Weekly News Roundup for October 6, 2017

Here are some of the stories we’ve been following this week.

Two U.S. senators are expected to introduce a bill that would ban the use of eminent domain to acquire property for the purpose of constructing a wall along the border with Mexico.
IGas announced plans to begin hydraulic […]

Experts Predict Largest Oil Deposit in United States is in Texas

Texas has long been a home to oil exploration. The Midland Basin and the Delaware Basin have helped propel the United States to the top of the world’s top oil producers. Since 2012, no other country has produced more oil than the U.S., and Texas’ large oil reserves are […]

New Oil Discovery in Texas Could Produce Billions of Barrels of Oil

They say everything is bigger in Texas. Often, that includes the oil deposits. The Lone Star State’s image has long been linked to its oil fields, and for good reason. Last year, The U.S. Energy Information Administration reported that Texas was home to 29 percent of the country’s oil […]

By |September 13th, 2016|Categories: Blog, News|Tags: , , |0 Comments

Weekly News Roundup for July 15, 2016

These are some of the stories we’ve been following this week.

A proposed railway line in Illinois would keep oil and other freight trains from traveling through more populated areas.
Natural gas is expected to have a bright future as part of the United States’ energy portfolio. However, the […]

Concerns Over Oil Train Derailments Cause Governments to Act

A typical oil train car used in the United States, the DOT-111 tank car, for example, can haul as much as 34,500 gallons of oil across the country. An entire train of these cars would be moving hundreds of thousands of gallons of oil, sometimes through populated areas or […]

By |April 26th, 2016|Categories: Blog, News|Tags: , , , |0 Comments

Weekly News Roundup for October 16, 2015

These are some of the stories we’ve been following this week.

Private equity firm Blackstone Group LP recently announced that it would pay $8 billion to acquire Biomed Realty Trust in one of the largest real estate investment trust (REIT) privatizations planned so far this year.

The House passed a bill 261-159 […]

Derailed Oil Train Explodes in West Virginia, Burning Home

On February 16, 2015, a train carrying about 70,000 barrels of Bakken crude oil from North Dakota’s shale fields to an oil shipping depot in Yorktown, Virginia derailed in Mount Carbon, West Virginia. Almost two dozen tanker cars full of crude oil caught fire, some exploding into huge fireballs […]

Battle Over the Keystone XL Pipeline Fought on Two Fronts

It’s been a mix of good news and bad news for Keystone XL Pipeline supporters. On January 29, 2015, the U.S. Senate approved S.1, the Keystone XL Pipeline Approval Act, by a 62-36 vote. On February 11, the House of Representatives voted 270 to 152 to approve the act, […]

Political Battle Over Keystone XL Pipeline Rages On

When we last discussed the contentious pipeline extension project, President Obama and the State Department had made it clear that they would not be issuing a decision on the Keystone XL Pipeline anytime soon, and the U.S. Senate Energy and Natural Resources Committee had passed a bill to allow […]

Tensions Rise as Keystone XL Pipeline Decision Further Delayed

A bill to approve the Keystone XL Pipeline failed to pass the Senate Monday, once again delaying the controversial project. It is unlikely a vote will happen before midterm elections in November. The pipeline’s approval was tied to a bill on energy efficiency, but it did not receive the […]

Two Dr. Lipscombs Study the Effects of Oil and Gas Exploration on the Housing Market

HousingWire Magazine recently published an article entitled “Energizing Real Estate: Oil and Gas Exploration Could Shock Housing Markets” in their November 2013 issue. The article discusses the work of Dr. Clifford Lipscomb, Director – Economic Research at Greenfield Advisors, and his cousin, Dr. Joseph Lipscomb, a professor of finance […]

The Keystone XL Pipeline: Pros and Cons from an Economic and Appraisal Perspective

The proposed TransCanada Keystone XL Pipeline, which would carry oil from Canada to Texas, comes with many dynamic implications. We will be reviewing the potential positive and negative effects of the pipeline from both an economic and appraisal perspective.
From an economic perspective, the pipeline is seen positively because it […]