News

03.15.18

Senators want US to use all options to oppose Nord Stream 2 pipeline

Thirty-nine US senators urged the Trump administration to use all tools at its disposal - including a provision in the 2017 Countering America's Adversaries Through Sanctions Act (CAATSA) - to prevent construction of the Nord Stream 2 natural gas pipeline.

 

03.14.18

Court rejects NYSDEC's appeal of FERC's Valley Lateral ruling

A US federal appeals court denied the New York Department of Environmental Conservation's (NYSDEC) appeal.

 

03.13.18

API NY: Valley Lateral pipeline project critical to New York's consumers, workers

API New York welcomed the federal district court decision to reject attempts by New York state regulators to block the Valley Lateral Project - a natural gas pipeline project in Orange County that will bring affordable and reliable energy to the area.

 

03.09.18

New studies project that offshore energy development will significantly increase U.S. jobs, domestic spending, investments and state revenues

Atlantic OCS - $260 billion. Pacific OCS - $160 billion. Eastern Gulf OCS - $118 billion. Alaska OCS - $53.4 billion.

 

03.09.18

Oil industry: Trump's offshore drilling plan could add $590B to economy

"Ultimately, the studies confirmed... opening the currently restricted areas would increase economic benefits, not only specifically for the coastal regions near the offshore development, but also nationally as well..."

 

03.07.18

Zinke says Interior should be a partner with oil companies

"Interior should not be in the business of being an adversary. We should be in the business of being a partner,"

 

03.07.18

Shale Revolution Makes U.S. An 'Ally' Of Nations Seeking Energy Security, Says Rick Perry

The shale revolution has altered geopolitical paradigms making the U.S. an ally of "all nations seeking energy security", according to Secretary of Energy Rick Perry.

 

03.05.18

Our next energy and security crisis?

Oil and natural gas aren't just fuels. They supply building blocks for pharmaceuticals; plastics in vehicle bodies... and complex composites in solar panels and wind turbine blades and nacelles. The USA was importing 65% of its petroleum in 2005, creating serious national security concerns. But fracking helped cut imports to 40% and the US now exports oil and gas.

 

03.05.18

US oil expected to meet most of world's growth in demand

A global energy group says booming production in the United States will meet most of the world's growth in demand for oil in the next few years.

 

03.05.18

U.S. Will Be the World's Largest Oil Producer by 2023, Says IEA

The No. 1 overall message, non-OPEC supply growth is very, very strong, which could change the parameters for the oil markets in the years to come, led by the United States...