DeSmog guilty of same tactics it imputes to Frackfeed.com In the great debate over climate and energy, the American public is not well served if only one side gets to communicate its message, a truth the DeSmog blog should take to heart after its petty attack over a new pro-fracking site. Steve Everley is the man behind […]
DeSmog is full of de baloney over criticisms of FrackFeed.com Read More »
Texas economy resilient despite headwinds, says economist Vance Ginn Despite oil prices dropping by half in late 2014, the Texas economy keeps creating jobs, according to the latest U.S. Bureau of Labor Statistics report. Texas gained 33,200, the third-highest, though its unemployment rate also ticked up, to 4.3 per cent from 4.2 per cent. Unemployment rates rose
Texas economy creates 33,200 jobs Read More »
Williams says Energy Transfer Equity undervalues company The Williams Cos. rejected a $53 billion buyout offer from Energy Transfer Equity, but said that it may still put the natural-gas pipeline company up for sale. Its stock jumped more than 26 per cent in premarket trading. Williams said ETE’s bid significantly undervalues the business, but that it was
Williams rejects Energy Transfer Equity $53B bid Read More »
Declines in oil and gas fees/prices: Drilling 19.6%, service companies 1.4%, frac sand 12.5%. Producers net income fell 574% New information from the US Energy Information Administration suggests that energy producers, not service companies, are the big losers as oil prices dropped by half in late 2014. As oil prices declined—falling more than 50 per cent from
Brunt of energy downturn borne by producers, not service companies – EIA Read More »
Clayton Williams Energy expects to run two rigs, one in Eagle Ford, one in Delaware Basin Midland-based independent Clayton Williams Energy, Inc. says it has sold about 3,700 net acres in the Eagle Ford basin for $22.1 million and that it plans to resume drilling in the third quarter. According to a release, the acreage in
Clayton Williams will resume drilling in Q3, sells Eagle Ford land Read More »
Tribes miss out on revenue opportunities due to BIA sluggishness Native American reservations could produce much more of the country’s oil, gas, solar and wind energy, but the U.S. Bureau of Indian Affairs largely has hindered energy development on tribal lands, the investigative arm of Congress has found. The BIA often has the final say
BIA hindering development of tribal energy projects Read More »
Keystone XL pipeline in limbo as Obama dithers over permit With a decision looming on the Keystone XL pipeline, President Barack Obama is scheduled to appear at a fundraiser hosted by a prominent pipeline opponent. The president will speak Friday at a fundraiser in California hosted by the so-called green billionaire Tom Steyer, who has
Obama to appear at fundraiser hosted by Keystone XL opponent, as decision awaited Read More »
Before starting Terrafina Energy, Marsha Hendler worked in hospitality, owned a marketing consultancy Marsha Hendler never set out to own an oil company. Or become a well operator, for that matter. She was content in her career as an accomplished San Antonio marketing consultant, but then along came the Eagle Ford shale boom and she
Marsha Hendler and her quest to build biggest woman-owned oil company Read More »
Authors conclude frac sand mining has been a huge benefit to rural Wisconsin economy Hydraulic fracturing in shale formations requires large quantities of frac sand and mining it has become big business, especially in Wisconsin, according to a new study from The Heartland Institute. The study, titled “Economic Impacts of Industrial Silica Sand (Frac Sand) Mining,” is
Frac sand mining has huge impact on local economies – study Read More »
OPEC expects oversupply on world oil markets to ease in second half of 2015 OPEC continues to exceed its 30 million b/d ceiling, led by Saudi Arabia which is determined to not cede market share to American shale producers. Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.11 million barrels per day (b/d)
OPEC winning global oil war? Produces 1.1 million b/d over ceiling Read More »
