What You Need To Know In Oil And Gas Today – 2.8.2017

public domain offshore walkway
public domain offshore walkway

Here are the Top Dozen Oil & Gas stories for February 7, 2017, taken directly from the @GDBlackmon Twitter Feed (that’s me):

The professional protesters at the Dakota Access Pipeline protest site in North Dakota have claimed to be “protectors of the waters and land” for the last several months.  Unfortunately, as the DAPL finally gets the go-ahead for completion from the Army Corps of Engineers, local officials tasked with cleaning up the mess the protestors have made are finding it a monumental task.  The conflict groups who have largely funded the protests are naturally nowhere to be found when it comes to cleaning up their own mess.  No surprise here.:  Dakota Access Pipeline Gets The Go-Ahead As Site Cleanup Begins via @forbes http://www.forbes.com/sites/davidblackmon/2017/02/07/dakota-access-pipeline-gets-the-go-ahead-as-site-cleanup-begins/#23af1af77044

This is not good for anyone – not for the public, not for the Texas government, not for the industry.  And this is why the Texas Legislature needs to finally, at long last, stop under-funding the Texas Railroad Commission.: Shortage of inspectors leaves thousands of oil, gas wells unmonitored http://www.houstonchronicle.com/business/article/Shortage-of-inspectors-leaves-thousands-of-wells-10913787.php?cmpid=twitter-premium via @HoustonChron

Well, sure it would, but not for the reasons this group states.  The Grid would be fine because new natural gas capacity would be built to replace it.: Group Says Texas Electric Grid Would Survive Loss Of Two Coal Plants http://www.houstonpublicmedia.org/articles/news/2017/02/07/187030/group-says-texas-electric-grid-would-survive-loss-of-two-coal-plants/

A truly awful idea whose time will never come.: GOP senior statesmen making push for a carbon tax http://strib.mn/2kKWewR

Ugh.: #Oil prices fall on bloated US fuel inventories, stalling China demand http://cnb.cx/2kFtfrQ

No surprise here.: Some #oil drillers feel the crunch as well costs rise in the hottest US fields http://cnb.cx/2ko65b2

Awesome.  Help is on the way.: Global #oil glut disappearing faster than expected http://on.mktw.net/2lhmFuJ

Another big deal for Parsley Energy.: Fort Worth #oil firm sells Midland Basin assets for $2.8 billion as Permian rush continues http://www.dallasnews.com/business/energy/2017/02/07/fort-worth-oil-firm-sells-midland-basin-assets-28-billion

All 12 of them?: West Texas pipeline protesters called to Standing Rock http://fuelfix.com/blog/2017/02/07/west-texas-pipeline-protesters-called-to-standing-rock/

#GodBlessTexas: #Texas RRC Chair Craddick says she’s optimistic about oil and gas industry’s future http://www.tylerpaper.com/TP-News+Local/271302/texas-railroad-commission-chair-craddick-says-shes-optimistic-about-oil-and-gas-industrys-future-trump-administration#.WJsO4E8Qk6M.twitter

Good. The more, the better.: House passes bill to block Obama land planning rule http://thehill.com/policy/energy-environment/318372-house-passes-bill-to-block-obama-land-planning-rule#.WJsPOd-9XPE.twitter

Cool.: Upstream recovers its attraction – NGW Magazine http://www.naturalgasworld.com/upstream-recovers-its-attraction-ngw-magazine-35835?utm_content=buffer4eefb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer via @NatGasWorld

That’s all for today.  Come back tomorrow for another dozen Things You Need To Know In Oil And Gas.


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