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Both oil and natural gas production in the Lone Star state climbed during June from year-ago levels, and the top producing counties remained the familiar Permian Basin and Eagle Ford Shale region names, according to Railroad Commission of Texas (RRC) data.

For the Monday-Thursday week preceding the extended Labor Day holiday weekend natural gas prices nationally averaged a nickel gain to $3.54 with most regions adding anywhere from a nickel to 9 cents.

NGI’s National Spot Gas Average for September bidweek advanced a seemingly nominal 4 cents to $3.49 from the previous month, but even though the Midwest got the lion’s share of market focus during August as it endured a brutal heat wave, California for the most part scored the nation’s highest bidweek price, with the PG&E Citygate coming in at $3.88, up 12 cents.

NGI’s National Spot Gas Average for September bidweek advanced a seemingly nominal 4 cents to $3.49 from the previous month, but even though the Midwest got the lion’s share of market focus during August as it endured a brutal heat wave, California for the most part scored the nation’s highest bidweek price, with the PG&E Citygate coming in at $3.88, up 12 cents.

U.S. growth in natural gas for transportation, and the switch to natural gas from oil-based fuels by petrochemical companies, are two big reasons that domestic oil demand isn’t growing, according to Raymond James & Associates Inc.

The Energy Information Administration (EIA) reported last week that while end-of-refill-season working natural gas storage levels are expected to be ample, inventories could enter November at the lowest level in three years.

The Energy Information Administration (EIA) reported last week that while end-of-refill-season working natural gas storage levels are expected to be ample, inventories could enter November at the lowest level in three years.

While rail transport of crude oil is getting a lot of attention these days, railroads are playing a bigger part in the larger U.S. domestic energy expansion, as BNSF Railway Co.’s $4.3 billion capital budget for 2013 indicates.

Big Oil’s attempt to take over the North American onshore from U.S. independents so far hasn’t paid off as some would have imagined just a few years ago, with the majors still struggling to capture the kind of profits and production results they may have been anticipating.