Legislators have proposed a ban on a series of oil extraction methods, including hydraulic fracking, as well as a well-operation buffer zone. But with Gavin…
Author: News
US Drilling Rig Count Hits a 10 Month High
US Rig count top 400 at 402, highest since May 2020 According to reports, drilling is picking up quickly and Texas seems to be the…
High prices will prompt OPEC+ to step up its production
High prices will prompt OPEC+ to step up its production by 500 kb/d, while at the same time withdrawing Saudi Arabia’s additional production cut.” –Eugen…
Republicans are Blaming Frozen Wind Turbines?
Texas has its own separate electrical power grid apart from the rest of the US. This was primarily done for political purposes so that the…
Vaca Muerta Crude Oil Production field grew 39%
After the start-up of the Argentine Natural Gas Production Promotion Plan in January, the activity of the Vaca Muerta hydrocarbon field grew 39% compared to December of last year. …
Texas Gov. Abbott moves to combat President Biden’s energy and climate agenda
During a news conference in Odessa, the Republican governor vowed that Texas would pursue an aggressive legal strategy against the Biden administration. Governor Abbott Holds…
BP to sell 20% stake in Oman’s Block
bp to sell 20% stake in Oman’s Block 61 to PTTEP bp agrees to sell interest to PTT Exploration and Production Public Company Limited for…
Biden Looks to end Taxpayer Subsidies for U.S. Oil And Gas
The President said: “Unlike previous administrations, I don’t think the federal government should give handouts to ‘big oil’ to the tune of $40 billion in…
David Harsanyi Believes Biden Wants to End Fracking
David Harsanyi is a senior writer for National Review and the author of First Freedom: A Ride through America’s Enduring History with the Gun. David Harsanyi Believs Biden…
Serbia will not be blackmailed by anyone into buying more expensive gas
Serbia opens pipeline for Russian gas, ignores US Business and Geopolitical opposition. Although when he was in Washington, Vucic signed a pledge to reduce Serbia’s…
Crude oil hits 8% weekly gain and an 11-month High
Crude oil soars on Saudi production cut announcement. this comes as OPEC is expected to discuss production cuts for February. OPEC+ is responsible for 60…
Oil Prices Continue to Climb after Large Crude Draw
Oil Prices Continue Climb On Large Crude Draw. The American Petroleum Institute (API) on Tuesday reported a decrease of 4.785 million barrels of crude oil…
American Oil Politicians say “No Russian oil For Germany”. They need to buy American oil!
Moscow argues that America is trying to lasso the European energy market for its own corporate giants.
Texas billionaires Dan and Farris Wilks got a $35 million coronavirus relief loan, thanks to Ted Cruz
Another day at the Office for Ted. Rafael Edward Cruz, the Junior United States Senator for Texas, convinced the trump admin to give $35m in…