Although a recent study’s finding that shale gas development in Pennsylvania has had significant impacts on outdoor recreation is correct, the study’s implication that these impacts are negative couldn’t be further from the truth. Like the logging, mining, and oil production that preceded it, natural gas development in the Marcellus Shale is a major source
Read More...A gas line explosion in a residential community in rural Kentucky killed on person and set several houses on fire early Thursday morning, according to Reuters. Flames from the blast rose about 300 feet in the air, Lexington television station WKYT reported. The woman killed in the explosion was found outside her home, according to
Read More...Robert Bradley, Jr.Founder and CEO of the Institute for Energy ResearchPrincipal, MasterResource: A Free-Market Energy Blog.. . .. Milton Friedman was a great gift to those valuing freedom, liberty and economic common sense. He was a superb thinker and his insights on energy invaluable. We celebrated, on July 31st, the 107th anniversary of the birth
Read More...While a recent USA Today editorial demonstrates the outlet’s desire to add some “flare” to its content, it also showcases a limited knowledge of the oil and natural gas industry’s flaring process. As Texas Railroad Commission Chairman Wayne Christian explained in a rebuttal to the piece: “’Flaring’ is an important part of America’s rise to
Read More...An investigation by the Washington Free Beacon has revealed that the District of Columbia purchased over 1 million gallons of gasoline for government vehicles in 2018, even as the District’s leaders endorse litigation against the energy producers providing that fuel. According to the Washington Free Beacon: “Invoices obtained by a Freedom of Information Act (FOIA)
Read More...The U.S. oil and natural gas industry is working together to reduce emissions, and these efforts by many of the nation’s leading energy companies are seeing significant results. In fact, companies voluntarily participating in the Environmental Partnership found methane leakage rates across their operations to be only 0.16 percent – 10 times lower than U.S.
Read More...When the City and County of Boulder, Colo. and San Miguel County sued energy companies back in 2018, they did so based on the fact that these companies were responsible for damages related to climate change that had to be picked up by the taxpayer. Just a week before the lawsuit was filed, a study
Read More...The buyer has been revealed in Range Resources’s $634 million sale of assets in the Appalachian Basin, according to Oil & Gas 360. Lime Rock Resources made the purchase last week. Lime Rock Resources, the E&P arm of private equity firm Lime Rock Partners, acquired a non-operated overriding royalty interest in 350,000 net surface acres
Read More...In a series of statements and news reports last week, state officials announced Brazilian petrochemical company Braskem dropped its plans to build a $4 billion ethane cracker in northern West Virginia, according to Kallanish Energy. Reports of a possible ethane cracker being constructed in northern West Virginia have circulated since 2013 when the company first
Read More...Arsenal Capital Partners is creating another platform business, striking a deal to buy Seal for Life Industries LLC (SFL) from Berry Global Group Inc. for $328 million. The company operates in a sector focused on maintaining infrastructure, such as water and oil pipelines and power generation. Based in Stadskanaal, the Netherlands, SFL makes plastic mesh
Read More...I am compelled to borrow a line from “The Big Lebowski” this week because my outlook for activity levels in the residential construction sector contains “a lotta ins, lotta outs, lotta what-have-yous.” I will start with the basics and then try to explain some of the nuances that could be significant for suppliers of plastic
Read More...HOUSTON—EPIC Midstream Holdings LP has begun filling a new 400,000 barrel per day oil pipeline that stretches from the Permian Basin to the U.S. Gulf Coast and will start exporting from its own South Texas terminal by the end of this year, President Brian Freed said in an interview on July 29. The San Antonio
Read More...For more than 40 years, Hart Energy has delivered market-leading insights and data to investors and energy industry professionals. As a supplier of specialized energy data and mapping, the Rextag division saw the need to create a new resource to address some longstanding industry pain points: Energy infrastructure assets are difficult to locate, identify and
Read More...This week’s print issue of Plastics News has the top 100 North American pipe, profile and tubing extruders ranking, but you can find the full 201 firms online. We tracked extrusion sales of $21.2 billion, up 2.7 percent from last year’s ranking. The sales breakout is: 51 percent pipe, 43 percent profile and 6 percent
Read More...While shale oil and gas production continues to captivate the global energy market’s attention, operators have their focus on optimized production. To improve stimulation and completion designs and deal with the growing concern of interwell communications, operators need data to gain insight into reservoirs. Evaluating stimulation performance in real time and quantitatively measuring the extent
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