The Texas Gulf Coast oil terminals sent abroad more crude than they received in April, the Energy Information Administration said this week. During that month, crude oil exports from the Houston-Galveston port district exceeded imports by 15,000 bpd.

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The U.S. port district of Houston-Galveston in Texas recently began exporting more crude oil than it imported for the first time on record. Crude oil exports from the Houston-Galveston port district have increased since the restrictions on U.S. crude oil exports were lifted at the end of 2015.

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The  Angore pipeline is being built to connect the Angore gas field to the Hides gas conditioning plant.  If an expansion is agreed upon, it will be underpinned by the more than 10 tcf of discovered undeveloped gas resource in the Elk-Antelope and P’nyang fields and potentially gas from the foundation project fields.

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During the spring and fall, electricity demand is relatively low and decreasing. During the summer and winter when electricity demand is relatively high however, the amount of coal stockpiled at electric power plants has been decreasing.

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Drones are making inroads into the oil and gas industry, and these inroads could very well turn into highways for this technology in an industry that features a lot of surveillance and inspection work.

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But it is easy to forget the view of the U.S. natural gas markets circa 2005. At that time, U.S. natural gas production had begun to decline. Natural gas spot prices regularly spiked above $10 per million British thermal units (MMBtu), and sometimes as high as $15/MMBtu.

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Construction costs for solar photovoltaic systems and onshore wind turbines declined, while construction costs for natural gas generators increased . Investment in electric generating capacity increased more than 50% from 2015.

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Natural gas production had been in decline since the fracking boom that began in the middle of the previous decade. Production grew in the U.S. by an astounding 51 percent which pushed the U.S. back into the global lead.

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Natural gas inventories are at low levels, raising the risk that prices could receive a jolt this winter if a cold snap hits. The natural gas market is cyclical. Demand spikes in the winter as people and businesses turn up the heat, but consumption dips in spring and fall because of mild temperatures.

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