01 Sep 2021

General
The Federal Trade Commission has promised the White House the agency will be giving extra scrutiny to the oil and gas industry as the Biden administration attempts to ease Americans' rising costs at the pump, specifically vowing to crack down on "illegal mergers." In an Aug. 25 letter obtained by FOX Business, FTC Chair Lina Khan told White House economic adviser Brian Deese that sh...
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31 Aug 2021

General
Aug 30, 2021 (Bloomberg) Enbridge Inc.’s Line 3 oil pipeline, expected to be the first new cross-border oil-sands conduit built between Canada and the U.S. in years, received a boost after a Minnesota appeals court rejected a challenge to a water permit.The ruling removes one more hurdle to completion of the 760,000-barrel-a-day pipe that will expand Canadian oil sands exports to the U....
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31 Aug 2021

Oil and Gas Prospecting
Aug 31 (Reuters) - The Biden administration on Tuesday unveiled land parcels it may auction to oil and gas drillers early next year as it seeks to comply with a federal court order directing the government to resume its leasing program. The U.S. Interior Department said it was evaluating parcels in states including Montana, New Mexico, Mississippi, Alabama and Oklahoma, according to doc...
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31 Aug 2021

General
Oil, gasoline prices rise as Ida kicks hurricane season into a higher gear PUBLISHED MON, AUG 30 20213:10 PM EDTUPDATED MON, AUG 30 20215:11 PM EDT Patti Domm@IN/PATTI-DOMM-9224884/@PATTIDOMM SHAREShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email KEY POINTS Hurricane Ida swept thro...
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11 Sep 2016

Petrophysical Consulting
A long period of low oil prices has saved motorists money at the pump, but languishing crude prices could drive up heating bills. That is because the natural-gas supply is closely connected to oil drilling. Low crude prices have led U.S. oil producers to idle more than a thousand rigs over the past two years, resulting in a big decline in so-called associated gas, a byproduct of oil d...
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