Oil and gas companies must pay more to drill on public lands under new...

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By MATTHEW DALY The Associated Press WASHINGTON Oil and gas companies will have to pay more to drill on public lands and satisfy stronger requirements...

Pfluger introduces legislation to overturn EPA’s methane regulations targeting American energy producers

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WASHINGTON, D.C. Congressman August Pfluger has joined Congressman Jodey Arrington (TX-19) and Tracey Mann (KS-01) in introducing a Congressional Review Act to overturn the...

DAILY OIL PRICE: April 11, 2024

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Crude Oil: 85.02   (-1.19). Nymex MTD AVG: 85.8636. Natural Gas: 1.764   (-0.121). Gasoline: 2.7741   (-0.0075). Spreads: May/June   (+0.57)   June/July   (+0.68). Plains WTI Posting:...

Environmentalists protest as Biden administration approves huge oil export terminal off Texas coast

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By MATTHEW DALY The Associated Press WASHINGTON In a move that environmentalists called a betrayal, the Biden administration has approved construction of a deepwater oil...

Pfluger leads dozens of lawmakers in letter to EPA: Methane fee is unworkable

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WASHINGTON, D.C. House Energy Action Team Chairman August Pfluger (TX-11) led 55 House Republicans in sending a letter to U.S. Environmental Protection Agency (EPA)...

DAILY OIL PRICE: April 10, 2024

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Crude Oil: 86.21   (+0.98). Nymex MTD AVG: 85.9480. Natural Gas: 1.885   (+0.013). Gasoline: 2.7816   (+0.0260). Spreads: May/June   (+0.77)   June/July   (+0.81). Plains WTI Posting:...

DAILY OIL PRICE: April 9, 2024

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Crude Oil: 85.23   (-1.20). Nymex MTD AVG: 85.9189. Natural Gas: 1.872   (+0.028). Gasoline: 2.7556   (+0.0070). Spreads: May/June   (+0.59)   June/July   (+0.96). Plains WTI Posting:...

LNG export ban crimps US ability to compete

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State Rep. Brooks Landgraf and Waco economist Ray Perryman say the Biden administration’s abrupt halt on new LNG export terminal permits is bad every...

Micro-nuclear plants going into oilfield

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The Permian Basin oilfield’s latest innovation is something called small modular reactors, which are so new that they are just now starting to happen. Referred...

Texas oil and gas production records tumbled in 2023

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AUSTIN The state’s major energy industry reached new peaks last year with records set for both oil and gas production. The Railroad Commission regulates the...