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TOWNSHIP OF ALLEGHENY PUBLIC NOTICE- Bid

Description: TOWNSHIP OF ALLEGHENY PUBLIC NOTICE The Township of Allegheny will receive sealed and separate bids from interested individuals, partnerships, entities or corporations for the purpose of entering into an oil and gas lease for certain properties owned by the Township of Allegheny and located within the Township of Allegheny. There is available from the

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Why US oil may join dollar, gold as a safe haven

Javier E. David The U.S.—and the global economy—may have a new safe haven asset: the growing American oil bounty. The sociopolitical upheaval in places like Iraq, Libya and Venezuela has kept oil prices propped up at more than $100 per barrel, underscoring the unstable nature of many oil-producing nations. By contrast, U.S. oil supplies—close to

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Utica shale ‘sweet spot’ still to be found, report says

Tom Knox Not much is certain in Ohio’s Utica shale play. Some companies, like Magnum Hunter Resources Corp. (NYSE:MHR) and American Energy Partners, are doubling down on drilling. Others, like BP Plc (NYSE:BP) and EQT Corp. (NYSE:EQT), have suspended operations because of poor performance. There’s a big gulf in success in the Utica that will

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Oil field pipe mill south of San Antonio to hire 200

By Jennifer Hiller SAN ANTONIO — Alamo Tube Co. plans to build a $62.5 million pipe mill and finishing facility south of San Antonio to serve the Eagle Ford Shale and Permian Basin oil and gas fields. The privately held Houston company says will employ more than 200 workers. The mill will be built at

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Pipeline to carry natural-gas liquids from Ohio to Texas moving forward

By Bob Downing Plans for a pipeline to carry natural-gas liquids from Ohio to the Gulf Coast are progressing. Dubbed the Utica Marcellus Texas Pipeline Project, the pipeline is being developed by Kinder Morgan Energy Partners LP and its partner, MarkWest Utica EMG LLC. It is designed to serve the Utica and Marcellus shale regions

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