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Updated 6 months 1 week ago | 0 comments
NEW YORK (Bloomberg) -- A drilling surge in America’s hottest oil play may prove to be a pitfall for natural gas bulls. As explorers extract crude from the Permian shale in West Texas, they’re also producing gas. A jump in the number of rigs operating in the basin is adding to the so-called fraclog, or the number of drilled wells that are waiting...
Updated 2 years 1 week ago | 0 comments
Gasoline prices continue to drift lower despite the heavy holiday weekend demand. The AAA on Sunday estimated the average price of gasoline in Ohio at a fraction under $2.19 a gallon, making the state the 11th lowest in the nation. Low-price leader was South Carolina with an average price of $1.97.  The other 10 lower-priced states were all in...
Updated 2 years 1 week ago | 0 comments
The Ohio Oil and Gas Energy Education Program (OOGEEP) recently awarded 56 students, pursuing careers in the oil and gas industry, scholarships of up to $1,000 for the 2015 academic year. These students represent 19 universities, colleges or technical institutions and all share a common pursuit toward careers in the energy industry. These annual...
Updated 2 years 1 week ago | 0 comments
From Argentina to Britain to China, countries with suitable reserves have been attempting to emulate the shale revolution of the US, even though most lack the conditions that made it possible for that industry to flourish. Progress so far has been slow, and the fall in oil prices to below $50 per barrel has dealt a further blow to these ambitions...

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