Key vote paves way for Illinois fracking
After more than a year of hammering out compromises amongst lawmakers, the Joint Committee on Administrative Rules (JCAR) agreed on fracking rules, which will go into effect Nov. 15, according to The...
View ArticleDon’t expect drilling to slow down anytime soon
For the second week in a row, gasoline prices are below $3, according to the U.S. Energy Information Administration. Dropping another 5 cents from the previous week, prices are down by more than 25...
View ArticleEnergy outlook would be drastically different without fracking
The fracking boom of the last decade has not only increased production levels of American energy resources, but has also majorly impacted global energy prices. A report from the American Petroleum...
View ArticleDemand for energy, efficiency will rise in the future
A new report from ExxonMobil Corporation indicated global energy demand will be greatly impacted by expanding populations and growth in the middle class. As a result, higher levels of oil and gas...
View ArticleWhat’s up next for oil and gas companies heading into 2015?
Oil and gas looks poised to remain strong in the new year, despite uncertainty in the global marketplace and skepticism regarding the decisions of some of the industry's largest players. Much of the...
View ArticlePotential movement in the oil industry up ahead
As the global economy continues to adjust to rapidly declining oil prices, there may be significant changes to the energy industry in the coming weeks and months. The price of West Texas Intermediate...
View ArticleInsiders waiting for a rebound
Oil executives and industry insiders are patiently waiting for movement in the oil market in the coming months before continuing with further plans. With the price of oil per barrel dropping below $50...
View ArticleUpstream producers increasing efficiency through analytics
While downstream oil companies haven't felt the immediate burden of low oil prices, their upstream counterparts are having a harder time dealing with the lack of profitability. However, Deloitte noted...
View ArticleOil and gas trends possibly point toward formula for success
Global oil prices have largely bottomed out in recent weeks, no longer drastically free falling week to week, but still holding steady around the $50 per barrel mark. In fact, retail gasoline prices...
View ArticleCybersecurity concerns growing in the oil and gas industry
The use of real-time analytics and data-sharing has been a growing part of the energy sector for the past few years, with technology playing an even larger role in the day-to-day drilling activities of...
View ArticleFracking productivity boom continues, aids in national budget
Oil well production continues to increase due to advances in hydraulic fracturing, according to a report from Breitbart News Network. The publication noted the continuous improvement in production is...
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