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US Short Term Energy Outlook

Energy outlook, EIA expects the U.S. average refiner acquisition cost of crude oil to remain relatively flat, averaging about $100 per barrel in 2011 and 2012. The value of West Texas Intermediate (WTI) benchmark crude oil was about $11 per barrel below the U.S. refiner acquisition cost of crude oil in the third quarter of [...]

Wednesday, November 30th, 2011

USOG Discovery Spearfish in North Dakota Oil Drilling

USOG known as United States Oil and Gas Corp announced today that in light of recent drilling activity surrounding the discovery of a large new oil formation called Spearfish, with its potentially several billion barrels of oil reserves, it continues to evaluate improved prospects for growth at its North Dakota based operating subsidiary, United Oil [...]

Monday, September 20th, 2010

South Dakota approves power plant gas-fired

South Dakota regulators approved two permits to allow Basin Electric Power Cooperative to build a $ 400,000,000 gas-fired, combined-cycle power plant near Brookings. Three members of the Public Utilities Commission agreed to approve the Deer Creek Station plant and pipelines to bring natural gas to fuel factories. “This is $ 400,000,000 worth of investment and [...]

Tuesday, May 18th, 2010