The decline in unconventional oil and natural gas drilling in shale fields across the country has cut into the benefits for the nation’s leading railroads, with everything from crude-by-rail to oilfield supply shipments curtailed through the first quarter of this year.
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NC Regulators Warn Enviros Using Lawsuit to Try to Halt Shale Development
Regulators in North Carolina warned that environmental groups opposed to shale development have tacked their hopes to an unusual lawsuit the governor filed against several key lawmakers in the General Assembly. Meanwhile, a judge has issued a temporary injunction against the state Mining and Energy Commission (MEC) from accepting or processing any applications to drill for oil and natural gas until the North Carolina Supreme Court settles the suit.
Bird Deaths From NatGas Flares, Oil Pits to Be Addressed in FWS Proposal
The U.S. Fish and Wildlife Service (FWS) intends to strengthen the Migratory Bird Treaty Act to address threats from natural gas flares, uncovered oil waste pits and unprotected power lines and communication towers, the agency said Friday.
Permian Decline Bottoming; Returning Rigs to Be New Soldiers, Analysts Say
Activity declines in the Permian Basin are likely bottoming out, and pricing for hydraulic fracturing services could see some recovery there, analysts at Wells Fargo Securities LLC said in a note with thoughts from the recent DUG Permian Conference.
Ohio City Won’t Appeal Ruling Striking Down Oil/Gas Drilling Ban
More than two months after a Cuyahoga County Court of Common Pleas judge struck down a Cleveland suburb’s charter amendment that sought to ban oil and natural gas drilling, the city’s law director said it won’t be appealing the decision.
Weak Natural Gas, Oil Prices Expected to Continue to Erode Canadian Job Market
The Canadian economic casualty count from low oil and natural gas prices is on the rise, with continued deterioration expected, industry experts are reporting, even as government data paints a rosier picture.
U.S. Onshore Oilfield Services Rebalancing as Spending, Activity Decline
The U.S. oilfield services (OFS) sector is going to recover at some point over the next few quarters, and even though its footprint may be smaller, fewer, high-tech rigs should be able to recover more reserves than at any time in the past.
Energy, Water Appropriations Bill Headed to Senate Floor Without Clean Water Rider
The Senate Appropriations Committee passed a $35.4 billion spending bill for water and energy on Thursday, after Sen. John Hoeven (R-ND) introduced — but then withdrew, at the urging of his colleagues — a controversial amendment that would have blocked the Obama administration from modifying the Clean Water Act (CWA). The bill now heads to the Senate floor.
Ohio City Won’t Appeal Ruling Striking Down Oil/Gas Drilling Ban
More than two months after a Cuyahoga County Court of Common Pleas judge struck down a Cleveland suburb's charter amendment…
Weak Natural Gas, Oil Prices Expected to Continue to Erode Canadian Job Market
The Canadian economic casualty count from low oil and natural gas prices is on the rise, with continued deterioration expected, industry experts are reporting, even as government data paints a rosier picture.