Articles in "Product Trends"

Oil prices have dropped considerably in 2014.
November 5, 2014- Equipment News - Industry News - Product Innovations - Product Trends

Drillers carry on despite lower oil prices

The oil industry has been experiencing  a dramatic change in the last few months, as oil prices have continued to fall with little sign of letting up.

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The number of rigs increased the past week in the U.S.
November 4, 2014- Equipment News - Industry News - Product Innovations - Product Trends

Rig count up, prices down

As drilling companies continue to react to current market demands, the rig count for the week ending Oct. 31 increased by two, according to Baker Hughes.

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Exporting LNG could provide a new market for drillers.
October 31, 2014- Equipment News - Industry News - Product Trends

Exporting LNG could strengthen economy

A new report from the U.S. Energy Information Administration indicated lifting the ban on liquefied natural gas (LNG) exports could lead to higher levels of consumer spending and greater investment in energy technology.

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Pipelines can improve natural gas efficiency.
October 30, 2014- Equipment News - Health & Safety News - Industry News - Product Innovations - Product Trends

Natural gas pipeline gets the green light

The Constitution Pipeline Company overcame a large hurdle on Oct. 24 after the Federal Energy Regulatory Commission released it’s final ruling on the environmental impact of the proposed pipeline, according to Reuters.

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The U.S is quickly becoming an energy independent nation.
October 29, 2014- Equipment News - Industry News - Product Innovations - Product Trends

US could be energy independent in 10 years

A new release from Wood Mackenzie’s Global Trends Service indicated the U.S. is on track to be completely energy independent by 2025.

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Drilling hasn't begun yet in Southern Illinois.
October 28, 2014- Equipment News - Health & Safety News - Industry News - Product Trends

Southern Illinois missing out on fracking benefits

Approval permits for fracking in Southern Illinois have not moved forward due to the delayed release of drilling rules from the Illinois Department of Natural Resources, according to The Chicago Tribune.

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Natural gas prices typically rise in the winter.
October 28, 2014- Equipment News - Industry News - Product Trends

With stockpiles low, drillers work to increase natural gas inventory

After a dreadfully cold winter last year, natural gas supplies were depleted to an 11-year low because of a large increase in consumption, according to The Wall Street Journal.

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Drilling rigs declined last week.
October 27, 2014- Equipment News - Industry News - Product Innovations - Product Trends

Rig count down, production up

The weekly rig count declined by 12 for the week ending Oct. 17, according to Baker Hughes.

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Reducing flaring can create more supply for customers.
October 23, 2014- Equipment News - Health & Safety News - Industry News - Product Innovations - Product Trends

North Dakota to flare less

North Dakota has made a commitment to lower its level of natural gas flaring to 15 percent by 2016, according to the U.S. Energy Information Administration.

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Colorado stands to gain a lot from better natural gas transport capabilities.
October 22, 2014- Equipment News - Industry News - Product Trends

Denver pipeline in the works

A 34-mile pipeline stretching from Fort Lupton, Colorado, to north Denver is now under construction with the purpose of carrying natural gas to Xcel Energy Inc.’s refining station, according to the Denver Business Journal.

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