The past several years have been challenging for Colorado oil and natural gas companies who are working to comply with stiff new regulations and surging demand following pandemic shutdowns, but the fundamentals of the Denver-Julesburg Basin remain strong. “When has the DJ been uneconomic?” asked Andrew Haney of Nickel Road Operating during the opening day
Read More...This week, the Colorado Oil & Gas Association is holding its 34th Annual Energy Summit, focusing on how evolving economic conditions and ongoing regulatory overhauls impact the future of the oil and natural gas industry in the state, a role that’s “never been more critical” in the middle of so much uncertainty. Ahead of the
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...Natural Gas – 100 Years Ago Today, August 19, 1922! Tom Shepstone Shepstone Management Company, Inc. …. …. Natural gas news from a hundred years ago offers great perspective for discussing one of the cleanest sources of energy available then and still today. I thought it might be fun and illuminating to look back 100
Read More...Foundations Playing Politics Will Destroy Us If We Don’t Act Tom Shepstone Shepstone Management Company, Inc. …. …. Foundations, operating with tax-exemption they flagrantly abuse, are destroying our civil society by playing elitist politics with energy, food and much more. Politicians of both parties have, for decades now, stood aside as our ruling gentry class
Read More...Misguided claims of gasoline price gouging continue to bounce around Capitol Hill with the latest salvo coming from Energy & Commerce Committee Chairman Frank Pallone (D-N.J.) even though both Democratic and Republican-aligned economists, independent energy analysts, and the media have stated over and over again that no such practices exist. Citing the House Oversight investigation
Read More...Germany Facing Future of No Beer and Cold Shoulders? Tom Shepstone Shepstone Management Company, Inc. …. …. Germany, led by a stubborn former East German who exemplified authoritarianism, went on an Energiewende bender, but is paying the price we told them to expect. Angela Markel led Germany into what we said would be an energy
Read More...The Inflation Reduction Act that was dropped much to the surprise of just about everybody on Wednesday night is a mixed bag when it comes to provisions that could impact U.S. oil and natural gas development. At a time when record inflation is being largely driven by high energy prices and American consumers are paying
Read More...U.S. crude oil inventories decreased 400,000 bbl week-over-week for the week ended July 15, the Strategic Petroleum Reserve. The post EIA: US crude inventories down 6% from 5-year average appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.
Read More...The Biden White House has been under fire for months for making dubious claims about oil markets and why gasoline prices are so high. Here’s the latest example from White House Economic Advisor Heather Boushey, who couldn’t answer the very basic question from a Bloomberg reporter of who is advising the president on gasoline prices.
Read More...Treason: Joe Biden Sells Our Reserve Oil to Enemy China! Tom Shepstone Shepstone Management Company, Inc. …. …. Joe Biden has crossed a line. He has taken oil from our nation’s strategic reserve and sold it to China while claiming to use it for our benefit. It’s treason! Section 3 of the Constitution of the
Read More...If there was any doubt that the U.S. oil and natural gas industry is interested in investing in increasing production on federal lands, it was laid to rest this week: Seventy percent of parcels offered received bids resulting in nearly $22 million during the first onshore sales to take place since early January 2021. That
Read More...Oil and natural gas companies are expanding production activity at a robust pace despite supply chain disruptions and rising costs, according to the most recent Federal Reserve Bank of Dallas survey of energy executives. This quarter’s survey revealed that despite positive top-line numbers, oil and natural gas companies have to navigate several behind-the-scenes challenges to
Read More...The first oil and natural gas federal onshore lease sale in 18 months brought in an incredible nearly $13 million in a single day showing that there is massive interest for investing in increased production. Just over 100 parcels were auctioned today in Wyoming with around 20 more being offered in a second sale tomorrow
Read More...In a letter to Interior Secretary Deb Haaland, a group of Democratic U.S. senators don’t appear to understand the purpose of the five-year outer continental shelf oil and natural gas leasing program that’s required by law. The senators, overwhelmingly representing states with no offshore oil and gas development, are lobbying the administration to leave out
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