News of the Day:  Unemployment Dips as Economy Adds 2.5 Million Jobs in May, Defying Dire Predictions OIL  OPEC + Set to Extend Oil Cuts as Meeting Called for WeekendJavier Blas & Grant Smith, Bloomberg, June 5, 2020 OPEC+ is set to extend production cuts to prop up the oil market after a breakthrough in high-stakes negotiations, with the alliance … read more

OIL More tax relief for oil and gas could be on the horizon in WyomingCamille Erickson,  KPVI, June 2, 2020 Wyoming lawmakers mulled ways to prop up the ailing oil and gas industry Monday, including possible cuts to state mineral taxes.  The Legislature’s Joint Minerals, Business and Economic Development committee moved to draft a new bill that would cut in … read more

OIL U.S. Producers Prove Better Swing Supplier Than Previously ThoughtDan Eberhart, Forbes, June 1,2020 Today, investor demands are focused on returns, not growth, and capital markets are primarily closed — and were even before the Covid-19 crisis — to all but the strongest shale players. That means the industry largely must live within its means now and not outspend internal … read more