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HomeUS Energy News

US Energy News

Crude Oil News

U.S. Crude Oil And Refined Products Exports Are Driven By Production Growth

May 29, 2023 Mariel Alumit

Consider this fact: Three of every five barrels of crude oil produced in the U.S. are exported, either as crude oil or in the form of gasoline, diesel, jet fuel or other petroleum products. Sure, […]

As Utilities Switch From Coal To Natural Gas, Biden Administration
Coal

As Utilities Switch From Coal To Natural Gas, Biden Administration … does not understand physics, permitting reform, or planning.

May 29, 2023 Mariel Alumit

ENB Pub Note: Cowboy State Daily is one of the nation’s best news sources. Following them is worth your time. They point out several key points for the energy transition from the Biden administration. Setting […]

Exploration and Production

BLM New Mexico conducted a lease sale offering $78,844,369 million.

May 28, 2023 Mariel Alumit

SANTA FE, N.M. — Today, the Bureau of Land Management New Mexico State Office conducted a lease sale offering 45 parcels totaling 10,123 acres within Cheyenne County, Kansas, and Eddy, Lea, and Chaves counties, New Mexico, […]

Chevron Chairman and CEO Mike Wirth
Big Oil Companies

Chevron PDC Deal About Addition, Not Substitution

May 28, 2023 Mariel Alumit

Oil and gas acquisitions in the era of capital discipline have often been a matter of “high-grading” portfolios by pushing out lower-return, more carbon-intensive assets. But Chevron CEO Mike Wirth tells Energy Intelligence that his firm’s agreed […]

Big Oil Companies

Warren Buffett Adds Another $200 Million in Occidental Stock – Is it still a buy?

May 28, 2023 Mariel Alumit

At a conference about energy finance and the energy transition on May 19, Occidental Petroleum CEO Vicki Hollub stated it plainly, “We will never walk away from oil and gas…and our carbon management business will […]

America’s big shift to green energy has a woolly mammoth problem
Climate Crisis

America’s big shift to green energy has a woolly mammoth problem

May 28, 2023 Mariel Alumit

America’s renewable energy drive needs more than a million miles of new transition lines but emerging resistance includes opponents worried about building them in one of the country’s richest areas of ice-age fossils. The Greenlink West project […]

EPA
Climate Crisis

In Sackett v. EPA, Supreme Court Votes to Affirm Private Property Rights

May 26, 2023 Mariel Alumit

In a historic decision in the case of Sackett v. EPA, the Supreme Court voted to limit the number of waterways that are within the regulatory jurisdiction of the Environmental Protection Agency (EPA). The unanimous decision reverses previous […]

Texas
Energy Crisis

Texas power struggle: How the nation’s top wind power state turned against renewable energy.

May 26, 2023 Mariel Alumit

State Rep. Jared Patterson disagreed with his Republican colleague that Texas should keep supporting the booming renewable energy industry here. Rep. John Smithee was arguing on the House floor in early May that certain solar […]

Oil
Crude Oil News

US oil and gas auction yields nearly $80 million for federal coffers

May 26, 2023 Mariel Alumit

(Reuters) – The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage of President Joe Biden’s landmark climate change law, attracting more than $78 million in […]

oil
Crude Oil News

Blocking US oil drilling will backfire on Biden’s climate agenda: report

May 25, 2023 Mariel Alumit

The carbon intensity of U.S. oil and gas drilling, especially offshore production in the Gulf of Mexico, is significantly lower than foreign alternatives, according to an energy industry report released Tuesday morning. The report — by […]

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