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The effects of cheap U.S. ethane were writ large in the third quarter results of Westlake Chemical Corp., which has a number of projects under way to take greater advantage of the low-cost feedstock.

The effects of cheap U.S. ethane were writ large in the third quarter results of Westlake Chemical Corp., which has a number of projects under way to take greater advantage of the low-cost feedstock.

By 2021, the Eagle Ford Shale could produce nearly $62.1 billion in output, support about 82,600 full-time jobs, add nearly $34 billion in gross regional product and about $888 million to local government revenues and $1.6 billion to state revenues, according to a new studies of 14 South Texas counties comprising the Eagle Ford area.

Even as a number of Dodd-Frank Wall Street Reform Act regulatory rules remain in limbo, IntercontinentalExchange (ICE) said early last week that it has completed the transition on its exchange of cleared over-the-counter (OTC) energy swaps to futures.

Even as a number of Dodd-Frank regulatory rules remain in limbo, IntercontinentalExchange (ICE) said Tuesday it has completed the transition on its exchange of cleared over-the-counter (OTC) energy swaps to futures.

Riverton, WY-based U.S. Energy Corp. (USEC) said Monday it has acquired producing assets in the Bakken and Three Forks shale plays in North Dakota for $2.5 million, giving the small exploration and production (E&P) company minority interests in up to 23 drilling units with an estimated 307,000 boe in proved oil reserves.

While the excitement mounts regarding the fate of a number of proposed U.S. liquefied natural gas (LNG) export projects, the CFOs of three companies with projects on the line said last week a good market exists among free trade agreement (FTA) nations, some in North America’s backyard.

While the excitement mounts regarding the fate of a number of proposed U.S. liquefied natural gas (LNG) export projects, the CFOs of three companies with projects on the line said Wednesday that a good market exists among free trade agreement (FTA) nations, some right in North America’s backyard.

The Pennsylvania Public Utility Commission (PUC) has received requests from citizens, oil and gas companies and local officials to review the drilling ordinances of three of the five localities in southwestern Pennsylvania that have filed a legal challenge to Act 13, the state’s omnibus Marcellus Shale law.