Page 3 - Duane Dickson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Analysis-US shale oil just had its worst year and the pain could bleed into 2021 Toggle share menu Advertisement Analysis-US shale oil just had its worst year and the pain could bleed into 2021 U.S. oil and gas shares and drilling activity are edging higher, but a disastrous year for the energy industry means the go-go days of the shale boom may be gone for good. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. REUTERS/Nick Oxford 22 Dec 2020 07:11PM (Updated: 22 Dec 2020 07:36PM) Share th...

Read time: 16 mins By Justin Mikulka • Tuesday, December 22, 2020 - 07:26 After over a decade of the much-hyped U.S. fracking miracle, the U.S. oil and gas industry is having to deal with years of losses and falling asset values which has dealt the industry a serious financial blow. This is despite the fracking revolution delivering record oil and gas production for the past decade, peaking in 2019. While the pandemic has hurt the industry, companies have also benefited from excessive bailouts from pandemic relief programs but these b...

continue to climb, if not hold around 99, for probably the next two or three hours. there you can see the progression of that heat throughout the afternoon, easily into the 90s again by 10:00 a.m. 101 degrees now, so we really should change that on the other graphic. that's what we are now at 4:00. so it did climb higher at reagan national and 101 also in baltimore where they set a record yesterday of 105 degrees. and once again, the dew point temperature mixed out enough of a wind today that was able to stir up that moisture, so 105 to 106 is what it feels like currently across the ...