Industry News

Utility Calls for Elimination of Heating Oil in the Northeast, NEFI Responds

Earlier this week, a multinational gas and electric utility issued a white paper calling for the conversion of all five million oilheat homes in the Northeast to electric heat pumps or natural gas. The paper also calls heating oil and propane “the most expensive and polluting heating fuels,” and suggests their share of the region’s […]


Breaking the Glass Ceiling

By Rhonda Gerson, PriMedia, Inc. (Original Article) The discussion of women in the energy industry, especially at the downstream, retail level, seems at once overdue, important, and perhaps surprisingly unremarkable. There are vibrant, capable, intelligent women leading companies large and small, running our trade associations, and in many ways so well woven into our construct […]


Life on the Front Lines of the Sunoco Pipeline

March 24th, 2018: American Energy Coalition – March 24th, 2018 “They’ve put up with round-the-clock drilling and construction chaos. But after massive sinkholes began blooming in their yards, neighbors of the multibillion-dollar Mariner East project are looking for answers — and some are suing to stop it.” He awoke one morning in early March and […]


U.S. Sale Of Gulf Of Mexico Oil And Gas Lease Draws Weak Response

March 22nd, 2018: American Energy Coalition – March 22nd, 2018 “The largest lease sale in American history in the offshore Gulf of Mexico yielded $124.76 million dollars in winning bids from drillers on Wednesday, a modest response to the Trump administration’s effort to pump up investment in the region,” according to a Reuters Article published […]


U.S. Will Be the World’s Largest Oil Producer by 2023, Says IEA

March 17th, 2018: American Energy Coalition – March 17th, 2018 “The U.S. is likely to overtake Russia to become the world’s largest oil producer by 2023, accounting for most of the global growth in petroleum supplies, a top industry monitor said Monday,” according to a story from the Wall Street Journal. “’U.S. crude production is […]



Shell Warns Of LNG Shortage As Demand For Liquefied Natural Gas Booms

March 1st, 2018: American Energy Coalition – March 1st, 2018 “Royal Dutch Shell says the world could be grappling with a shortage of liquefied natural gas within a decade due to underinvestment in new projects,” reports CNBC.com. “The Anglo-Dutch energy giant issued the warning in its second annual LNG outlook, which reports on developments in […]


New England Struggles To Meet Energy Needs

February 24th, 2018: American Energy Coalition – February 24th, 2018 “Massachusetts officials thought they were close to securing future supplies of green energy by piping in hydroelectric power from Canada,” reports the Wall Street Journal. “But a week after Massachusetts said yes to the $1.6 billion project, neighboring New Hampshire said no, jeopardizing the 192-mile […]


BP Sees Quicker March To Peak Oil Demand

February 21st, 2018: American Energy Coalition – February 21st, 2018 We have all heard of the predictions of “Peak Oil” – the point in time when World Wide Crude Oil Production would plateau before entering a period of terminally declining production as this finite natural resource is used up. The most famous of these predictions […]


OPEC Hikes Its 2018 Forecast For Oil Supply Growth On A Flood Of US Crude

February 14th, 2018: American Energy Coalition – February 14th, 2018 “OPEC said Monday it expects demand for oil to grow faster than it originally expected in 2018, but the organization also sees supplies from beyond the producer group surging this year, driven by rising U.S. output,” according to an article in USA Today. “A monthly […]


Oil Skids To Biggest Weekly Loss In Two Years Amid Market Turmoil

February 9th, 2018: American Energy Coalition – February 9th, 2018 “Oil prices slid more than 3 percent on Friday as U.S. futures fell below $60 a barrel for the first time since December on renewed concerns about rising crude supplies. U.S. and Brent crude futures have slid more than 11 percent from this year’s peak […]


U.S. Expected To Become Net Exporter Of Natural Gas For First Time In Decades

January 17th, 2018: American Energy Coalition – January 17th, 2018 “The U.S. could become a net exporter of natural gas in 2018 for the first time since 1957, thanks to increased natural gas exports to Mexico, LNG exports to at least 20 countries and less gas flowing into the country from Canada, according to the […]


Drilling in Alaska Is Good for the Earth

January 11th, 2018: American Energy Coalition – January 11th, 2018 “It has been a good month for American energy development. The tax reform signed by President Trump contained a provision allowing for oil exploration in the Arctic National Wildlife Refuge. Last week the Interior Department proposed opening up wide swaths of territory offshore,” according to […]


Cold Costly To New Englanders

January 3rd, 2018: American Energy Coalition – January 3rd, 2018 “Arctic temperatures are burning a hole in New Englanders’ pockets,” according to a story in today’s Hartford Courant.  “Once again, the ability of the region’s natural gas pipeline to handle demand is at the center of a debate between the industry and environmentalists. Advocates for […]


Drilling Plan Eases Rules

December 26th, 2017: American Energy Coalition – December 26th, 2017 “In a move the oil industry welcomes, the Trump administration wants to rollback several offshore drilling safety measures implemented in 2010 after the largest oil spill in U.S. history,” according to a story by Newsweek. “As the Wall Street Journal reported on Monday, the Bureau […]


Growing Gas Glut Threatens West Texas Oil Boom

December 22nd, 2017: American Energy Coalition – December 22nd, 2017 “Natural gas is gushing out of West Texas, a byproduct of frenzied drilling for oil. That is a problem for energy producers, who are running out of places to send it all,” according to a story published by the Wall Street Journal. “Pipelines running from […]


Oil Prices Edged Up Amid Pipeline Outage

December 15th, 2017: American Energy Coalition – December 15th, 2017 “The time frame for a restart of the Forties Pipeline System remained uncertain after owner Ineos discovered a crack in a pipe last week. The outage stops the flow of around 450,000 barrels of North Sea oil a day,” according to an article by wsj.com.  […]


Trump To Open Door For Oil Drilling Off U.S. East Coast

December 12th, 2017: American Energy Coalition – December 12th, 2017 “The Trump administration is preparing to unveil as soon as this week an expansive offshore oil plan that would open the door to selling new drilling rights in Atlantic waters, according to people familiar with the plan,” and reports Bloomberg.com. “President Donald Trump ordered his […]


US Oil & Gas Resurgence Expected As Global Demand Grows

November 15th, 2017: American Energy Coalition – November 15th, 2017 “Oil will continue growing as a source of energy for over two decades, with the U.S set to become the undisputed leader in crude and gas production, the International Energy Agency (IEA) said Tuesday,” reports by the Associated Press. “The report from the Paris based […]


Saudi Crackdown Doesn’t Guarantee Aramco IPO – Or Higher Oil

November 8th, 2017: American Energy Coalition – November 8th, 2017 From an article in the Wall Street Journal, “A sweeping palace crackdown in the dead of night under the Arabian stars: it’s the stuff of teenage adventure novels and, apparently, oil investors’ dreams.” “Oil prices are now up 3% since Thursday’s close. Driving the action: […]


Tens of thousands still without power in Massachusetts 3 days after storm

November 2nd, 2017: American Energy Coalition – November 2nd, 2017 “More than 35,000 people in Massachusetts are still without power Wednesday morning, three days after a strong storm knocked down trees and utility poles,” according to a story on masslive.com. “As of 7 a.m. Wednesday morning, the Mass. Emergency Management Agency reported more than 37,000 […]


Massachusetts Utility Regulators to Review Accusations Eversource Constrained Pipeline Capacity for Financial Gain

October 25th, 2017: American Energy Coalition – October 25th, 2017 “Massachusetts utility regulators said Tuesday they will conduct a ‘thorough review’ of allegations that energy conglomerates Eversource and Avangrid artificially constrained pipeline capacity in New England, costing consumers $3.6 billion over three years,” according to an article by masslive.com. The Department of Public Utilities “takes […]


The Heat Is On Gas Utilities In CT

October 18th, 2017: American Energy Coalition – October 18th, 2017 “After a recent report alleging that Connecticut’s natural gas providers, Eversource and Avangrid, artificially constrained pipeline capacity, driving up energy prices, the state’s utilities regulator has opened a review of the matter,” reports the Hartford Business Journal and the Journal Inquirer Staff. “The finding doesn’t […]


B5 Bioheat® Fuel Now Standard for Downstate New York

September 21st, 2017: American Energy Coalition – September 21st, 2017 Governor Cuomo approved Senate Bill #5422-A last Wednesday, requiring that all heating oil sold in Nassau, Suffolk and Westchester counties on or after July 1, 2018 contain “at least five percent renewable biofuels.” Just last year, New York City, with the support of the local […]


B5 Bioheat® Fuel Now Standard for Downstate New York

September 21st, 2017: American Energy Coalition – September 21st, 2017 Governor Cuomo approved Senate Bill #5422-A last Wednesday, requiring that all heating oil sold in Nassau, Suffolk and Westchester counties on or after July 1, 2018 contain “at least five percent renewable biofuels.” Just last year, New York City, with the support of the local […]


Putting a Stop to Drilling along the Delaware River

September 14th, 2017: American Energy Coalition – September 14th, 2017 According to an AP Source article from the Daily News, a proposal developed by the Delaware River Basin Commission, a regulatory body with representatives from New Jersey, New York, Pennsylvania, Delaware and the federal government, can turn a seven-year temporary hold on natural gas development […]


Putting a Stop to Drilling along the Delaware River

September 14th, 2017: American Energy Coalition – September 14th, 2017 According to an AP Source article from the Daily News, a proposal developed by the Delaware River Basin Commission, a regulatory body with representatives from New Jersey, New York, Pennsylvania, Delaware and the federal government, can turn a seven-year temporary hold on natural gas development […]


Heating Oil Prices Weather the Storms

September 6th, 2017: American Energy Coalition – September 6th, 2017 The hearts and minds of the American Energy Coalition are with the countless individuals and families who’ve been displaced or otherwise affected by Hurricanes Harvey and Irma. These tragedies should never go unrecognized by any industry, and we are deeply thankful for those brave volunteers […]


Heating Oil Prices Weather the Storms

September 6th, 2017: American Energy Coalition – September 6th, 2017 The hearts and minds of the American Energy Coalition are with the countless individuals and families who’ve been displaced or otherwise affected by Hurricanes Harvey and Irma. These tragedies should never go unrecognized by any industry, and we are deeply thankful for those brave volunteers […]


Harvey Threatens Natural Gas Supply

August 30th, 2017: American Energy Coalition – August 30th, 2017 Amidst stories of Hurricane Harvey’s wanton destruction — homes flooded, residents displaced, 30 reported dead, countless others missing — it’s easy to forget that storms like this threaten not just the people of the Gulf Coast, but people all across the country who depend on […]


Harvey Threatens Natural Gas Supply

August 30th, 2017: American Energy Coalition – August 30th, 2017 Amidst stories of Hurricane Harvey’s wanton destruction — homes flooded, residents displaced, 30 reported dead, countless others missing — it’s easy to forget that storms like this threaten not just the people of the Gulf Coast, but people all across the country who depend on […]


Maine Gas Utility “Accidentally” Discounts Big Customers

August 24th, 2017: American Energy Coalition – August 24th, 2017 That’s their story and they’re sticking to it. “Regulators discovered late last year that southern Maine natural gas utility Maine Natural Gas had billed some of its largest customers 10 times less than it should have, raising concerns about impacts on the utility’s other customers,” […]


Maine Gas Utility “Accidentally” Discounts Big Customers

August 24th, 2017: American Energy Coalition – August 24th, 2017 That’s their story and they’re sticking to it. “Regulators discovered late last year that southern Maine natural gas utility Maine Natural Gas had billed some of its largest customers 10 times less than it should have, raising concerns about impacts on the utility’s other customers,” […]


Fears Mount Following the Latest Deadly Natural Gas Explosion

August 17th, 2017: American Energy Coalition – August 17th, 2017 In the wake of another tragedy caused by a natural gas explosion – this time in a Minneapolis school, leaving at least one dead and seven injured – parents’ fears are mounting that it could be their own child’s school next. Said one witness: “We […]


Fears Mount Following the Latest Deadly Natural Gas Explosion

August 17th, 2017: American Energy Coalition – August 17th, 2017 In the wake of another tragedy caused by a natural gas explosion – this time in a Minneapolis school, leaving at least one dead and seven injured – parents’ fears are mounting that it could be their own child’s school next. Said one witness: “We […]


Connecticut Wants to Tax Oilheat & Propane Sales

August 10th, 2017: American Energy Coalition – August 10th, 2017 Connecticut has already been called one of the most taxed states in the country, and now some policymakers are looking to add yet another burdensome tariff to the books. This one, however, would hit homeowners particularly hard, by driving up fuel prices for the state’s […]


Connecticut Wants to Tax Oilheat & Propane Sales

August 10th, 2017: American Energy Coalition – August 10th, 2017 Connecticut has already been called one of the most taxed states in the country, and now some policymakers are looking to add yet another burdensome tariff to the books. This one, however, would hit homeowners particularly hard, by driving up fuel prices for the state’s […]


Aliso Canyon Gas Leaker to Reopen

August 2nd, 2017: American Energy Coalition – August 2nd, 2017 The Aliso Canyon natural gas storage facility — the same facility responsible for releasing 109,000 metric tons of methane in what was the single biggest gas leak in our nation’s history — has been cleared to reopen. That’s the word according to the Los Angeles […]


Aliso Canyon Gas Leaker to Reopen

August 2nd, 2017: American Energy Coalition – August 2nd, 2017 The Aliso Canyon natural gas storage facility — the same facility responsible for releasing 109,000 metric tons of methane in what was the single biggest gas leak in our nation’s history — has been cleared to reopen. That’s the word according to the Los Angeles […]


Natural Gas Price Volatility on the Horizon

July 26th, 2017: American Energy Coalition – July 26th, 2017 “Are the days of cheap natural gas numbered?” The answer seems to be a resounding yes, according to experts like Andrew Weissman, founder of EBW Analytics, who recently spoke at the National Association of Regulatory Commissions’ summer meetings in San Diego. Utility Dive reports: Even […]


Natural Gas Price Volatility on the Horizon

July 26th, 2017: American Energy Coalition – July 26th, 2017 “Are the days of cheap natural gas numbered?” The answer seems to be a resounding yes, according to experts like Andrew Weissman, founder of EBW Analytics, who recently spoke at the National Association of Regulatory Commissions’ summer meetings in San Diego. Utility Dive reports: Even […]


House Votes to Speed-Up Approval of Natural Gas Pipelines

July 21st, 2017: American Energy Coalition – July 21st, 2017 The U.S. House of Representatives passed legislation to streamline the permitting and approval of interstate natural gas pipelines, which was approved late yesterday by a mostly party-line vote of 248-179. The bill, known as the Promoting Interagency Coordination for Review of Natural Gas Pipelines Act […]


House Votes to Speed-Up Approval of Natural Gas Pipelines

July 21st, 2017: American Energy Coalition – July 21st, 2017 The U.S. House of Representatives passed legislation to streamline the permitting and approval of interstate natural gas pipelines, which was approved late yesterday by a mostly party-line vote of 248-179. The bill, known as the Promoting Interagency Coordination for Review of Natural Gas Pipelines Act […]


Natural Gas Exports Prove Disastrous Across the Globe

The Australian Outback, known abroad for its population of kangaroos, dingoes and other wildlife, is also home to an abundant supply of natural gas. Or rather, it was. Lately, it seems that supply is no longer at home in Australia. Instead, it’s gone abroad. According to the Wall Street Journal, Australia has “Exported Its Way […]


Another Natural Gas Pipeline Plan Suspended

The Enbridge gas utility has put a halt to its proposed Access Northeast natural gas pipeline plan, Mass Live reports. The $3.2 billion project called for upgrades to the Algonquin Gas Transmission system in New York, Connecticut, Rhode Island and Massachusetts. Enbridge had originally partnered with Eversource Energy and National Grid to advance the project […]


B5 Bioheat® Standard On Its Way for Downstate NY

One signature: that’s now all it takes for a cleaner, more sustainable future to become a reality for the residents and businesses of Westchester, Nassau and Suffolk counties. Legislation requiring all heating oil sold in these counties to contain a minimum 5% biodiesel has passed the New York State Assembly and State Senate and now […]


A Massive Methane Cloud Has Formed in the Southwest

Devil’s Spring Ranch and the surrounding Blanco, New Mexico countryside have a big problem. According to the Center for Investigative Reporting (CIR), “a huge cloud of methane … 10 times larger than the city of Chicago” looms overhead. The source? You guessed it — natural gas leaks. Scientists say these leaks stem from some 25,000 […]


Lebanon Moves to Update Master Plan

The Lebanon City Council voted to remove references to natural gas as a favored energy source from the city’s master plan on Wednesday, June 7, reflecting concerns about the environmental impact of natural gas. Meanwhile, Upper Valley residents are organizing against a proposal in front of the Public Utilities Commission, put forward by Liberty Utilities, […]


Two Gas Leaks at Two New England Schools Just Four Days Apart

Last Thursday, June 1, an excavator working on the University of Connecticut campus in Storrs hit a natural gas line, prompting evacuations of two buildings. According to CBS Connecticut, the incident occurred on the east side of campus around 11 a.m., at which point people were promptly asked to vacate both the UConn Dairy Bar […]


Calling for Transparency in Gas Pipeline Permitting

Ken Silverstein of FORBES reports: The Atlantic Coast Pipeline may be the embodiment of what happens when the nation is using more natural gas but the companies building the infrastructure to transport that fuel struggle to get the necessary permits. The $5.1 billion project would feed the energy appetites of the mid-Atlantic states but it […]


Another Regional Natural Gas Pipeline Project Moves Forward despite Widespread Community Opposition

Environmental activists are against it. Local and state officials and state agencies are against it. A Native American organization is against it. And residents of Sandisfield. Mass., who will be directly affected, are against it. But Tennessee Gas Pipeline/Kinder Morgan has just completed clearing 30 acres in Otis State Forest as part of its Connecticut […]


Tight Supply Boosts Natural Gas Prices in 2017

Natural gas prices are likely to increase by the end of 2017, due to tight supply and production, according to Arthur Berman, a petroleum geologist with 36 years in the industry. Berman accurately predicted that natural gas prices would double last year despite other analysts’ bearish position, and is again standing against “the mainstream narrative” […]


Leaks and Explosions Continue to Plague RI Natural Gas

America’s smallest state seems to offer up a microcosm of natural gas’s systemic safety failures. One needs look no further than a spate of recent leaks and explosions. Alex Kuffner of the Providence Journal reports: “Rhode Island’s natural gas distribution system has a troubling percentage of bare steel and iron pipes — outdated materials prone […]


Will PA Raise Gas Prices for Everyone Else Now Too?

Yet another story from the Pennsylvania front, as Andrew Maykuth reports for Philly.com: Should current Pennsylvania utility customers pay the cost to extend gas service to their neighbors? The state House Consumer Affairs Committee on Wednesday ventured into that minefield of potentially clashing interests when it heard testimony in Harrisburg on a proposal to allow […]


Pennsylvania Parents Frightened by Gas Pipelines Underneath Elementary School

Kathy Boccella, Staff Writer with Philly.com, reports: Behind closed doors at Rose Tree Media school headquarters in Delaware County, the “safety summit” brought together district and township leaders, first responders, officials from Sunoco Logistics, and even Homeland Security to draw up school evacuation plans in the event of a catastrophic explosion or leak from the […]


NYS DEC Denies Permit for Northern Access Pipeline

Score one for the local landowners and residents of Western New York. Following three public hearings and over 5,700 comments, the New York State Department of Environmental Conservation has denied a required water quality certificate to the National Fuel Gas Company for its proposed Northern Access Pipeline. The pipeline would’ve carried hydraulically fractured (“fracked”) natural […]


Chemical Leak at Gas Facility Has Been Harming Alabamans Since 2008

The Los Angeles Times reports: A chemical leak at a natural gas facility that had long been owned by San Diego-based Sempra Energy has been found to have contributed to the troubled health of residents in a poor Alabama community. The Alabama Department of Public Health announced in a recent press release that the ongoing […]


Oil Production Drives America’s Push to Energy Independence

“When it comes to petroleum, the U.S. is the land of the plenty.” That’s the word according to a recent article published by Bloomberg. “The year 2017 started off with a bang for American oil companies as total crude and petroleum products exports rose to a record 5.69 million barrels a day in January, government […]


These Google Street View Cars Just Got a New Job Spotting Harmful Methane Leaks in Big Cities

A new partnership among scientists, environmentalists and technology experts is helping to reveal leaks in urban natural gas pipelines, according to a recent article in the Washington Post. And they’re hoping their efforts could help cities cut down on accidental emissions of methane, one of the world’s most potent greenhouse gases. The project is a […]


U.S. Oil Production Keeping Oil Prices Low

Strong U.S. oil production is helping to keep prices low, according to a recent article by United Press International. UPI reports that oil prices are under $50 per barrel, which is well below the $100 per barrel seen in 2014. “Producers in the United States are partially responsible for the current oversupply in oil,” the […]


New England Power Grid’s Ample Capacity Proves Dire Predictions Wrong

Dire predictions that power plant closures in New England would strain electricity supply so far are proving to be wrong, according to a recent article in the Portland Press Herald. An auction conducted last month by the region’s grid operator to meet demand in 2021 attracted more than enough power, and at the lowest prices […]


Subscribe to our mailing list

Upcoming Events

WESCO

Wesco Oil provides more
than home heating oil.


(401)231-3681
BEEWARM.COM
WESCO

Looking for total come comfort service you can count on?

COUNT ON PETRO!

WWW.PETRO.COM