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California, the seventh-largest U.S. oil producer, has put a near halt on issuing permits for new oil and gas drilling this year. The state’s Geologic Energy Management Division has approved seven new active drilling well permits in the first half of 2023, which compares with over 200 it had issued by this time last year. The […]
The Organization of Petroleum Exporting Countries (OPEC) and fellow oil-producing allies (OPEC+) are back in the driver’s seat as U.S. shale oil is no longer the marginal fuel due to President Joe Biden’s anti-oil and gas policies. Brent oil jumped to $85 a barrel since members of OPEC+ including Russia announced production cuts of 1.16 million barrels per day on […]
WASHINGTON DC (11/02/2022) – Joe Biden and Congressional Democrats have a plan for American energy: make it harder to produce and more expensive to purchase. Since President Biden took office, his administration and Congressional Democrats have taken over 125 actions deliberately designed to make it harder to produce energy here in America. A PDF of […]
The Energy Information Administration (EIA) forecasts that nine new fields will come online in the deep waters of the Gulf of Mexico this year, which will account for 5 percent of natural gas production and 14 percent of oil production in U.S. federal Gulf of Mexico waters by the end of 2023. However, EIA expects that […]
On Monday, a group of 11 U.S. Senators wrote a letter to President Biden complaining about the high price of gasoline. Like the Secretary of Energy, these Senators get some basic facts wrong about the oil market in the United States and around the world. In this case, the Senators are wrong because the United […]
After decades of government interference, capitulation, inaction, stupidity, and outright lies, the U.S. will soon return to its rightful place as the number one energy producer in the world. Man, I want to be a fly on the wall at the Sierra Club, CAP, NRDC, Defenders, 350, and Al Gore’s private jet and/or mansion on […]