Laura Noro

Laura Noro

Pennsylvania Producing 20% of Nation’s Natural Gas

The  U.S. Energy Information Administration recently produced natural gas statistics showing that in 2016, the state of Pennsylvania produced 5.26 trillion cubic feet of natural gas which accounts for 20% of all the natural gas produced in the U.S.! In the below chart, you can see just when the jump started to increase and that is […]

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Trump’s ‘America First Energy Plan’

President Donald Trump issued his 7-paragraph ‘America First Energy Plan’ shortly after taking office with the goal of lowering the cost of energy and getting rid of regulations. According to the plan, it says disposing of environmental regulations like Obama’s Climate Action Plan would boost wages “by more than $30 billion over the next 7 years.” The […]

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Russia Cuts Oil Output, Per Agreement with OPEC

Russia cut its oil production in early January by around 100,000 barrels per day (bpd) from December, after a signed deal with Organization of the Petroleum Exporting Countries (OPEC). The production cut is a third of what Russia has pledged. In December, non-OPEC producers agreed to ax production by 600,000 with half of the contribution […]

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Trump Makes Cabinet Picks, Energy Looks Promising

President-elect Donald Trump has chosen his nominees for the departments of energy, state and head of the Environmental Protection Agency (EPA), but they must first be approved by the senate. Trump nominated former Texas Gov. Rick Perry for Secretary of Energy, ExxonMobil CEO Rex Tillerson as Secretary of State, and Oklahoma Attorney General E. Scott […]

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OPEC Cuts Production in First Agreement Since 2008

At the Organization of the Petroleum Exporting Countries (OPEC) Meeting on November 30 in Vienna, it was agreed upon that overall production would be cut by 1.2 million barrels a day, pushing oil prices up by almost 10%, above $50 a barrel. OPEC produces a third of global oil, or around 33.6 million barrels per […]

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Trump Outlines Plans for Energy Industry at 2016 Shale Conference

From September 21-22, 2016, SHALE INSIGHT 2016 provided participants a front-row seat for the most important discussions on shale development, featuring some of the most prominent industry and government leaders. Attendees networked with the most influential industry executives and innovative thought leaders through two days of technical and public affairs insight sessions, major keynote addresses, […]

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DEP to Reveal New Permit Requirements

The Pennsylvania Department of Environmental Protection (DEP) plans to reveal new general permit requirements for Marcellus Shale well pads at a meeting of its Air Quality Technical Advisory Committee on December 8th in order to reduce methane emissions from the oil and gas industry, despite expectations President-Elect Donald Trump may seek to roll back new […]

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Donald Trump’s Plans for Fracking Industry

Now that Americans have elected Donald Trump into office, we can expect American oil and gas production to surge. Going by his campaign promises, Americans will see more fracking, more pipelines, and no carbon tax. Trump has promised to repeal the Environmental Protection Agency regulations that would curtail carbon dioxide emissions from power plants — […]

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OPEC Still Planning on Freeze Despite Increase in Production

October proved to be a record month for the Organization of the Petroleum Exporting Countries (OPEC) for oil production, with 33.54 million barrels per day (b/d) being pumped per day. S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, surveyed OPEC and oil industry officials and […]

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Russia and Saudi Arabia to Stabilize Oil Market

Representatives from the Organization of the Petroleum Exporting Countries (OPEC) met with Russian Energy Minister Alexander Novak at the Gulf Cooperation Council (GCC) conference in Riyadh on Sunday to discuss a plan to stabilize the oil market. Russia is the world’s largest oil producer but not a member of OPEC and its budget has been […]

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