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U.S. Crude Oil Moved by Rail Has Increased 166%

Posted on June 15, 2013 by CJ

Report: More Crude Oil is being hauled by railway than any time since Rockefeller’s Standard Oil A June 13, 2013 report from Bloomberg Business reports that railroads are overtaking pipelines as the main mode transport: America’s energy boom has left the middle of the country awash in cheap oil. But as pipeline companies scramble to spend billions of dollars to…

OTC: The Chinese Driving Force

Posted on May 7, 2013 by CJ

By 2020, when China celebrates its hundred-year anniversary, the Chinese GDP will double that of 2010, increasing to 13 trillion, said Consul General of the People’s Republic of China Xu Erwen, in Houston at the 2013 Offshore Technology Conference (OTC). Since China adopted the reform and opened up policy in 1978, the Chinese economy has registered an average annual growth…

U.S. Natural Gas Resources Hit Record Levels

Posted on May 7, 2013 by CJ

Recoverable Resources Surpass 48-year History By Michael Reed, Managing Editor, Pipeline and Gas Journal The United States closed out 2012 with a technically recoverable natural gas resource potential of 2,384 Tcf – the nation’s highest level during the 48 year history of the nonprofit Potential Gas Committee’s (PGC) biennial report. Released in coordination with the American Gas Association (AGA), the…

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U.S. Crude Oil Moved by Rail Has Increased 166%

OTC: The Chinese Driving Force

U.S. Natural Gas Resources Hit Record Levels