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gasfacts2019

The world’s publicly listed oil and gas exploration and production companies are bringing in cash at the best rate ever witnessed, even though oil prices have only partially recovered from the huge drop suffered in 2014 and 2015, according to Rystad Energy.

Energy business activity grew modestly in this year’s first quarter, according to oil and gas executives responding to the Dallas Fed Quarterly Energy Survey.

US light, sweet crude oil future prices for May and June rose by more than $1/bbl Apr. 8 on the New York market with Brent crude for June delivery closing in London above $71/bbl on Apr. 9. Analysts said oil prices were supported by unrest in Libya.

The number of incidents affecting people has decreased 20% as the total of US mileage and deliveries has increased more than 10% in the last 5 years, the American Petroleum Institute and the Association for Oil Pipelines jointly said in their 2019 Liquids Pipeline Performance Report on Apr. 8.

US Sen. Edward J. Markey (D-Mass.) introduced a bill on Apr. 8 that would require the use of professional engineers to approve local natural gas delivery system changes and on-site monitoring of pressure regulation stations so that qualified employees could quickly shut off gas flow in an emergency. Rep. Lori Trahan (D-Mass.) introduced a similar measure, HR 2139, in the US House the same day.

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WV’s Natural Gas Industry Committed to Reducing Emissions - West Virginia Oil and Natural Gas Association https://t.co/FoHCuY1fXI

RT @MarcellusGas: Penn State researchers: Methane emissions from gas wells & infrastructure in the 'mighty Marcellus Shale' are just a tiny…