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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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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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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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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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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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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Philadelphia Group Attempts to Make City a “Energy Hub”

The Philadelphia Energy Action Team announced plans on Wednesday to double the volume of natural gas being used by Southeastern Pennsylvania, Northern Delaware, and Southern New Jersey. The group is seeking to rejuvenate the area’s economy by tapping into methane, butane, and other gases found in the Marcellus Shale. In a statement, the group acknowledges […]

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Forget OPEC — the next big energy story is the US election

Business Insider by: Elena Holodny All eyes have been glued on Saudi Arabia, Iran, and other major OPEC and non-OPEC producers amid lower oil. But there’s a big energy story that folks are missing. And it’s much closer to home. “There’s another big story out there as well, which is the US presidential election,” Eurasia Group CEO Robert Johnston told Business […]

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Natural Gas Futures Jump on Outlook for Colder November

Bloomberg By Christine Buurma Natural gas futures surged the most in five weeks in New York on forecasts for unusually cold weather that would stoke demand for the heating fuel and reduce stockpiles. Forecasts turned colder over the weekend, with below-normal temperatures blanketing the eastern half of the U.S. from Nov. 8 through Nov. 17, […]

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