It is becoming increasingly clear that there are some members of Congress who lack a basic understanding of the makeup of the U.S. oil and natural gas industry and how oil markets work. This week, Senate Majority Leader Charles Schumer (D-NY) and over twenty Senate Democrats authored a letter to the FTC claiming that the
Read More...Just months after approving the Willow project in Alaska, the Department of Interior has doubled back on oil and natural gas development in Alaska and canceled the only active leases in the state’s Arctic National Wildlife Refuge (ANWR). At the same time, the DOI announced new rules to prevent future oil and natural gas development
Read More...The Ohio Department of Natural Resources (ODNR) recently published 2023 first quarter oil and natural gas production totals showing that oil production surpassed 6.5 million barrels. This is up 65.6 percent over the first quarter of 2022 and nearly 12 percent higher than fourth quarter 2022. Due to its increased production, Ohio now ranks 11th
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