DOE Boosts LNG. Another Ambler Roadblock. Could Oil Jump to $200/bbl?

In Home, News by wp_sysadmin

Today’s Key Takeaways:  Biden continues to blame oil and gas companies.  U.S. Department of Energy gives LNG exporter permission for additional sales to every country entirely in Europe.  BLM tells AIDEA it has suspended a 50-year right-of-way covering 25 miles of proposed 211-mile road connecting Ambler District to Alaska’s highway system. NEWS OF THE DAY: Biden’s Vast Oil ConspiracyEditorial Board, … read more

Busting at Seams. Aussies Invest Big. Oil Disruptions Looming. $3700 PFD?

In Home, News by wp_sysadmin

Today’s Key Takeaways:  On day one, Biden suspended the authority of local BLM offices to approve leases, drilling permits and mining operations plans.  IEA says large-scale oil supply disruptions are likely as a result of sanctions on Russia.  U.S. natural gas production risks busting at the seams with infrastructure constraints already impacting production.   Australia announced A$500 million ($360 million) in … read more

AK loses in court on land use. Russia’s role immense. Americans driving less.

In Home, News by wp_sysadmin

Today’s Key Takeaways: Federal government beats Alaska’s land use suit.  A question for the President on Oil & Gas.   Russia’s role in the overall global energy economy is immense. It’s the largest natural gas exporter, and the second-largest crude oil exporter after Saudi Arabia.Soaring fuel prices have caused a majority of Americans to drive less and reduce spending. NEWS OF … read more