The Biden administration is planning to invest $660 million to clean up orphaned natural gas and oil wells, with most of the funds earmarked for the energy producing states of Ohio, Pennsylvania and Texas. The goal is for the states to receive “economic growth and revitalization,” Department of Interior (DOI) officials said. The program would…
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Articles from lower-48
EIA Says U.S. Energy Output Sinks to Disaster-Level Lows in April
U.S. energy supplies took a hit in April that typically occurs only in times of natural disasters, with natural gas production dropping to levels not seen since Hurricane Issac ravaged the Gulf Coast in 2012, according to the Energy Information Administration (EIA). Lower 48 natural gas production fell by 2.6 Bcf/d in April, marking the…
July 14, 2020
Sasol’s Lower 48-Fueled Lake Charles Chemicals Project Nearing Completion
Fueled by abundant and low-priced Lower 48 natural gas and oil, Sasol Ltd. is in sight of completing a massive ethane cracker complex in Lake Charles, LA, by the end of the year. After facing budget overruns and a delay of the world-scale Lake Charles Chemicals Project (LCCP), the complex would triple the South African…
June 26, 2020
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