/natural gas industry — is on ice, the Austin-based Texas Taxpayers and Research Association (TTARA) said in a new report.

March 30, 2016

Economic Largess From Atlantic Offshore Drilling Disputed in Enviro-Backed Report

The Obama administration’s proposal to allow limited offshore natural gas and oil drilling in the Mid- and South Atlantic area, now under fire by some coastal communities and legislators, is facing more scrutiny after a study challenged industry claims that drilling would be a boon to the region.

December 18, 2015

Cheap NatGas Keeps LDC Customers Online, AGA Says

Low natural gas prices have kept more of the nation’s gas utility customers connected this year, according to a report Friday from the American Gas Association (AGA), the trade association of gas distribution companies.

September 30, 2013

Oil/Gas Driving Colorado Economy, Researchers Find

Last year, Colorado’s oil and natural gas industry injected $29.6 billion into the state’s economy, supporting 110,000 mostly high-paying jobs, according to a study released Monday by a research unit at the Leeds Business School, University of Colorado (UC), Boulder.

August 21, 2013

Oil/Gas Driving Colorado Economy, Researchers Find

Last year, Colorado’s oil and natural gas industry injected $29.6 billion into the state’s economy, supporting 110,000 mostly high-paying jobs, according to a study released Monday by a research unit at the Leeds Business School, University of Colorado (UC), Boulder.

August 21, 2013

U.S. Doing Global Gas Heavy Lifting

Natural gas last year expanded its share of the global energy mix even though demand growth was hindered by a weak economy in Europe, according to the International Energy Agency (IEA), which said the United States was a standout among gas-producing countries.

June 24, 2013

IEA Says U.S. Was A NatGas Power-Lifter Last Year

Natural gas last year expanded its share of the global energy mix even though demand growth was hindered by a weak economy in Europe, according to the International Energy Agency (IEA), which said the United States was a standout among gas-producing countries.

June 21, 2013

Japan Won’t Knock Forever on Alaska’s LNG Door

Natural gas-hungry Japan is knocking on Alaska’s door, but the world’s third-largest economy won’t wait forever for liquefied North Slope gas — or pay dearly for it. The message to state lawmakers and the energy industry: hurry up with cost-competitive supply — or you’ll add even more years to the decades-long effort to commercialize those long-stymied gas reserves.

June 3, 2013