Latest News

Biden’s 5-Year Offshore Oil Plan to Have Historically Few Lease Sales

By: Reuters – The Biden administration’s five-year plan for offshore oil and gas leasing will not include any sales in 2024 and...

While there’s been a lot of angst over the shrinking US inventories, there are yet to be any concrete signs of a slowdown in American exports.

27

International

Plunging US Oil Supply Is Driving Up Prices Around the World

While there’s been a lot of angst over the shrinking US inventories, there are yet to be any concrete signs of a...

Over the past year, few currencies have done worse than Russia’s rouble, today, the American Dollar will buy almost 100 of them.

33

International

The costs of Russia’s war are about to hit home

Over the past year, few currencies have done worse than Russia’s rouble. Last September an American dollar bought just over 60 of...

ExxonMobil lost a court bid Wednesday to truck millions of gallons of crude oil through central California

43

Oil & Gas News

ExxonMobil loses bid to truck millions of gallons of crude oil through central California

SANTA BARBARA, Calif. (AP) — ExxonMobil lost a court bid Wednesday to truck millions of gallons of crude oil through central California...

Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings from scientists about fossil fuels

39

Exploration

Britain approves new North Sea oil drilling in welcome news for the industry but not activists

LONDON (AP) — Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings...

The Fed, Interest Rates and Inflation. The Fed kept their benchmark borrowing rate steady, by not making their 12th interest rate hike.

29

Oil & Gas News

Will the Fed raise interest rates one more time this year? Some economists aren’t convinced

The Fed, Interest Rates and Inflation; a Story By Sarah Foster |Bankrate| Consumers and investors were spared from a 12th rate hike...

So why are gas prices spiking now? And why do Californians always pay more? Rising oil prices & declining gasoline stockpiles are to blame.

39

Oil & Gas News

Why do Californians pay so much for gas?

Story By Marc Sternfield|KTLA, via Yahoo News| Gasoline prices in California edged higher again on Tuesday, hitting an average of $5.84 per...

Higher oil prices may not cause a recession and may not last long, even as oil prices have climbed by more than a third since the end of June

71

Oil & Gas News

High Oil Prices May Not Cause A Recession and May Not Last Long Say Analysts

STORY By By MACK WILOWSKI |Investopedia| Higher oil prices likely won’t cause consumer spending and gross domestic product (GDP) to decline, Goldman Sachs (GS) analysts said...

Anadarko Basin E&P Mach Resources is planning an initial public offering, according to preliminary regulatory filings. Oil and energy news.

157

Oil & Gas News

Former Chesapeake, SandRidge Exec Plans IPO for Anadarko E&P

Story By Chris Mathews | Hart Energy, via Yahoo News| Midcontinent oil and gas producer Mach Resources is planning to go public,...

51

Oil & Gas News

Permian Production Dips, Projections Show Growth is Coming

By: Carlsbad Current-Argus – Oil and gas operations in the Permian Basin continued to decline this week, signaling American supplies were meeting...

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Latest News

Biden’s 5-Year Offshore Oil Plan to Have Historically Few Lease Sales

Plunging US Oil Supply Is Driving Up Prices Around the World

The costs of Russia’s war are about to hit home

ExxonMobil loses bid to truck millions of gallons of crude oil through central California

Britain approves new North Sea oil drilling in welcome news for the industry but not activists

Will the Fed raise interest rates one more time this year? Some economists aren’t convinced

Why do Californians pay so much for gas?

High Oil Prices May Not Cause A Recession and May Not Last Long Say Analysts

Former Chesapeake, SandRidge Exec Plans IPO for Anadarko E&P

Permian Production Dips, Projections Show Growth is Coming

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Relationship between Saudi Arabia and U.S. becomes cold

Biden’s 5-Year Offshore Oil Plan to Have Historically Few Lease Sales

Plunging US Oil Supply Is Driving Up Prices Around the World

The costs of Russia’s war are about to hit home

ExxonMobil loses bid to truck millions of gallons of crude oil through central California

Britain approves new North Sea oil drilling in welcome news for the industry but not activists

Will the Fed raise interest rates one more time this year? Some economists aren’t convinced

Why do Californians pay so much for gas?

High Oil Prices May Not Cause A Recession and May Not Last Long Say Analysts

Former Chesapeake, SandRidge Exec Plans IPO for Anadarko E&P

Permian Production Dips, Projections Show Growth is Coming

Chevron’s Strike-Hit LNG Facility Resumes Full Production

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