Archives for 2017
U.S. coal production on the rise — for now
Coal production is expected to rise in 2017 as higher natural gas prices drive up the demand for coal, according to the U.S. Department of Energy. Coal production in the U.S. in 2016 was the...
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James Baker among GOP group pressing carbon tax to Trump
Some big name Republicans have joined on to a coalition lobbying to combat climate change through a carbon tax. A group that includes former Secretary of State James Baker III, former Treasury Secretary Hank Paulson, former...
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Parsley Energy ‘on tear’; will spend $2.8 billion on Permian land
Parsley Energy is buying rights to undeveloped acres in the heart of West Texas’ Permian Basin from Double Eagle Energy for $2.8 billion, continuing a run of high-priced acquisitions in the area. It is the...
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Crude oil inventories skyrocket
The nation’s crude oil stockpiles took a big jump last week with the addition of 13.8 million barrels of oil in storage, according to the Energy Department. That represents a 2.8 percent increase in commercial...
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Expect more big deals in 2017, Moody’s says
Higher oil and gas prices should bring bigger energy mergers and acquisitions as 2017 stretches out, according to a new report, including pipeline consolidations and big deals among oil explorers and producers. Pipeline companies will...
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