Biden delays consideration of new natural gas export terminals, citing climate risk

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By MATTHEW DALY The Associated Press WASHINGTON The Biden administration is delaying consideration of new natural gas export terminals in the United States, even as...

DAILY OIL PRICE: January 25, 2024

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Crude Oil: 77.36   (+2.27). Nymex MTD AVG: 73.0700. Natural Gas: 2.571   (-0.070). Gasoline: 2.2644   (+0.0549). Spreads: March/April   (+0.17)   April/May   (+0.18). Plains WTI Posting:...

Whew! Power grid holds up to Heather

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Winter Storm Heather put Texas’ power grid to the test and the Permian Basin Petroleum Association, State Rep. Brooks Landgraf and the Texas Independent...

Early bird registration begins for Water in Energy Conference

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Things are gearing up for the Permian Basin Water in Energy Conference in March and one of the main headlines is that ExxonMobil has...

Auto dealers up campaign urging Biden administration to halt EPA tailpipe emission limits regulation

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By ALEXA ST. JOHN The Associated Press DETROIT More than 4,700 auto dealerships across the United States urged President Joe Biden in a letter Thursday...

Pfluger joins bicameral call for Biden Administration to withdraw EV mandate

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WASHINGTON, D.C. U.S. Rep. August Pfluger (R-TX) on Wednesday joined U.S. Senators Mike Crapo (R-Idaho), Ted Cruz (R-Texas) and U.S. Representative Tim Walberg (R-Michigan)...

DAILY OIL PRICE: January 24, 2024

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Crude Oil: 75.09   (+0.72). Nymex MTD AVG: 72.8913. Natural Gas: 2.641   (+0.191). Gasoline: 2.2095   (-0.0006). Spreads: March/April   (+0.11)   April/May   (+0.13). Plains WTI Posting:...

DAILY OIL PRICE: January 23, 2024

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Note: The February Contract has expired, and the March Contract is now prompt. Today, the March Contract price decreased by 39 cents. Prompt month to...

Will future oil and gas supplies be adequate?

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The ever-increasing global demand for oil and natural gas poses the question of the adequacy of future supplies and Odessa oilman Kirk Edwards and...

DAILY OIL PRICE: January 22, 2024

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Crude Oil: 75.19   (+1.78). Nymex MTD AVG: 72.7241. Natural Gas: 2.419   (-0.100). Gasoline: 2.2378   (+0.0750). Spreads: February/March   (+0.43)   March/April   (+0.11). Plains WTI Posting:...