After dropping to a one month low on Thursday, oil prices recovered nicely today. Investors attribute the uptick to the growing belief that OPEC will indeed extend production cuts through the end of 2017.
Pennsylvania and Ohio had the two largest annual natural gas production increases from 2015 to 2016, reflecting higher production from the Utica and Marcellus shale plays, which have accounted for 85% of the U.S. shale gas production growth since 2012. Production in Pennsylvania and Ohio has accounted for an increasing share of total U.S. natural gas production in recent years, growing from less than 2% in 2006 to 24% in 2016.
Owners of the Alliance pipeline, one of the longest natural gas pipelines in North America, are in the early stages of assessing interest in expanding its capacity to transport natural gas from western Canada to Chicago, Illinois.
And it's shaping up to be another fun week in the crude complex, with OPEC releasing its monthly oil market report on Tuesday, swiftly followed by the IEA's monthly oil market report the day after. As oil is looking a little steadier after reaching our downside target, hark, here are five things to consider in oil markets today.
Put on your rally caps and get ready to get back to work, oil workers, because we finally have some good news: 2017 will be your year. Investment bank Goldman Sachs believes the U.S. oil industry is about to make a huge comeback…to the tune of 100,000 new jobs by 2018.
While difficult, translating a military resume into a civilian resume is far from impossible, and if anyone can take on the challenge it’s an American veteran. Experience as a veteran will be an advantage in today’s very competitive job searching. Below are just a few tips from a Senior Resume Consultant that will hopefully aid in your resume writing process and give you a bump-up on the competition.
More than 200,000 miles of liquids pipelines safely transport propane, crude oil, gasoline, jet fuel, ethanol and other energy products across the United States every day. The products flowing through liquids pipelines are used to manufacture medicines, plastics and foods and to fuel cars, trucks and airplanes.