The phasing out of the Federal Production Tax Credit will mean a decline in new wind projects and increased operating and maintenance on older assets.
Colorado voters will decide on Nov. 6 whether to extend the state’s oil and gas setback requirement by approving Proposition 112, which an analyst described as ‘a widow-maker for the D-J Basin.’
Also this week, California’s plans for 100% carbon-free energy, U.S. dry natural gas production to reach an all-time high and updates on Hurricane Florence.
There are 2,000 groups spending $600 million on anti-energy and related campaigns in 2018, according to HBW Resources.
U.S. LNG exporters can compete against Chinese tariffs or seek other markets; and the Nord Stream 2 pipeline does not have to lock up the European gas market.
Devising regulations for the drone phenomenon has proven to be a challenge for both the government and industry.
Midstream’s outlook in the energy-friendly state is positive but not without challenges.
The Nord Stream 2 pipeline will transport Russian gas to Germany but critics warn of political tensions.
Also in the headlines this week, the EIA reported U.S. crude stocks fell nearly 13 million barrels last week. Oil prices rebounded on the news but then later retreated