U.S. Oil and Gas Revenues at Four-Year High

The 50 largest U.S. exploration and production (E&P) companies increased capital expenditures for the first time since 2014, according to the EY U.S. Oil and Gas Reserves Study 2018. Companies also reported the highest oil reserves during the five-year study period (2013–2017), while US oi...

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U.S. Sees Surge in Drilled Natural Gas Wells

The American Petroleum Institute (API) released its quarterly well completion report for the second quarter of 2018 showing a 265% increase in estimated exploratory gas well completions as compared to the second quarter of 2017.

“ Today’s report shows the continued growth and strength of U....

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U.S. Industrial Production Rebounds in June

Industrial production rose 0.6% in June after declining 0.5% in May. For the second quarter as a whole, industrial production advanced at an annual rate of 6.0%, its third consecutive quarterly increase .

Manufacturing output moved up 0.8% in June and increased at an annual rate of 1.9% in the second q...

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Empire State Manufacturing Index Down Slightly in July

Business activity continued to grow at a fairly brisk pace in New York State, according to firms responding to the July 2018 Empire State Manufacturing Survey. The headline general business conditions index edged down by over two points to 22.6—still a high level, suggesting a continuation of r...

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