WVONGA Header final Subpage

WVONGA GAs Facts Banner 1080x250 2

Oil price benchmarks gained marginally on New York and London markets Mar. 14 but waivered in Mar. 15 trading. Despite forecasts for robust world oil demand, analysts say growing US shale production could restrict US light, sweet oil prices.

David L. Porges has been named interim president and chief executive officer of EQT Corp., Pittsburgh, after the resignation of Steven Schlotterbeck from those and related positions. 

Global oil demand is expected to rise 1.5 million b/d to 99.3 million b/d in 2018, according to the International Energy Agency’s most recent Oil Market Report. This represents a 90,000-b/d increase compared with last month’s report.

Led by gasoline and seasonal demand for heating fuels, US petroleum demand hit 20.3 million b/d in February. Demand was up by more than 1 million b/d from February 2017, nearing record highs not seen for more than a decade, according to the American Petroleum Institute.

Thirty-nine US senators urged the Trump administration to use all tools at its disposal—including a provision in the 2017 Countering America’s Adversaries Through Sanctions Act (CAATSA)—to prevent construction of the Nord Stream 2 natural gas pipeline. 


The expected financial returns are higher for a project in the Shale Crescent region (WV, PA, OH) compared with a G… https://t.co/ixxnfEvBrB

Let’s unleash the power of WV’s oil and gas industry to grow jobs and investment by passing the Majority Protection… https://t.co/0DkBI1GevH