A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, and will help pave the way for higher U.S. oil production, energy executives said.
The Federal Energy Regulatory Commission has granted the company permission to introduce a supply line to its Corpus Christi Liquefaction facility expansion project, marking a significant step towards the facility’s operational status.
Curious Minds Corner
Question of the week
What is the term for oil that is found in shale formations and extracted through hydraulic fracturing?