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Oil and natural gas produced from the shale plays around the Lone Star State provide huge revenues to the local and state governments, and those revenues ultimately benefit every citizen in the state.
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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...
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Monday's announcement by Qatar that it is leaving OPEC does not spell the end of that organization, or really do it much harm, despite some of the fright pieces coming from the energy-related news media today. Qatar has not really been a major player within OPEC, a reality that has...
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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...
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Forty years ago Iran used the “oil weapon” against the United States as it sought to influence its support of Israel. Today, President Trump is using the “oil weapon” in an attempt to stop Iran’s attempt to develop nuclear capability. President Trump’s administration said on Monday any country purchasing oil...