Ryan Yorgen

Ryan Yorgen

Founder & Director of Media
Ultra Sharp Media Group, LLC

Iran Invites Bidders for Oil and Gas Fields

The Organization of Petroleum Exporting Countries (OPEC’s) third largest oil producer, Iran, plans to revive its energy sector, following the lifting of international sanctions, by offering oil and gas fields to international bidders. Iran has been trying to restore its oil industry since emerging from international sanctions over its nuclear program earlier this year. The […]

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Saudi Arabia’s Hostage

Almost two years ago, the increased oil production by Organization of the Petroleum Exporting Countries (OPEC), led by Saudi Arabia, drove down oil prices to nearly $50/bbl, the price at which many shale producers could not break-even, initiating an economic oil war against the United States. But their plan has backfired, since OPEC has failed […]

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Week in Review: April 18th

These are the biggest articles circulating the natural gas industry for the week of April 18, 2016. Kane Lawsuit Delays Natural Gas Royalties Settlement Payment – TribLIVE By David Conti Kathleen Kane, the Pennsylvania Attorney General, has embarked on far-reaching legal battle over natural gas royalties. The lawsuit delayed the payment of nearly $11 million […]

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Week of Review: April 11th

Here are the biggest articles circulating the shale and natural gas industry for the week of April 11th, 2016. Why Crude Oil Prices Keep Taking us by Surprise – VOX By Brad Plumer Though most people understand how global economics and oil prices are interlaced, analysts are largely surprised by the swing of oil prices. […]

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Natural Gas is Killing Coal

Natural gas is anticipated to exceed coal as America’s power source in 2016, according to Energy Information System. For years, coal has been the primary source of energy in the United States. It’s powered light bulbs, hospitals, and computers. But coal’s grip on the industry is weakening. 2016 is predicted to be the first year […]

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Natural-Gas Electric Plant to be Built in Ohio

Construction of a natural-gas powered electric plant is set to begin soon in Lordstown, Ohio. The plant is expected to power 750,000 to 800,000 homes in Ohio and Pennsylvania. Construction could begin as soon as Thursday, according to Clean Energy Construction. The Massachusetts-based company said Lordstown was an ideal location because it is nearly halfway […]

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TransCanada Pipeline Resumes Production After Leak

A TransCanada Corp. pipeline resumed operations after a week long shutdown, according to the company. The pipeline was temporarily closed when a leak was discovered in South Dakota. The leak is said to have spilled nearly 400 barrels of oil. The company plans to use aerial patrols and visual inspections to check the pipeline’s progress. […]

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Week in Review: April 4th

U.S. Judge Approves BP Settlement for 2010 Gulf of Mexico Oil Spill – CNBC By Reuters BP received final approval from a U.S. Judge to pay $18.7 billion in fines to the U.S. government and five states affected by the 2010 oil spill. The agreement requires BP to pay at least $12.8 billion to the […]

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Justice Department Set to Block Oil Merger

The U.S. Justice Department is preparing to the stop the merger of Halliburton Co. and Baker Hughes Inc., according to the Wall Street Journal. The nearly $35 billion deal was struck to merge to the world’s second and third largest oil commodities. The impeding lawsuit would be the largest opposition the deal has faced since […]

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U.S. Continues To Be Leading Importer of Oil

Congress voted to lift the 40-year ban on U.S. oil exports in December 2015, while attempting to propel America into a leading oil exporter. Yet, nearly four months later, oil imports reached a three year high according to Bloomberg Business Week. As of March 25, the U.S. imported 7.9 million barrels of oil a day. […]

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