May
23
Oil production in Texas’s Eagle Ford shale formation reached an all-time high in February as it climbed 74 percent compared with a year earlier. The nine geographic fields that make up the majority of Eagle Ford yielded 471,258 barrels of crude a day in February, according to preliminary data released by the Texas Railroad Commission, which oversees… Continue reading »
May
22
As the U.S. produces more of its own energy, pressure is mounting on the federal government to move quickly to export its natural gas bounty-a move that has encountered stiff resistance from some energy market players. Natural gas, an abundant fuel source that is cheaper and cleaner than standard gasoline, is increasingly seen as a… Continue reading »
May
21
We have something exciting to share: “Texans Are Going Places” – our newest TV ad spotlighting natural gas vehicles (NGVs) – has made its debut! Natural gas benefits Texans in many ways, and the growing number of NGVs on our roads is evidence that Texans are embracing this abundant homegrown natural resource. The positive trend… Continue reading »
May
20
US natural gas prices have begun to strengthen as oil prices have begun to drop, but both remain far from levels that would prompt exploration and production companies to shift capital back to gas from liquids. For the past few years, with Henry Hub natural gas trading mostly in the $2.00-$4.00 per million Btu range, higher-priced… Continue reading »
May
17
Think of Texas and the mental movie is obvious: old fashioned oil rigs, big hats, big hair, big boots and conservative politics. Not much room for innovation, information technology, renewable energy or energy efficiency efforts in that narrative, but Texas confounds expectations. The state is a leading location for wind energy installations in the US, technology employment both… Continue reading »