U.S. crude oil production could reach 10 million barrels per day by 2040

Projected crude oil production in the United States ranges from 6 to 8 million barrels per day (bbl/d) over the next 30 years in the Annual Energy Outlook 2013 (AEO2013) Reference case projection. However, under greater supply assumptions, crude oil production is sustained at a higher level of about 10 million bbl/d between 2020 and 2040.



Please, frack beneath my farm

The debate over hydraulic fracturing to extract natural gas from deep beneath the earth has led to some rather interesting discussions among New Yorkers. Many of these are well-intentioned, but some are absolutely unhinged from reality.



The way forward on shale

I recently agreed to join the board of directors of the Center for Sustainable Shale Gas Development, a new organization founded by energy companies and environmental groups to reduce the environmental impacts of natural gas production by hydraulic fracturing. I applaud the Environmental Defense Fund for helping to create this important initiative despite criticism by other environmental organizations.



North Dakota grows five times faster than nation

Propelled by a massive energy boom, North Dakota once again captured the title of the nation's hottest economy, with a growth rate five times the national average.



Crude Output Exceeds Imports for First Time in 16 Years

U.S. domestic crude-oil production exceeded imports last week for the first time in 16 years, a government report showed.



Fueling the future

When Bill Cooper and his family loaded up the U-Haul and trucked their lives from Oneida, Tenn. -- population 3,742 -- to Washington, D.C., in 2001, only one image came to mind -- the Clampetts.



U.S. oil and gas investment at 10-year high, study says

Investment in U.S. oil and gas production reached the highest level in at least a decade, according to the accounting firm Ernst & Young.



Women snag big chunk of new oil jobs

There are few fields that scream "burly man job" more than oil and gas work. Yet in the first quarter of this year, nearly half (46%) of all new jobs in the oil industry went to women, according to Bureau of Labor Statistics data compiled by the industry research and news service Rigzone.



Illinois edges closer to endorsing gas fracking

Lawmakers in Illinois could sign off on legalizing fracking as early as this week, but approval of the highly controversial drilling method won’t come without a fight.



Keystone 'no' could delay $9-billion in investment: report

More than $9-billion of oil sands investment is at risk in the next seven years -- of which $2.4-billion could disappear altogether -- if the Keystone XL pipeline is cancelled or further delayed, says a report from RBC Dominion Securities.

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