During the leadup to the 1968 Super Bowl between the Baltimore Colts and the New York Jets, Jets quarterback Broadway Joe Namath became famous for boldly guaranteeing that his team would defeat the heavily-favored Colts. Sure enough, the Colts offense failed to produce points and Namath led the Jets...
On Tuesday, a day when BP announced its estimate that global demand for crude oil has again reached 100 million barrels of oil per day, and a day when OPEC+ announced 6 of its 13 member countries have been under-producing their supply quotas in recent months, management at Diamondback...
Oklahoma Included in EIA Coal to Natural Gas Conversion List
As Joe Biden and the world’s elites make plans to hop on their private jets and fly over to Glasgow on Halloween to attend the UN’s COP26 climate summit, Biden’s plans to go green are falling apart. Oil prices are through the roof, gas prices are through the roof,...
PRESS RELEASE UPDATED: SEP 28, 2021 Meridian Energy Group BELFIELD, N.D., September 28, 2021 (Newswire.com) - Meridian Energy Group Inc., a leading innovator in the petroleum-refining industry, announced today that it has entered into a long-term offtake agreement with Musket Corporation, a leading commodity supply, trading and logistics company, for the...
INSTEAD OF A PREDICTION, HERE’S A PLAN
Oct 11, 2021 HOUSTON, Oct. 11, 2021 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced its subsidiary, Apache Corporation, has ended routine flaring in its U.S. onshore operations, achieving one of its 2021 ESG goals three months ahead of schedule. “In early 2021, we set out to eliminate routine flaring...
On Monday, IEA head Fatih Birol the EU Parliament's Energy and Environment Committee that "It is inaccurate and unfair to explain these high energy prices as a result of clean energy transition policies. This is wrong." This is, of course, utter and complete nonsense. Of course the "clean energy transition...
Jul 19, 2021   Corpus Christi, TX, USA – The Port of Corpus Christi ended June 2021 with a new record quarter and a record first half of the year, moving nearly 80.5 million tons of cargo in the first six months of the year. The Port’s first-half 2021 total tonnage yielded...
What Rocky Mountain Producers Can Expect Under a Biden Administration
By Ike Brannon Senate Majority Leader Charles Schumer recently announced that he would take up the multi-trillion dollar budget reconciliation bill later in July, and part of that package will include a variety of tax increases that total over $1 trillion over the next ten years. It is worth asking how...
THE POLICY GOAL OF ENERGY
Confession: I voted for Greg Abbott to be Texas’s governor, not once but twice. But on Wednesday, the Governor made a statement so at odds with all available public information and frankly out of touch with reality that I and many other Texans will have to think long and...
They say it is a dog-eat-dog world, and that phrase has never been more applicable than in the oil and gas industry. With the race to new energy development, several of the big players are shoring up strategy. Royal Dutch Shell Plc, BP Plc, Sinopec, and Equinor ASA are...