Global power provider reveals oil, gas industry strategy change

Bakken Magazine By Luke Geiver David Dickert has experienced the impact of fluctuating oil prices during his time heading the oil and gas division for global temporary power provider Aggreko. Since entering the North American shale energy industry in plays ranging in location from the Bakken to Brazil, Dickert and his team believe they’ve found […]

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U.S. Industrial Natural Gas Usage Falls Unexpectedly

Power Source By Scott DiSavino U.S. manufacturers have not soaked up as much excess shale gas in the first half of 2015 as expected, but the shortfall may be an anomaly as a Gulf Coast manufacturing boom is poised to insulate the sector from seasonal demand fluctuations. Average industrial demand for gas in 2015 was […]

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Lowest Gas Prices in a Decade Projected for This Summer

Power Source By Daniel Moore Motorists filling up their tanks in the Pittsburgh area are paying on average 95 cents a gallon less than what they did one year ago. In fact, gas prices around Memorial Day have been much higher than Tuesday’s average of $2.90 a gallon for several years: $3.66 in 2013, $3.69 in 2012, […]

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Petroleum Association Supports Lifting U.S. Crude Export Ban

Akron Beacon Journal By BOB DOWNING From the Independent Petroleum Association of America today: WASHINGTON, D.C.– The Independent Petroleum Association of America (IPAA) and a coalition of energy trade associations sent a letter to Senate Energy and Natural Resources Committee Chairman Lisa Murkowski (R-Alaska) and Senator Heidi Heitkamp (D-N.D.) in support of their bipartisan legislation […]

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Chief Oil & Gas is Committed to Local Communities

Natural Gas Now by Johnny Williams Freelance Journalist Having lived in northeastern Pennsylvania for the majority of my life, one thing I’ve learned over the years is that community is important here. Neighbors are more than willing to help each other and even help total strangers in need. Whether it’s assisting on a farm or […]

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Why Shale Producers Still ‘Pump and Pray’

Bloomberg View By Leonid Bershidsky As the price of oil continues to fall, the U.S. shale oil industry is showing remarkable resilience. Output is at a 30-year high and stockpiles are the largest since tracking started in 2004. Speculators who push down the price of crude see this as evidence of a glut, but it […]

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Gas drillers may pay to help revive solar industry

The Stanley News and Press By John Finnerty HARRISBURG — Gov. Tom Wolf’s plan to tax gas drillers will pump millions of dollars into schools, but it could also help subsidize alternative energy sources like wind and solar. Wolf proposes borrowing $675 million for economic development projects, which will be paid down by $55 million from […]

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Non-U.S. Shales Prove Difficult to Crack

Wall Street Journal By JUSTIN SCHECK and SELINA WILLIAMS After spending more than five years and billions of dollars trying to re-create the U.S. shale boom overseas, some of the world’s biggest oil companies are starting to give up amid a world-wide collapse in crude prices. Chevron Corp., Exxon Mobil Corp. and Royal Dutch Shell […]

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