AdobeStock 68262838
As the state of Oklahoma once again faces a budget shortfall of about $900 million, lawmakers are looking to find ways to create new revenue, including eyeing potential new taxes on the state’s oil and natural gas industry. Meanwhile, oil and natural gas trade organizations and the State Chamber...
Trade Associations
In mid-June, I read with great interest a farewell message written by DrillingInfo’s Chairman, Allen Gilmer, to the members of the Texas Independent Producers and Royalty Owners Association (TIPRO), where he has done a terrific job serving as the association’s chairman for the last two years. I’ve known Gilmer...
Russia and Saudi Arabia
As we leave the 2010s in the rearview mirror and accelerate into the 2020s, the past decade will be forever known as the decade of the “shale boom” “It was the best of times, it was the worst of times…” Just as in Charles Dickens’ classic “A Tale of Two...
Where Will Oil And Gas Go in the 2020's
Where Will Oil And Gas Go in the 2020's - SCOOP/STACK Play – Oklahoma In December, Bison announced that it was acquiring the water infrastructure assets of Gulfport Energy Corp. in the SCOOP area of the Anadarko Basin. The $50 million deal is the latest in a series of infrastructure...
The U.S. Energy Information Administration’s (EIA) Weekly Petroleum Report shows stocks for crude and refined products still rising in the U.S.
If enacted, their policies would abruptly end new natural gas extraction, drive up the cost of energy, cost many tens of thousands of jobs in Pennsylvania, create big holes in state and local government budgets, and increase our dependence on foreign energy sources once again On Nov. 7, Pennsylvania Senator...
AdobeStock 188245684
In 1891, the Railroad Commission of Texas was created by the Texas Legislature to protect Texans from the flourishing railroad industry’s abuse of power and discriminatory rates through regulation. The Commission was Texas’ first regulatory agency and initially maintained jurisdiction over the rates and management of railroads, terminals, wharves...
Playing Political Games with Oil Pressure
North Dakota oil and gas producers have faced many hurdles from politicians and activists united by the goal to “keep it in the ground,” and recent actions in Washington state pose the latest, and highest, hurdle to date. Governor Jay Inslee, an announced Democrat presidential candidate with a $9...
Carbon Tax featured
The National Climate Assessment is the latest in a series of reports that has thrust climate change into the public spotlight — and added to the intensity of calls for a carbon tax. This brief article will illustrate first the arguments put forth by advocates for the carbon tax...
NEPA Reforms
NEPA Reforms and Their Impact on Shale Environmental activists who have been critical of President Trump’s proposed regulatory reforms have engaged in abusive litigation practices that delay vital infrastructure projects making it necessary to revisit the federal rulemaking process, according to congressional figures and energy policy analysts. In January, Trump detailed...
One of the many outcomes of the COVID-19 pandemic is that the cost of shipping crude oil overseas has collapsed. According to a report in the Wall Street Journal today, the average price for chartering oil tankers has fallen by 77% since March as a result of the massive cuts in supply in response to the crash in oil prices.
These are extraordinary and unprecedented times for the oil patch. The world is awash in crude oil from the only-recently paused price war between Russia and Saudi Arabia. That supply glut has been combined with a massive demand drop as economies around the world have been shut in and shut...
SHALE Oil & Gas Business Magazine
“The Premier Magazine Covering the Shale Revolution”
JOIN TODAY
close-link