The Biden administration held its first onshore oil and gas lease sale of the year in May, nearly a year after the last auction and eight months after provisions within the Inflation Reduction Act mandated that sales continue. Total 2023 onshore lease sales are significantly curtailed from years prior, and with no finalized 2023-2028 Proposed
Read More...New Mexico Thrives As Oil Production Booms in the Permian Bill desRosiers External Affairs Coordinator, Coterra Energy Host, Shale Gas News … … The Permian Basin has made New Mexico the nation’s second largest oil producer and Coterra’s Bill desRosiers reports on the remarkable growth and success. The annual Carlsbad Mayor’s Energy Summit, held October
Read More...According to the U.S. Energy Information Administration, Texas’ and New Mexico’s Permian Basin, is projected to increase oil output by 50,000 barrels per day—bringing overall production to a record-high of 5.453 million barrels per day throughout November. This is the largest increase in oil production between the six oil and natural gas drilling regions in
Read More...shale gas news Bill desRosiers External Affairs Coordinator, Coterra Energy Host, Shale Gas News … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about U.S. gas storage, oil production, recession risks and much more last week. The Shale Gas
Read More...Inflation Reduction Act A Bold Raid on American Taxpayers American Energy Alliance …. …. [Editor’s Note: The Inflation Reduction Act delivered by Biden, Pelosi, Schumer and Manchin is pure corporatist highway robber; green grifting on an absolutely grand scale.] Today, President Biden is returning to the White House to sign the Inflation Reduction Act, a
Read More...After President Biden ignored invitations to see first-hand how hardworking Americans across the country produce, transport and supply energy from the well head to your home, choosing instead to visit Saudi Arabia and attempt to negotiate OPEC into increasing its oil production to lower U.S. energy prices, OPEC responded this week by announcing one of
Read More...Biden Making Foreign Energy Dependence Great Again ... … … [Editor’s Note: The Biden administration is committed to making foreign energy dependence great again by attacking oil and gas development on every front and killing refineries.] Chevron CEO Mike Wirth does not expect another oil refinery to be built in the United States ever again, due to
Read More...oil and gas … …[Editor’s Note: Incredibly, Joe Biden, our White House occupant, is seemingly determined to wipe out our oil and gas even as China wraps its arms around its own energy industry.] While the U.S. government is doing all it can to keep our nation’s fossil fuels in the ground, China is investing
Read More...AmericanEnergy Alliance …. …. [Editor’s Note: The Joe Biden puppeteers and Chinese controllers are clearly aiming to undo American energy independence and, once again, make us dependent on foreign energy.] Last week OPEC+ talks on oil production quotas for member nations stalled and, as a result, oil prices rose. The Biden administration is somewhat concerned
Read More...... … … [Editor’s Note: China let its virus loose upon the world and is now using it to build energy reserves, while pretending to be a renewables leader.] China is considered a developing country for purposes of the Paris Accord and certain trade treatments, despite it being the second largest economy in the world.
Read More...Robert P. MurphySenior Economist, Institute for Energy ResearchPrincipal, Consulting by RPM … … Capitalism, and revulsion to it, is at the heart of the opposition to oil and gas development by today’s global warmists and fractivists. They’re wrong. Presumably bolstered by the fiery claims of Greta Thunberg and the general theme of Climate Week, people
Read More...Canadian Natural Resources last week evacuated its Pelican Lake and Woodenhouse operations in northern Alberta, the first major shut-in of oil production triggered by wildfires in 2019, Kallanish Energy reports. The producer removed all 240 people working at the two sites, stopping a combined 65,000 barrels per day of heavy crude production, according to a statement
Read More...... … … U.S. energy exports are growing in a big way and are already leading to U.S. energy dominance, a result thought impossible by many until the shale revolution. The International Energy Agency’s (IEA) five-year outlook expects that the United States will overtake Russia and potentially Saudi Arabia as an oil exporter by 2024. The U.S. shale
Read More...Just two months after the New York Times reported that Texas and New Mexico’s Permian Basin could surpass Saudi Arabia’s Ghawar oilfield to become the highest producing oilfield in the world in the next three years, data released this week provided a new take: It already did. Now we know the Permian basin is now
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