Natural Gas Is No Transition Fuel: It’s A Catalyst Fuel!

Natural Gas Is No Transition Fuel: It’s A Catalyst Fuel! Tom Shepstone Shepstone Management Company, Inc. …. ….  It’s a catalyst fuel, not a transitional or bridge fuel, says Nick Deiuliis, referring to natural gas as he challenges a premises of the industry’s enemies. Nick Deiuliis has done some amazing things at CNX Resources, but

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DRBC to Finally Decide on Fracking Ban?

Nearly three and a half years: That’s how long the Delaware River Basin Commission has been sitting on regulations it opened for public comment that could decide the fate of oil and natural gas development within the region. It appears this week the commission will finally (maybe) answer the question: Can shale development occur in

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EIA: U.S. Oil and Gas Will Remain Critical Through the Next Thirty Years

The EIA’s latest Annual Energy Outlook (AEO) forecasts a long and steady future for the U.S. oil and natural gas industry and a positive picture for U.S. energy exports through 2050. While the report acknowledges that varying policies and regulations will shape this long-term forecast, it also suggests that pre-pandemic energy demand levels will return

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Report: Estimated $87 Billion Investment in Ohio’s Shale To Date

Prolific natural gas and oil development continues to drive investments in the Buckeye State. The total investment in shale-related activities in Ohio reached $86.4 billion as of Q4 2019, an increase of $9 billion since 2018, according to Cleveland State University’s latest shale investment report. This is the eighth annual report CSU has conducted for

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Reviewers, Findings Undercut New Oil & Natural Gas Radon Study’s Claims

Radon is the second leading cause of lung cancer in the United States and is found in high concentrations in homes, schools and businesses across the country. Despite its long prevalence in regions such as Appalachia, researchers continue to attempt to link the gas, and its known health impacts, to more recent unconventional oil and

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US shale production set to fall to two-year low

The Energy Information Administration’s latest Drilling Productivity Report indicates U.S. shale production is set to fall to a two-year low in the coming weeks, according to Yahoo Finance. EIA estimates show oil production from the country’s leading shale basins is set to fall by 197,000 barrels per day in June compared to a month earlier.

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Natural Gas Exports Set to Soar Thanks to Appalachian Shale

Tom ShepstoneShepstone Management Company, Inc. . … Appalachian shale production has been nothing short of phenomenal and has set the stage for natural gas exports to soar via both LNG ships and pipelines. Yesterday, chatting with a pro-gas friend, we both remarked on the fact the solution to low prices is low prices, just as

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Oil gains on trade deal hopes, better demand outlook

Crude oil prices rose more than 1% Tuesday on hopes for a U.S.-China trade agreement and optimism Washington could roll back some of the tariffs it has imposed on Chinese imports, Kallanish Energy learns. Brent crude futures gained 84 cents, or 1.4%, to settle at $62.94 a barrel, while West Texas Intermediate crude futures gained

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US Shale Industry Credited with Driving 10% of US GDP Growth

The shale industry alone drove 10 percent of the growth in the U.S. economy’s gross domestic product from 2010 to 2015, according to a new study by the Federal Reserve Bank of Dallas showing how oil and natural gas deliver wins for the larger economy. During the same years, crude oil production jumped from 5.5

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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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Rystad: The World is Dependent On American Energy

Thanks to the shale revolution, the United States will account for almost a quarter of global oil and natural gas production by the early 2030s, according to the head of Rystad Energy. This rising global footprint comes from continued innovation by American energy companies, which allows them to optimize operations and extract oil and natural

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Shale wells dominate oil and gas production in US

Unconventional wells, drilled deep into shale formations across the United States, continue to account for an increasing share of crude oil and natural gas production in the United States, according to the Energy Information Administration. From 2004 to 2018, production from horizontal wells jumped from 15% to 96% of U.S. crude oil production in tight

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