News

Tuesday, April 21, 2020

“A Great Time To Buy Oil” Trump Looks To Fill Strategic Petroleum Reserve

U.S. President Donald Trump suggested the U.S. should add roughly 75 million barrels of oil to the country's Strategic Petroleum Reserve.

Monday, April 20, 2020

The Oil Industry’s Recovery Lacks One Important Ingredient

The growing global oil and gas glut, partly caused by the coronavirus global lockdown but also due to mismanagement of the US shale sector and the OPEC+ price war fall-out, is causing mayhem in all energy sectors.

Friday, April 17, 2020

President Trump is Right to Respond to Oil and Gas Warfare

As Saudi Arabia and Russia manipulate the market, hundreds of thousands of Americans are unemployed and wells are shut in: Opposing view.

Thursday, April 16, 2020

Texas' Oil and Gas Regulators Aren't Ready to Cut Production Yet. They're Not Even Sure How it Would Work if They Did.

The Railroad Commission, which oversees the state's oil and gas industry, took more than 10 hours of testimony about whether the agency should lower production as the coronavirus lowers demand.

Wednesday, April 15, 2020

OPINION: Louisiana Must Act Now to Protect Oil and Gas Jobs

As market disruptions threaten oil and gas jobs across the nation, Louisiana is at heightened risk.

Tuesday, April 14, 2020

BP Tests Offshore Oil and Gas Workers for Coronavirus

Energy major uses private Aberdeen clinic while government struggles with supplies.

Monday, April 13, 2020

Oil Nations, Prodded by Trump, Reach Deal to Slash Production

The deal will reduce output by 9.7 million barrels a day. While significant, the cut falls far short of what is needed to bring oil production in line with demand.

Wednesday, April 8, 2020

Colorado County Approves 1st Set of Oil and Gas Regulations

Commissioners in a Colorado county approved regulations for new oil and gas facilities for the first time.

Tuesday, April 7, 2020

Cabot Oil & Gas: Natural Gas Price Will Rise After Pandemic Subsides

By 2021, the natural gas prices may rally towards the $4.00 mark as analysts predict they will range between $3.25 and $3.50 as the Covid-19 pandemic lapses.

Thursday, April 2, 2020

Stocks jump after Trump predicts Russia, Saudi Arabia will slash oil output

All three of the major U.S. averages had opened the second quarter with losses.