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HomeUS Energy News

US Energy News

Marathon
Exploration and Production

Marathon Oil Adds More Eagle Ford Assets With $3B Ensign Buy

November 4, 2022 Mariel Alumit

Marathon Oil has entered into a purchase agreement to acquire the Eagle Ford assets of Ensign Natural Resources for total cash consideration of $3 billion. The transaction is subject to customary terms and conditions, including closing […]

American
Energy Crisis

Choosing between food and fuel leaves more Americans out in the cold

November 4, 2022 Mariel Alumit

Conversations around Sherri Bukovskey’s kitchen table are much like yours. A dental hygienist from Maine, Sherri remembers the days not long ago when she could keep her home toasty warm in the wintertime for half […]

Gulf of Mexico
Exploration and Production

Gulf of Mexico Operators Transition to Faster, Cheaper Developments as Production Decrease Looms

November 4, 2022 Mariel Alumit

The US Gulf of Mexico (GOM) has long been a sound investment opportunity for operators looking for world-class oil fields, stable government regimes, and predictable regulatory requirements. Since the 1980s, the region’s deeper waters have […]

Wyoming
Coal

Where’s The Promised Support For Wyoming’s Coal Workers?

November 3, 2022 Mariel Alumit

Wyoming leaders for years have been asking what will happen to the state’s workforce as the Unites States transitions away from coal, which once accounted for 50% of the nation’s electricity generation. The effort to […]

Oil and gas
US Energy News

Oil and gas drilling plan OK’d for 55 square miles in Aurora, including area where 12,500 homes are planned

November 3, 2022 Mariel Alumit

Asprawling plan to develop a total of 151 oil and gas wells on 20 sites in the still rural, but quickly developing northeastern edge of the City of Aurora was approved Wednesday by the Colorado […]

Diesel
Commodities

Major Diesel Supplier Warns Of Shortage, Higher Prices

November 3, 2022 Mariel Alumit

Some stakeholders say the U.S. government needs to increase production and expand leasing to oil drilling to avoid a diesel shortage. As persistent inflation strains budgets ahead of the holidays, another shortage threatens to compound […]

Biden
Energy Policy

Analysis: Biden’s threatened windfall oil tax unlikely to pass U.S. Congress

November 2, 2022 Mariel Alumit

WASHINGTON, Nov 2(Reuters) – President Joe Biden’s threat to impose a windfall profits tax on oil companies is unlikely to pass in the U.S. Congress, even if Democrats defy forecasts and manage to maintain their […]

Permian Basin
Exploration and Production

The Permian Basin is America’s largest oil basin, but alone couldn’t fuel US for 200 years

November 2, 2022 Mariel Alumit

Viral Facebook post: A “small area” in western Texas and southeastern New Mexico “has enough oil to fuel America for the next 200 years.” PolitiFact’s ruling: False Here’s why: Does America possess enough oil in 86,000 square miles […]

Diesel
Energy Policy

Diesel Shortage Testing Biden’s Take on ‘America First’: Industry Insider

November 2, 2022 Mariel Alumit

How the Biden administration addresses the shortage of distillate fuel oil in the United States will show if President Joe Biden will put America first, said an industry insider. “From the consumers’ standpoint, [it will show] who […]

Enterprise
LNG

Enterprise ‘convinced’ export customers seeking US NGLs as LNG alternative

November 2, 2022 Mariel Alumit

US midstream operator Enterprise Products Partners considers NGLs exports by the US to be an increasingly attractive option for international customers, with high LNG prices forcing some to turn to cheaper sources of power generation. […]

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