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Tag Archives: Oil

Austin, TX ranks first nationally for jobs, Charleston 11th

roughneck oil

AUSTIN, TX – In addition to increased tax revenue and jobs, a robust local oil and gas industry has helped bring national recognition to the area. The Greeley Metropolitan Statistical Area, which encompasses all of Weld County, cracked the top 10 for large cities in the recent Best-Performing Cities index, released annually by the Milken Institute, ranking cities on how ...

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A Day at the Nabors Pad

Nabors Rig Cows

By Jason Spiess| Editor Marcellus.com My drive to rig number 680 was halted momentarily as calves occupied the gravel road nearly 100 yards from the drilling rig.  In fact there are cows surrounding the extraction operation in what many would refer to as the “middle of nowhere.” As I waited a minute or two for the calves to finish staring ...

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Gas boom’s impact on economy examined

oil economy

BECKLY, WV – Wyoming County and West Virginia are expected to boom economically in the next few years due to the extraction of natural gas from the Utica shale formation, according to officials. West Virginia Association of Counties and WVU Extension Service brought together numerous people from across the state recently to discuss the economic potential for West Virginia. “Wyoming ...

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Charleston’s natural gas filling station up and running

Charleston WV Station

CHARLESTON, W.Va. — Charleston’s new natural gas fueling station had a low-key opening last month and is now providing 24-7 access to fill up vehicles that run on compressed natural gas. “We are fully functional,” said IGS Energy CNG Services General Manager T.J. Meadows. “Everything has been fully permitted, signed off on and we are now open to the public.” ...

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Govs react to rising power, fuel prices

natural gas manila

MANILA – The government is helpless in the face of rising power and fuel prices because of laws that prevent it from intervening in “market-driven” industries, Presidential Communications Secretary Herminio Coloma Jr. said on Wednesday. Coloma said the looming electricity rate increase and the recent rise on liquefied petroleum gas (LPG) prices are dictated by the law of supply and ...

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Oil above expectations, US supplies fell

oil well

KUALA LUMPUR, Malaysia (AP) — The price of oil surged above $97 a barrel Wednesday on expectations U.S. crude stockpiles fell. Benchmark U.S. crude for January delivery was up $1.16, or 1.2 percent, to $97.20 a barrel at midafternoon Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. The contract rose $2.22 to $96.04 on Tuesday after ...

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