NEWS OF THE DAY: From the Washington Examiner, Daily on Energy: US OIL DEMAND RISING: U.S. oil demand bounced back last week rising around 10% after falling the previous week, the Energy Information Administration said today in its Weekly Petroleum Status report. Oil consumption rose to 21.5 million barrels per day from 19.5 million barrels p/d the week prior. Jet … read more

NEWS OF THE DAY: Drilling auctions to resume as Interior appeals oil freeze rulingNiina H. Farah, E & E News, August 17, 2021 The Biden administration is seeking to overturn a judge’s order blocking its pause on federal oil and gas leasing, even as the Interior Department said it planned to comply with the ruling and resume drilling auctions. Interior … read more

NEWS OF THE DAY: American Petroleum Institute sues Biden over oil and gas leasing pauseJosh Siegel, The Washington Examiner, August 16, 2021 The American Petroleum Institute is leading a lawsuit challenging the Biden administration’s indefinite pause on oil and natural gas leasing in federal lands and waters. The suit was filed on Monday. API and 11 other oil industry trade … read more