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...
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...
AdobeStock 104353162 1
The federal government has issued an extensive report that gives a gloom-and-doom assessment of civilization unless drastic measures are taken soon to stop climate change. Of course, stopping, or even slowing, climate change is very difficult, if not impossible, because the climate has always changed and will continue to change. The...
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...
map usa
Bakken Shale – North Dakota/Montana Houston-based pipeline operator Targa Resources closed a deal in early April to sell a minority stake in its Bakken-region pipeline operations to New York-based GSO Capital Partners and Blackstone Tactical Opportunities. The purchasers obtained a 45 percent stake in Targa Badlands LLC for $1.6...
How Natural Gas Keeps Electricity Cheap and Plentiful in Pennsylvania
As the current session of the Texas legislature winds down to a merciful end, it has now become obvious that members of the house and senate will once again fail to enact needed reforms designed to stabilize the grid and protect citizens from deadly weather events like the one...
Russian oil minister Alexander Novak warned Tuesday that global oil prices could hit $300 per barrel in the event of an import ban. Novak went onto suggest that Russia could shut down the Nord Stream 1 pipeline, which supplies much of Europe’s natural gas needs, in retaliation for a...
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...
IMG 1834
I got a little irritated Thursday evening when a writer at the National Review Online claimed that the "feds" had "discovered" the largest oil and gas reserve in history, and responded on Twitter as follows: https://twitter.com/GDBlackmon/status/1070812216482500614 I mean, c'mon, how hard is this to understand? The federal government had literally nothing to...
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,...