The American Petroleum Institute reported a new Senate proposal could help build America’s role as an energy superpower.
The U.S. Department of Energy issued authorization to export liquefied natural gas produced in Calvert County, Maryland, to countries without a free trade agreement with the U.S.
The price of natural gas ticked up slightly according to the U.S Energy Information Administration weekly update. Demand rose and increased the price of the resource.
Though many economists and global competitors have touted the recent decline in oil and gas prices as evidence of the impending bust of the great U.S. shale boom, new analysis from research company Wood Mackenzie indicated these predictions are off the mark.