Fossil Fuels

Dan Reed

Reports of Energy Industry’s Death are Greatly Exaggerated

Sam Clemens, better known by his pen name, Mark Twain, is credited with having said “Reports of my death have been greatly exaggerated,” or something very near that. Those predicting the demise of the U.S. shale oil and gas industry in the wake of the dramatic drop in oil prices that began last summer should […]

oil fields
Dan Reed

Timing of the Halliburton-Baker Hughes Merger Makes Sense

It’s no coincidence that the proposed merger of the second- and third-largest oil field services is coming together against the backdrop of the biggest drop in oil prices in nearly five years. No. 2 Halliburton and No. 3 Baker Hughes reached agreement in mid-November on a $34.6 billion deal that would, upon consummation and the […]

Enbridge Canadian oil
Dan Reed

Canadian Company Bypassing Roadblock to Heavy Crude Imports

The Obama Administration may have effectively stalled – for now – the Keystone Pipeline, but Toronto-based pipeline and distribution giant Enbridge is moving to demonstrate that Washington cannot entirely block the flow of heavy Canadian Tar Sands crude in the United States.

Iraqi oil production
Dan Reed

Threat of Iraqi Civil War Puts Gas Prices Front and Center

Despite the mushrooming civil war in Iraq, led largely by the insurgent organization known as the Islamic State in Iraq and Syria (ISIS), Americans are paying scarcely more to fill up their cars today than they were a month ago. This is especially surprising, considering that Iraq is the world’s fifth-largest oil-producing nation.

Off-shore drilling rig
Dan Reed

Oil and Gas Success Brings Commercial Rotorcraft Industry Back to Life

After decades of hovering just above the level of irrelevancy – not to mention insolvency – the global commercial rotorcraft industry is entering a new golden era of design, production and sales thanks to the oil and gas industry. More specifically, the explosion in unconventional exploration from deep-water offshore platforms is the catalyst to this […]

San Francisco
Katie Coleman

Friday Fastbreak: San Fran Moves to Limit Fossil Fuels

A new proposal limiting the movement of fossil fuels in San Francisco goes before city officials San Francisco may soon wage war against the powerful fossil fuel industry and limit exports of coal and petroleum coke. If the San Francisco Environment Commission agrees to a proposal presented Thursday, city leaders will then be brought in […]

Don't Frack with our Water
Dan Reed

Baker Hughes Set to Reveal Fracking Chemicals

Baker Hughes Inc. says it will become the first major oil field services company to stop ignoring the elephant in the room and begin disclosing all the chemicals it uses in its hydraulic fracturing operations. Rivals Schlumberger and Halliburton, the largest and second-largest service companies, respectively, have not yet commented on when, or whether they […]

Dan Reed

Keystone XL Decision Wrapped Up in Politics

Nineteen months and counting. The United States’ involvement in World War II – the greatest undertaking in the history of mankind – lasted 45 months. But it has been 64 months since TransCanada asked the U.S. government for permission to build a 1,179-mile long pipeline from northern Alberta, Canada, to Steele City, Neb. From there, […]