article thumbnail

The Shifting Landscape of American Energy Sources

OilPrice

Energy Generation by Source, 1950–2024 As seen in the video above, natural gas has experienced the most significant growth—rising from just 6.2 Coal use peaked between 2000 and 2005 but has since… quadrillion BTUs in 1950 to 39.2 in 2024—making it the leading energy source in recent years, surpassing both coal and oil.

Energy 240
article thumbnail

Natural Gas: Fueling Progress, Ensuring Reliability in Southeast PA

Marcellus Shale Coalition

Natural gas keeps the lights on, heats homes and fuels local jobs across the Philadelphia region. The bottom line is that natural gas is essential to the very quality of our life. It is the basic feedstock for everything we touch and use today through natural gas liquids,” said Jim Welty, president of the Marcellus Shale Coalition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Texas Supreme Court rules produced water belongs to mineral lessee

Permian Basin Oil and Gas Magazine

COG Operating announced June 27 resolves a contentious dispute between surface estate owners and mineral estate holders “with far reaching implications for the water midstream sector and upstream oil and gas industry.” COG said it owned the produced water and sued, the trial court agreed with COG, and the court of appeals affirmed.

article thumbnail

The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Total industry GVA encompasses the following sectors: mining and quarrying, manufacturing, electricity, gas, steam, and air conditioning supply, as well as water supply, sewerage, waste management, and remediation activities. The cap tightening equates to a 62 percent reduction by 2030 compared to 2005 levels. 3 Assuming a 4.3

article thumbnail

VC Summer Nuclear Station in South Carolina Gets 20-Year Extension

Rigzone

million homes and businesses in Virginia, North Carolina and South Carolina, as well as regulated natural gas service to 500,000 customers in South Carolina - filed a letter of intention in December 2023 on the potential license extension of two other nuclear units. These were issued November 2005. 700K Industry Pros can’t be wrong.

Operator 108
article thumbnail

Equinor, Shell Unveil Name of UK North Sea JV

Rigzone

It’s a company built on firm foundations, much like the strong granite synonymous with the city” “Adura will sustain domestic oil and gas production and security of energy supply in the UK and beyond”, Equinor added. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!

article thumbnail

What Wasn’t Printed: The Strong Case for PA’s Natural Gas Future

Marcellus Shale Coalition

These responses, authored by MSC President Jim Welty, push back on misleading claims and offer a reality check on the critical role natural gas continues to play in delivering environmental progress, energy security and economic growth for Pennsylvania. trillion in public health benefits to Pennsylvania residents between 2005-2023.