While the U.S. rig count keeps falling, weak oil prices won’t stop the United States from becoming a net energy exporter in the coming decades, the Energy Information Administration’s 2015 annual energy outlook said.

North Dakota Democrats are predicting a “nightmare scenario” for future state revenues if the Republican-led Legislature radically restructures oil taxes as a hedge against falling crude prices.

The US should remove the national interest demonstration requirement for LNG exports to countries with which it does not have a free-trade agreement before it loses one of its biggest energy and economic opportunities in its history, anExxonMobil Corp. executive said.

Schlumberger Announces First-Quarter 2015 Results

U.S. Rig Count is down 34 rigs from last week to 954, with oil rigs down 26 to 734, gas rigs down 8 to 217, and miscellaneous rigs unchanged at 3.

U.S. shale well productivity rates should keep ticking up in May although total production will fall by 57,000 barrels per day, according to a new report by the U.S. Energy Information Administration.

The US could lose an important global opportunity if it doesn’t move more quickly on its LNG export decisions, America’s Natural Gas Alliance said in a new study. “This is not about trying to get 20 export facilities quickly built,” ANGA Pres. Martin J. Durbin told reporters as the study was released. “It’s about making the process more certain and predictable so more of them can move ahead.”

LNG Forum at the Gas Processors Association's Annual Meeting, ADI Analytics CEO Uday Turaga shared his company's views on the best options for monetizing shale gas resources in North America.

The U.S. government would get a larger share of oil and gas revenue from federal land under a proposal the Interior Department is expected to announce on Friday.

U.S. show the potential to eliminate net energy imports sometime between 2020 and 2030. This reflects changes in both supply and demand, as continued growth in oil and natural gas production and the use of renewables combine with demand-side efficiencies to moderate demand growth. The United States has been a net importer of energy since the 1950s.