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Gas Prices | Aresco

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media="screen"/> <script type="text/javascript"> quoteRotator = { i: 1, quotes: ["<span id='quote'>As of mid 2013, Texas has approximately 830 active drilling rigs, which accounts for around 47 percent of all U.S. drilling rigs and one quarter of drilling rigs worldwide.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", "<span id='quote'>Oil production in the Lone Star State has more than doubled in less than three years, from 1.142 million barrels of oil per day (BOPD) in July 2010 to 2.295 million BOPD in February 2013.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", "<span id='quote'>The exponential increase in Texas oil output over roughly the last three years has completely reversed the previous 23-year decline in the state’s oil production that took place from 1986 to 2009.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", "<span id='quote'>In mid-2009, Texas was producing less than 20% of America’s domestic crude oil. 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class="wpmega-link-title">Submit Prospect Review Request</span></a></li></ul> </li><li id="menu-item-1558" class="menu-item menu-item-type-post_type menu-item-object-page current_page_parent ss-nav-menu-item-6 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/latest-news/"><span class="wpmega-link-title">News</span></a></li><li id="menu-item-65" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-7 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/contact-us/"><span class="wpmega-link-title">Contact</span></a></li></ul></div></div><!-- end topNav --> <div class="sidebarYellow">&nbsp;</div><!-- end yellow --> <div class="sidebarWhite"> <div class="text"> <div id="content"> <!-- Start the Loop. --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/">Fracking Boom Driving Massive Industrialization in Louisiana</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, September 3rd, 2014 and is filed under <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/category/new-mexico-oil-and-gas-investing/" rel="category tag">New Mexico Oil and Gas Investing</a>, <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p><a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/sasol-gas-to-liquids-plant-lake-charles/" rel="attachment wp-att-4535"><img class="alignleft size-medium wp-image-4535" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150405033837im_/http://www.arescotx.com/wp-content/uploads/sasol-gas-to-liquids-plant-lake-charles-300x181.jpg" alt="Sasol Gas to Liquids Plant Lake Charles" width="300" height="181"/></a>Resource riches from Texas’ shale boom are <a title="Are we underestimating America's fracking boom?" href="https://web.archive.org/web/20150405033837/http://online.wsj.com/articles/are-we-underestimating-americas-fracking-boom-1401234486" target="_blank">reverberating in massive, game-changing ways</a>. Here’s one: South African energy giant Sasol’s vast gas-to-liquids plant in Lake Charles, Louisiana. Enticed by the prospect of cheap, abundant natural gas, <a title="Sasol" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/sasol/" target="_blank">Sasol</a> is sinking $21 billion into the largest manufacturing project in Louisiana history. Sasol’s venture may also end up as the largest single foreign investment project in U.S. history.</p> <p>Fed by gas harvested from the shale fields of Texas, the 3,034-acre energy complex—now breaking ground—will feature a $7 billion ethane cracker and a $14 billion <em><strong>gas to liquids plant</strong></em>. Operations are slated to begin in 2017 and once completed, the complex will produce 96,000 barrels of clean liquid fuels—primarily diesel—per day, and 1.5 million tons of ethylene annually. <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/#more-4534" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/motorists-currently-reaping-the-eagle-ford-dividend/">Motorists Currently Reaping the &#8216;Eagle Ford Dividend&#8217;</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, February 26th, 2014 and is filed under <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a></p> <p>Oil industry experts say Americans today are seeing at the pump what you might call the &#8216;Eagle Ford Dividend,&#8217; the gasoline consumer&#8217;s payoff for the boom in oil drilling in Texas and elsewhere, 1200 WOAI news reports.</p> <p>David Holt, President of the Consumer Energy Alliance, points out that paralyzing unrest, described by some as a &#8216;revolution&#8217; is occurring right now in Venezuela, which is one of America&#8217;s largest oil suppliers.</p> <p>If you didn&#8217;t know that, it’s because the unrest in this OPEC member nation is having no impact on the price you and I pay for gasoline. <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/motorists-currently-reaping-the-eagle-ford-dividend/#more-3523" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> </div><!-- end content --> <div id="sidebar"> <div id="flags" class="size"><ul id="sortable" class="ui-sortable" style="float:left"><li id="English"><a title="English" class="notranslate flag en"></a></li></ul></div><div id="google_language_translator"></div> <p class="titles">Recent News</p> <ul> <li> <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/arescos-1st-horizontal-well-targeting-woodbine-sand/">Aresco&#8217;s 1st Horizontal Well Targeting Woodbine Sand</a> </li> <li> <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/our-office-will-be-closed-friday-april-3rd/">Our office will be closed Friday, April 3rd</a> </li> <li> <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/aresco-vp-supporting-homes-for-our-troops/">Aresco VP Supporting Homes for Our Troops</a> </li> <li> <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/permian-basin-drilling/">Permian Basin Drilling</a> </li> <li> <a href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/office-closed-march-5th/">Office Closed &#8211; March 5th</a> </li> </ul> <style scoped type="text/css">.utcw-b1fq2ep {word-wrap:break-word}.utcw-b1fq2ep span,.utcw-b1fq2ep a{border-width:0px}.utcw-b1fq2ep span:hover,.utcw-b1fq2ep a:hover{border-width:0px}</style><p class="titles">Tag Cloud</p><div class="utcw-b1fq2ep tagcloud"><a class="tag-link-54 utcw-tag utcw-tag-anadarko-basin" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/anadarko-basin/" style="font-size:10.8px" title="2 topics">Anadarko Basin</a> <a class="tag-link-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/bakken-shale/" style="font-size:13.2px" title="5 topics">Bakken Shale</a> <a class="tag-link-35 utcw-tag utcw-tag-barnett-shale" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/barnett-shale/" style="font-size:11.6px" title="3 topics">Barnett Shale</a> <a class="tag-link-68 utcw-tag utcw-tag-bradley-winton" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/bradley-winton/" style="font-size:10.8px" title="2 topics">Bradley Winton</a> <a class="tag-link-20 utcw-tag utcw-tag-brandon-laxton" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/brandon-laxton/" style="font-size:12.4px" title="4 topics">Brandon Laxton</a> <a class="tag-link-46 utcw-tag utcw-tag-brazos-basin" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/brazos-basin/" style="font-size:10.8px" title="2 topics">Brazos Basin</a> <a class="tag-link-63 utcw-tag utcw-tag-bridgetex-pipeline" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/bridgetex-pipeline/" style="font-size:10px" title="1 topic">BridgeTex Pipeline</a> <a class="tag-link-61 utcw-tag utcw-tag-canyon-sandstone" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/canyon-sandstone/" style="font-size:10.8px" title="2 topics">Canyon Sandstone</a> <a class="tag-link-51 utcw-tag utcw-tag-corpus-christi" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/corpus-christi/" style="font-size:10px" title="1 topic">Corpus Christi</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/crude-oil-prices/" style="font-size:13.2px" title="5 topics">Crude Oil Prices</a> <a class="tag-link-39 utcw-tag utcw-tag-domestic-oil-production" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/domestic-oil-production/" style="font-size:13.2px" title="5 topics">Domestic Oil Production</a> <a class="tag-link-5 utcw-tag utcw-tag-drilling-technology" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/drilling-technology/" style="font-size:18px" title="11 topics">Drilling Technology</a> <a class="tag-link-10 utcw-tag utcw-tag-eagle-ford-shale" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:26px" title="21 topics">Eagle Ford Shale</a> <a class="tag-link-33 utcw-tag utcw-tag-eagle-ford-shale-production" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:12.4px" title="4 topics">Eagle Ford Shale Production</a> <a class="tag-link-16 utcw-tag utcw-tag-energy-information-administration-eia" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:14px" title="6 topics">Energy Information Administration (EIA)</a> <a class="tag-link-36 utcw-tag utcw-tag-energy-production" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/energy-production/" style="font-size:10.8px" title="2 topics">Energy Production</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/fracking/" style="font-size:13.2px" title="5 topics">Fracking</a> <a class="tag-link-30 utcw-tag utcw-tag-gas-prices" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/gas-prices/" style="font-size:10.8px" title="2 topics">Gas Prices</a> <a class="tag-link-58 utcw-tag utcw-tag-gas-to-liquids" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/gas-to-liquids/" style="font-size:10px" title="1 topic">Gas to Liquids</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/horizontal-drilling/" style="font-size:17.2px" title="10 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:22.8px" title="17 topics">Hydraulic Fracturing</a> <a class="tag-link-67 utcw-tag utcw-tag-international-energy-agency" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/international-energy-agency/" style="font-size:10px" title="1 topic">International Energy Agency</a> <a class="tag-link-29 utcw-tag utcw-tag-investing-in-texas-oil" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:12.4px" title="4 topics">Investing in Texas Oil</a> <a class="tag-link-4 utcw-tag utcw-tag-keystone-pipeline" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/keystone-pipeline/" style="font-size:10.8px" title="2 topics">Keystone Pipeline</a> <a class="tag-link-49 utcw-tag utcw-tag-mexico-eagle-ford" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/mexico-eagle-ford/" style="font-size:11.6px" title="3 topics">Mexico Eagle Ford</a> <a class="tag-link-45 utcw-tag utcw-tag-mexico-national-hydrocarbons-commission" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/mexico-national-hydrocarbons-commission/" style="font-size:10px" title="1 topic">Mexico National Hydrocarbons Commission</a> <a class="tag-link-18 utcw-tag utcw-tag-natural-gas-production" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/natural-gas-production/" style="font-size:12.4px" title="4 topics">Natural Gas Production</a> <a class="tag-link-62 utcw-tag utcw-tag-noodle-canyon" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/noodle-canyon/" style="font-size:10px" title="1 topic">Noodle Canyon</a> <a class="tag-link-13 utcw-tag utcw-tag-oil-and-gas-investing" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/oil-and-gas-investing/" style="font-size:18px" title="11 topics">Oil and Gas Investing</a> <a class="tag-link-19 utcw-tag utcw-tag-oil-exploration" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/oil-exploration/" style="font-size:14px" title="6 topics">Oil Exploration</a> <a class="tag-link-17 utcw-tag utcw-tag-oil-production" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/oil-production/" style="font-size:21.2px" title="15 topics">Oil Production</a> <a class="tag-link-32 utcw-tag utcw-tag-opec" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/opec/" style="font-size:13.2px" title="5 topics">OPEC</a> <a class="tag-link-44 utcw-tag utcw-tag-pemex" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/pemex/" style="font-size:10.8px" title="2 topics">Pemex</a> <a class="tag-link-11 utcw-tag utcw-tag-permian-basin" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/permian-basin/" style="font-size:30px" title="26 topics">Permian Basin</a> <a class="tag-link-57 utcw-tag utcw-tag-shale-oil" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/shale-oil/" style="font-size:10px" title="1 topic">Shale Oil</a> <a class="tag-link-38 utcw-tag utcw-tag-sweet-crude-oil" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/sweet-crude-oil/" style="font-size:10.8px" title="2 topics">Sweet Crude Oil</a> <a class="tag-link-23 utcw-tag utcw-tag-tax-advantages" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/tax-advantages/" style="font-size:10.8px" title="2 topics">Tax Advantages</a> <a class="tag-link-24 utcw-tag utcw-tag-tax-incentives" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/tax-incentives/" style="font-size:10px" title="1 topic">Tax Incentives</a> <a class="tag-link-15 utcw-tag utcw-tag-texas-oil-production" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/texas-oil-production/" style="font-size:22px" title="16 topics">Texas Oil Production</a> <a class="tag-link-12 utcw-tag utcw-tag-texas-railroad-commission" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/texas-railroad-commission/" style="font-size:11.6px" title="3 topics">Texas Railroad Commission</a> <a class="tag-link-37 utcw-tag utcw-tag-u-s-oil-production" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/u-s-oil-production/" style="font-size:13.2px" title="5 topics">U.S. Oil Production</a> <a class="tag-link-40 utcw-tag utcw-tag-unconventional-drilling" href="https://web.archive.org/web/20150405033837/http://www.arescotx.com/tag/unconventional-drilling/" style="font-size:11.6px" title="3 topics">Unconventional Drilling</a> <a class="tag-link-41 utcw-tag 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