Summary EIA reported that the U.S. implied gasoline demand on a 4-week basis is now below 2020. This raises far more questions than answers, as all the other empirical data suggests otherwise. While we do […]
Midstream operators in the Permian Basin are racing to add natural gas processing capacity to accommodate booming production in the Texas shale patch, with Targa Resources the latest company to announce plans for a new […]
Beginning this month, the Environmental Protection Agency (EPA) is conducting flyover inspections of Permian Basin oil and gas producers to check emissions levels. The agency will use helicopters equipped with infrared cameras to check for […]
This week’s Baker Hughes rig count shows that U.S. had an decrease of 3 over last week, resulting in a total count of 764 rigs. Canada had an decrease of 1 over last week, resulting in a […]
Chesapeake announced this week that it is solidifying its strategic focus on its “core” Marcellus and Haynesville positions. “Our acreage positions in the Marcellus and Haynesville are truly differentiated with industry leading capital efficiency, deep […]
California Atty. Gen. Rob Bonta announced Monday that the state has reached a settlement with the federal government to halt new oil and gas leases on public lands in Central California until the potential risks […]
Mesa Verde National Park and Dinosaur National Monument have long been threatened by oil and gas drilling, but researchers are hopeful COLORADO, USA — Oil and gas development is threatening some of Colorado’s best known […]
U.S. liquified natural gas exporter Freeport LNG has reached an agreement with U.S. regulators on certain conditions so that it can resume initial operations in early October. On 3 August, Freeport LNG and the Pipeline […]
Crude prices fell more than 3% on Wednesday afternoon. Biden’s special advisor Hochstein said that crude prices need to go even lower. Hochstein notes this is the 50th day that gasoline prices have gone down […]
The climate and tax spending deal announced last week by Senate Majority Leader Chuck Schumer and Senator Joe Manchin could cost billions in new taxes. The legislation, which may get a Senate vote as soon as this […]
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