Financial News
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Shale Gas Proven to Have Profound Effect on Economy
December 9, 2011
"The Economic and Employment Contributions of Shale Gas in the United States" study from IHI Global Insight looks at how shale gas production will affect the economy for the long-term. Shale gas, according to the study, is one of the top driving forces for job creation; economic growth; increased tax revenue for federal, state and local governments; and lowered gas and electric costs. "The rapid growth in shale gas production — currently 34 percent of total U.S. production — is one of the most significant energy deve...
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Business Credit Cards Exempt from Credit Card Protections
July 15, 2011
In 2009, Congress passed the Credit Card Accountability Responsibility and Disclosure (CARD) Act to protect consumers from unfair practices, such as hidden fees...
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Is Bank Financing Easier or Harder for Small to Medium Busin...
June 24, 2011
"It depends." Honestly, that's the answer to the question of whether bank financing small to medium businesses is easier or harder. Unfortunately, it'...
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Meet a Rising Star: Haynesville Shale
July 14, 2010
Last March, Haynesville premiered at South by Southwest (SXSW) in Austin, Texas. Director Gregory Kallenberg takes the viewer on a trip through Haynesville Shal...
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Overview of Arkansas Fayetteville Shale
July 12, 2010
Fayetteville Shale in Central and Eastern Arkansas in the Arkoma basin covers an estimated 4,000 square miles. The play has black organic-rich rock from the Mis...
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BP Faces Congress and Massive Bill
June 29, 2010
We haven't posted an entry about the Deepwater Horizon oil spill in a while. With all the news and President Obama talking about BP in his oil spill address, you're probably u...
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Bakken Play in Williston Basin Catches Momentum
June 28, 2010
Last May's 18th Williston Basin Petroleum Conference and Expo signaled big things were coming to western North Dakota. Williston Mayor Ward Koesser, speakers an...
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Hydraulic Fracturing Rules Approved in Wyoming
June 27, 2010
The oil and gas industry has been preparing for the possibility of stricter drilling rules. And one state has passed drilling rules with the possibility of more...
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Woodford Shale in Oklahoma Picks up Momentum
May 26, 2010
Independent energy company, PetroQuest Energy, Inc., says it will enter a joint venture agreement with NextEra Energy Gas Producing, LLC. NextEra has acquired 5...
