Trumpfrastructure is a Scam
$1.5 trillion of hot air.
As Deficit Soars Toward $1 Trillion, Congress Shrugs and Keeps Spending
Treasury Secretary Steven Mnuchin urged Congress to lift the debt ceiling as lawmakers embark on a spending spree.
Hydraulically fractured horizontal wells account for most new oil and natural gas wells
(Tue, 30 Jan 2018) In 2016, hydraulically fractured horizontal wells accounted for 69% of all oil and natural gas wells drilled in the United States and 83% of the total linear footage drilled. The combination of horizontal drilling and hydraulic fracturing has increased the rate of recent U.S. crude oil, lease condensate, and natural gas production.
Some Supporters Fear Trump Will Lose Hard Edge in State of Union Speech
Signals from the White House have hard-line supporters worried that he will sing the praises of bipartisanship instead of ideological purity.
Saudi’s Aramco IPO dream could create shale oil nightmare
Saudi's dream of securing a $100bn windfall from the IPO of Aramco may be clouding its judgement. It needs higher oil prices to entice international investors to buy a stake in the state-owned company, which supplies almost all its crude.
U.S. crude oil exports increased following hurricane-related refinery disruptions
(Mon, 29 Jan 2018) From late August through September 2017, Hurricane Harvey caused disruptions to the U.S. Gulf Coast refining sector, resulting in record-high U.S. crude oil exports when export facilities reopened after the storm and before many refineries returned to pre-storm levels of utilization.
Trump trade rift report adds a chapter to steel import saga
US market players anxiously awaiting Trump’s decision on whether or not to restrain steel imports got something else instead: the report of a rift between Trump and Wilbur Ross, secretary of the US DOC, which launched the import investigation last year.
Natural gas production in Pennsylvania, Ohio, West Virginia growing faster than demand
(Fri, 26 Jan 2018) Significant growth in natural gas production over the past decade—primarily from the Marcellus and Utica shales in the Appalachian Basin—have increased gross natural gas output in Ohio, Pennsylvania, and West Virginia.
State Energy Data System: Retail electricity for 2016
(Fri, 26 Jan 2018) Annual state-level estimates of retail electricity consumption, prices, and expenditures.
The Case for Fancier Subways: We Deserve Them
Mayor de Blasio and Governor Cuomo are at odds over what the mayor sees as bells and whistles, but maybe they are not extras after all.