China is now the world’s biggest oil importer, unseating the U.S. The country’s crude imports climbed to a record 8.08 million barrels a day in September, a year-on-year increase of Continue Reading
North Dakota’s oil output fell below the 1 million barrels-per-day (bpd) mark for first time in two years, the state said on Thursday, even as other U.S. operators add rigs Continue Reading
State’s production falls to lowest level since March 2014 Regulator says slowdown to continue through next year North Dakota oil production dropped below one million barrels a day in August Continue Reading
According to a proclamation made by the state governor, Thursday marks a day of prayer for the oil sector in the shale-rich state of Oklahoma. Oklahoma Gov. Mary Fallin revised Continue Reading
Forecast Highlights Winter Fuels Outlook EIA projects average U.S. household expenditures for natural gas, heating oil, electricity, and propane will increase this winter (October 1 through March 31) compared with Continue Reading
As Cheniere Energy shuts down its LNG terminal at Sabine Pass for a month of repairs, it seems like a good time to take stock of the global LNG situation. Continue Reading
An uptick in oil prices is unlikely to cut short a drilling rally, and DUCs can help maintain the momentum toward market balance. Questions have emerged on whether accelerated drilling Continue Reading
Output from hottest U.S. shale play may blindside gas traders Permian’s lower drilling cost driving drilling rig increase One of the biggest threats to an extended rally in U.S. natural Continue Reading
Natural Gas storage The EIA published its latest Short-Term Energy Outlook and it is not exactly the most bullish report the agency has ever put out. The EIA believes that Continue Reading
Despite OPEC’s best efforts, shale boomers are still alive and kicking—at least some of them. More precisely, those that came first, chose the best acreage, and had the farsightedness needed Continue Reading
