Government, Fuel

Troubled $4.6 Billion Shale Pipe Hits New Snag on Ruling

Shale Chart Bloomberg News

A $4.6 billion shale gas pipeline that already has been delayed by about a year is facing another setback after a court vacated a key permit.

Rachel Adams-Heard | Bloomberg News
October 3, 2018
Business, Fuel

US Oil Debt Eases

Oil Workers Drilling Shale Oil workers drilling shale (Brittany Sowacke/Bloomberg)

U.S. oil and gas producers expect their borrowing ability to increase over the next few months, leaving them open to invest in new shale assets, particularly the Eagle Ford in Texas.

Kevin Crowley | Bloomberg News
April 10, 2018

America’s Hottest Oil Play Just Needs a Few Thousand Truckers

Oil Worker in Texas Brittany Sowacke/Bloomberg News

When the price of oil collapsed in 2014 and disrupted drilling operations all across Texas’ massive Permian Basin shale formation, truckers were among those hardest hit.

Sheela Tobben | Bloomberg News
December 26, 2017

Oil Extends Rally as Record US Shale Drilling Boom Stutters

Angel Navarrete/Bloomberg News

Oil extended the longest run of gains in six months after U.S. shale explorers paused a record drilling expansion in a sign the boom may be slowing down.

Meenal Vamburkar | Bloomberg News
June 30, 2017