President Donald Trump's administration has proposed opening up nearly all of America's offshore waters to oil and gas drilling, but the industry says it is mainly interested in one part of it, now cordoned off by the Pentagon: the eastern Gulf of Mexico.
Draft Proposed Program considers nearly the entire U.S. Outer Continental Shelf for potential oil and gas lease sales.
Homeowners, businesses and utilities across much of the United States were keeping a close watch on fuel supplies Wednesday as a record-setting cold snap caused demand for heating oil and natural gas to soar.
The Trump administration is poised to open the door to selling new offshore drilling rights from the Atlantic Ocean to the Arctic Sea, igniting a fight with coastal residents worried about oil spills befouling beaches and jeopardizing tourism dollars.
Six small U.S. oil and natural gas drilling projects will receive about $30 million in federal funding for research and development to help achieve President Donald Trump's policy of boosting output of fossil fuels, the Energy Department (DOE) said on Wednesday.
U.S. Shale Oil: Growth Back On Track And Accelerating
As 2017 comes to a freezing close, millions of citizens in New York state are keeping themselves warm and comfortable in their homes thanks to a plentiful supply of cheap natural gas.
U.S. natural gas power plants continue to increase in efficiency and reduce greenhouse gas emissions, but the high flexibility of these plants will also be increasingly critical in the years ahead.
U.S. crude oil production in October rose to the highest in more than 46 years, while natural gas production leaped to a new record, U.S. Energy Information Administration data showed on Friday.
State-owned energy companies have invested billions of dollars to develop shale gas and other sources, but supplies have failed to keep pace with surging demand.
