How Natural Gas is Helping U.S. Economic Turnaround “The U.S. economic recovery is gathering strength as cheaper natural gas drives business investment and boosts exports, according to the chief executive officer of Dow Chemical, the country’s largest chemicals company,” Bloomberg writes.
The Downside of an Up Cycle in the Eagle Ford Shale (San Antonio Express) “The buzzword for Day One of the Eagle Ford Consortium‘s inaugural conference: Overwhelmed,” reports the San Antonio Express. “Roads are overwhelmed, and so are schools and ambulance services. Electric utilities are swamped with new customers, and city services can’t keep up.”
Impasse in BP Settlement Talks“Settlement talks have collapsed between BP and lawyers representing business owners and individuals affected by the Deepwater Horizon oil spill in 2010,” the Houston Chronicle reports.
Barnett Shale Production Reportedly at All-Time High “Despite persistently low natural gas prices and a decline in drilling, production in North Texas’ Barnett Shale hit a record high in November, averaging more than 6 billion cubic feet of natural gas per day,” the Fort Worth Star-Telegram writes.