API President and CEO Jack Gerard delivered his annual State of American Energy address on January 7th, focusing on the impact of future policy decisions on America's energy revolution.
The polar vortex gripping the nation has brought a crazy week for natural gas. On Monday the demand for gas nationwide hit a record 125 billion cubic feet as homeowners and power generators sought to burn as much of it as they could get to keep the cold at bay.
Regardless over how the New York Court of Appeals rules in a pair of cases on localities' power to enact bans on oil and gas activities, the state legislature will insert itself into the debate at some point in the future, a former state official said Wednesday.
Farmers today shot down a proposal to oppose hydrofracking, the deeply divisive natural gas drilling process that has split New Yorkers from tables to farms.
One of the biggest economic stories relating to U.S. shale development is the rebirth of domestic manufacturing. Abundant and affordable supplies of natural gas and its associated liquids, which manufacturers use as a feedstock for the products they create, have made the United States one of the lowest cost countries in which companies can invest.
The U.S. will surpass Russia and Saudi Arabia as the world's top oil producer by 2015, and be close to energy self-sufficiency in the next two decades, amid booming output from shale formations, the IEA said.
New York State Petroleum Council Says Move Forward With Natural Gas Development As Casino Passage Signals Need For Economic Growth
Karen Moreau, Executive Director of the New York State Petroleum Council, issued the following statement today in response to the passage of the casino gaming referendum by New York voters.
Of all the weird stuff that must have happened in New York City on Halloween, perhaps the strangest thing occurred in the energy markets. On Oct. 31, natural gas prices in Manhattan were nearly $.40 cheaper than in Louisiana. That hasn't happened in eight years.
Almost lost in all the news about the federal government "shutdown" over the last week are several new reports regarding the ongoing massive oil and natural gas Shale Revolution in the United States, and the role Texas is playing in making it happen.
Former Secretary of State Hillary Clinton's 80-minute lecture and discussion at upstate Hamilton College on Friday touched on dozens of issues - the government shutdown, the global economy, what it takes to be a president and the creation of merlot ice cream, to name a few.