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Month: September 2018

Category:
  • Economy
  • USA

Financial Experts Predict Crash Under Trump Greater than Depression

Financial experts noted several ominous economic indicators, including skyrocketing student loans and U.S. household debts, that could predict a crash “worse than the Great Depression,” according to a report in Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • Shale Oil

W&T Offshore to Divest Select Permian Interests

W&T Offshore shares an update on its JV drilling program and plans to sell Permian interests for $56.8 million. W&T Offshore Inc. plans to sell overriding royalty interests in the Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Frac Sand Market Faces Supply Chain Disruption

The US frac sand market could approach $6 billion by 2023. SOURCE: Black Mountain Sand A key ingredient for drilling and completion operations in shale formations, proppant – often frac Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • Offshore
  • p-
  • USA

US to offer all available Gulf of Mexico waters for oil, gas leasing in March

The Trump administration this March will again offer 78 million acres in the Gulf of Mexico for oil and gas leasing, the Interior Department announced Tuesday. Receive daily email alerts, Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • Nuclear
  • Prices

Owners of Last U.S. Nuclear Plant Face Few Good Options as Deadline Nears

If the partners fail to reach a deal to save the Vogtle expansion, there will be no new nuclear plants under construction in the U.S., a situation that worries some Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • Prices

Rising crude prices haven’t brought pain to the pump, yet

So far, rising international crude oil prices haven’t trickled down to U.S. gas pumps. AAA reported cheaper or stable gas prices have been reported in 32 states on Monday. The Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • Transportation

U.S. gasoline consumption stalls as higher prices take toll: Kemp

The volume of traffic on U.S. highways has stopped growing, and with it gasoline consumption, as rising prices curb driving behavior. Traffic volumes in July were 0.3 percent lower than Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Dominion does not expect U.S. court order to hold up Atlantic Coast pipe

Dominion Energy Inc said on Tuesday it does not expect a court decision to stay a federal permit for part of its Atlantic Coast natural gas pipeline to delay construction Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • Pipelines
  • Russia

Can Nord Stream 2 Be Stopped?

Pipelines, for a long time, were the most important method of transportation for natural gas. This fixed form of infrastructure has the advantage of lower transportation costs in the long-term. Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • Russia
  • USA

Schlumberger To Buy Russia’s Leading Drilling Company

The past four years have been a 21st century low point for Western foreign investment in Russia, with sanctions, unlawful trade practices and ceaseless wars in the Greater Middle East Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple

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