If the United States were to adopt the energy policies of the European Union (EU), it would impose a $676 billion drag on the U.S. residential sector and a $31 billion hit on the industrial sector annually, cost the average American household an additional $4,800 for energy every year, and eliminate the equivalent of nearly 8 million jobs, according to a report by the U.S. Chamber of Commerce’s Institute for 21st Century Energy.
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Articles from Report
RRC: Republican Candidate Leads in Cash, But Newspapers Like Libertarian
The Republican favorite to win the available seat on the Railroad Commission of Texas (RRC) has raised the most campaign cash (particularly from industry), but his Libertarian opponent has gotten the nod from some of the state’s leading newspapers.
October 13, 2016
Energy Sector Should Lead Job Growth Campaign for Underserved Communities, Minorities
As the United States transitions to a new era of domestic energy production, the oil and gas industry and other sectors could play a key role in helping underserved communities “secure economic self-reliance, parity, power and civil rights,” according to a report published Tuesday by the National Urban League’s (NUL) Washington Bureau.
October 12, 2016
Largest Build in Nearly 2 Months Expected; October Called 2 Cents Lower
October natural gas futures are expected to open 2 cents lower Thursday morning at $2.87 as traders balance a government report expected to show the largest inventory increase in nearly 2 months, with tropical storms expected to lessen Southeast demand. Overnight oil markets retreated.
September 1, 2016
PA Impact Fees Seen Declining in 2016 and Beyond on Lower Prices, Less Drilling
Unless shale drilling activity increases meaningfully or natural gas prices spike, Pennsylvania’s 2016 impact fee collections from producers could again decline, the state’s Independent Fiscal Office (IFO) said in a report.
July 20, 2016
Storage Data, Revisions In Play; July Seen A Penny Lower
July natural gas is set to open a penny lower Thursday morning at $2.67 as traders await not only a government inventory report but also the release of revisions by a California utility. Overnight oil markets rose.
June 23, 2016
Banks Feeling Effects of Lower For Longer Oil Prices
With low oil prices lasting longer than many expected, banks in the energy-rich 11th Federal Reserve District saw loan growth and profitability decline in 2015, according to a new report from the Federal Reserve Bank of Dallas (Fed).
June 17, 2016
Drop in Oil Prices Cripples OPEC’s Net Oil Export Revenues, EIA Finds
The collapse in crude oil prices has decimated net oil export revenues for the Organization of the Petroleum Exporting Countries (OPEC) over the last three years, and the decline is expected to continue into 2016, according to the U.S. Energy Information Administration (EIA).
June 15, 2016
June Set to End on Weak Note, Called 4 Cents Lower
The expiring June natural gas contract is expected to open 4 cents lower Thursday morning at $1.95 in spite of the fact that traders are digesting a storage report that is expected to show inventory increases far less than historical averages. Overnight oil markets rose.
May 26, 2016
Lean Storage Build In Play, But June Only Seen A Penny Higher
June natural gas is expected to open a penny higher Thursday morning at $2.01 as traders consider whether supply and demand show any signs of realigning, and focus on weekly government storage figures. Overnight oil markets were mixed.
May 19, 2016
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