American Oil and Gas Dominate the Global Energy Picture!

Tom ShepstoneNatural Gas NOW … …  American oil and gas completely dominated the global energy market in 2018. We’re the king of the hill in oil and in gas with tremendous growth in 2018. Another great article from the  Energy Information Administration (EIA) provides ever more proof green energy scammers have been lying to us.

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U.S. Breaks Records to Become Global Leader in Oil and Natural Gas Production

The U.S. energy revolution that’s taken place since 2000 catapulted the country to become the global leader in petroleum, including oil, and natural gas production in 2018, according to a recent report from the Energy Information Administration: “Last year’s increase in the United States was one of the largest absolute petroleum and natural gas production

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Annual US refinery runs projected to fall for 1st time in decade

U.S. gross inputs to refineries, aka, refinery runs, have increased each year since 2009, most recently reaching a record high of 17.3 million barrels per day (Mmbpd) in 2018, Kallanish Energy reports. However, based on its monthly refinery run data through May and forecast for the remainder of 2019, the U.S. Energy Information Administration expects

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New Natural Gas Record for Power Generation Set

Tom ShepstoneNatural Gas NOW … …  A new natural gas record was recently set for use of this energy source in producing electric power that sustains our way of living in this nation, says EIA. The Energy Information Administration (EIA) put out a fascinating article last week that should make the hair go up on

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Oil plummets on fears of global slowdown

Crude oil prices fell more than 4.3% Wednesday, to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and fears demand will shrink due to Washington’s growing trade war with Beijing. Brent crude futures dropped 4.4%, to $56.35 a barrel, a seven-month low. Prices have lost more than 20%

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Power from natgas to rise in 2019, slip in 2020: Steo

The share of U.S. total utility-scale electricity generation from natural gas-fired power plants will rise from 35% in 2018, to 38% in 2019, and then decline slightly in 2020, according to the latest Steo, Short-Term Energy Outlook, produced by the Energy Information Administration. EIA/Steo forecasts the share of U.S. generation from coal will average 24%

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US dry gas production to set another record: Steo

U.S. dry natural gas production will average 91.3 billion cubic feet per day (Bcf/d) in 2019, up 8.0 Bcf/d from the previous record set in 2018, the Energy Information Administration projects in the just-released July Short-Term Energy Outlook (Steo), Kallanish Energy reports. EIA/Steo expects annual average U.S. natural gas production will rise by 1.4 Bcf/d

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Energy Independence: The Fruit of the Shale Revolution

Tom ShepstoneShepstone Management Company, Inc. … … Energy independence is the result of a shale revolution that is now allowing the United States to produce 90% of its natural gas domestically and export too! Energy independence doesn’t get much clearer than this; 90% of our natural gas is now produced right here in the United

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Working gas injected falls under 100 Bcf 2nd straight week

The volume of working natural gas injected in the most recent weekly report by the Energy Information Administration was under 100 billion cubic feet for the second straight week, Kallanish Energy reports. For the week ended June 28, 89 Bcf of working gas was injected underground, bringing total working gas stored to 2.39 trillion cubic

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Working gas in storage jumps by triple digits

The volume of working natural gas injected into underground storage during the week ended May 31, was the second-highest amount in 2019, and the fifth time this year the volume was measured in triple digits, Kallanish Energy reports. The Energy Information Administration reported 119 billion cubic feet of working gas was added to storage during the

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Working gas added to storage tops 100 Bcf for 3rd straight week

The volume of working gas injected into underground storage in the most recent Energy Information Administration survey topped 100 billion cubic feet for the third consecutive week. At May 24, 1.87 trillion cubic feet (Tcf) of working gas was stored, up 114 Bcf from the week-earlier total of 1.75 Tcf, Kallanish Energy calculates. The latest

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Venezuela’s crude production lowest in 16 years

In April 2019, Venezuela’s crude oil production averaged 830,000 barrels per day, down from 1.2 million barrels per day (Mmbpd) at the beginning of the year, according to the Energy Information Administration. Last month’s average is the lowest level since January 2003, when a nationwide strike and civil unrest largely brought the operations of Venezuela’s

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Working gas stored increases, EIA reports

The volume of working natural gas injected into storage in the Lower 48 U.S. states the week of May 3, slowed from the previous week’s triple-digit increase, but marked the sixth straight week of volume increases, the Energy Information Administration reported. During the latest survey week, 85 billion cubic feet (Bcf) of working gas was

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Natural Gas NOW Picks of the Week – May 11, 2019

Tom ShepstoneShepstone Management Company, Inc. … … Our readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Lansing Town Board Deals with Looney Lansing Moratorium Our buddy Jim Willis picked up on this crazy story about the

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U.S. Natural Gas Exports Climbing Higher and Higher!

Tom ShepstoneShepstone Management Company, Inc. . … Exports contribute to the our economy in numerous ways and natural gas exports just keep rising, bringing aconomic development to both rural and urban areas. Natural gas exports are growing and rapidly. Our natural gas is finding its way to Canada, Mexico and around the world with benefits

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