Friday, January 3, 2025

Is the Shale Boom Finally Taking a Breather?

Heavy hitting U.S. shale producers lower production guidance 10% or more for ‘16 U.S. shale producers are beginning to announce production cuts as the global glut is keeping prices lower for longer. There is a marked difference as companies begin to report their 2016 guidance from this time last year when prices were still in the $40-$50 range. Many U.S.

NatGas Will Grab 31% of Electric Generating Capacity Additions in 2016, Second to Solar

Electric generating facilities are expected to add more than 26 gigawatts (GW) of utility-scale generating capacity to the power grid this year, according to a report from the EIA. The majority of that increase is expected to come from increased solar generating capacity, with natural gas making up the second-largest portion of the gains to overall electrical capacity. Additions from