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Proposed 550-Mile Pipeline to Take Marcellus, Utica Gas to the Southeast

Power Source By Stephanie Ritenbaugh / Pittsburgh Post-Gazette Richmond, Va.-based energy company Dominion has submitted a request asking the Federal Energy Regulatory Commission to begin its environmental review of a proposed $4.5 billion to $5 billion, 550-mile natural gas pipeline. The Atlantic Coast Pipeline would bring 1.5 billion cubic feet of natural gas from the […]

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Chevron-Gasoline-Pump

Chevron’s Profits Climb 13 Percent Thanks to Refining Boost

Fuel Fix by Rhiannon Meyers Chevron shrugged off a crude price plummet in the third quarter, posting a 13 percent increase in profits as its U.S. refineries took advantage of cheaper feedstock and better reliability. The second-largest U.S. oil company pumped less and sold its oil for a much lower price as oil prices plunged […]

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ConocoPhillips

ConocoPhillips’s Profit Up on Higher Production

Market Watch By Chelsey Dulaney ConocoPhillips said its third-quarter earnings grew 9% on increased oil and gas production, despite a drop in selling prices. The exploration and production company has been selling noncore assets to focus on those with higher returns, such as U.S. shale formations, which have been fueling a drilling boom. Like many […]

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The Oil Price Swoon Won’t Stop The Shale Boom

STILL PROFITABLE AT LOWER PRICES, FRACKING IS RIPE FOR TECHNOLOGY GAINS THAT WOULD HELP IT WEATHER FURTHER DECLINES. The Wall Street Journal By Mark P. Mills With oil prices sliding, energy investors are worried, while Saudi Arabia and Russia no doubt hope, that low prices will cap America’s boom in shale-oil production. Green-energy types sit […]

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