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Biden Admin Has Issued Record Low Offshore Oil Permits
By Nick Pope
The Biden administration has approved a record low number of permits for new offshore oil wells since 2005, according to E&E News.
The Bureau...
Report: Texas Oil and Natural Gas Production Reaches New Record in September
(The Center Square) – Production of oil, natural gas, and natural gas liquids (NGLs) reached new record highs again after surpassing 30- to 40-year...
Report: U.S. Oil and Natural Gas Industry Made Accelerated Progress in Emissions Reductions
By Bethany Blankley
(The Center Square) – The U.S. oil and natural gas industry has made “accelerated progress in emissions reductions,” according to a new...
Manchin Unloads on Biden Admin for Curtailing Oil Activity in Alaska
By Nick Pope
Democratic West Virginia Sen. Joe Manchin torched President Joe Biden and his administration Thursday for their aggressive moves to curtail oil activity...
Mewbourne Oil Pays $5 Million to New Mexico, Federal Government Over Violations
By Tom Joyce
(The Center Square) Texas-based Mewbourne Oil Company will pay a $5.5 million penalty and spend at least $4.6 million on projects to make...
Job Growth, Oil Price Increases Suggest Further Interest Rate Hikes Are on Way
Another week with more confusing, conflicting information about the state of the economy indicates further interest rate hikes are on the way.
The Week That...
North Dakota Officials Say New Oil Leasing Guidelines Will Hurt Domestic Production
By Kim Jarrett
(The Center Square) - Proposed changes to oil leasing guidelines will discourage domestic energy production, North Dakota officials said.
The Bureau of Land...
Agriculture, Oil and Gas Give North Dakota The Highest GDP Growth
By Kim Jarrett
(The Center Square) - North Dakota took the top spot in gross domestic product growth and earnings growth, according to recent data...
Shell CEO Says to Cut Oil Production Would Be “Dangerous”
By James Lynch
Shell’s new CEO Wael Sawan has no plans to cut oil production anytime soon as the industry moves towards renewable energy, he...
Biden Administration’s Possible Endangered Listing Threatens Oil and Gas Production
The U.S. Fish and Wildlife Service (FWS) has proposed listing the dunes sagebrush lizard, which resides in a limited range in the oil-producing part of West Texas and southeast New Mexico, as an endangered species.