Granholm: We Need Oil.” Stewart: “Cut the Crap, Approve Permits”

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Today’s Key Takeaways:  Secretary Granholm says, “we need oil and gas production to rise.”  President of the U.S. Oil & Gas Association responds:  Cut the crap and approver our permits.”  Germany turns to LNG while U.S. slows their efforts on LNG.  Kinross talks trucking plan in House Resources.   3 questions answered about Biden’s oil ban.  NEWS OF THE DAY: U.S. … read more

U.S. Oil Officials Meet Biden. Santos Storage. Donlin Drilling.

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Today’s Key Takeaways:  Supply chain challenges make growing oil production difficult. Too soon to tell what Russian oil ban may mean for Alaska.  Santos one step closer on carbon capture and storage project. Donlin Gold partners report impressive assays, $60 million program underway.  NEWS OF THE DAY: Why U.S. oil production isn’t growing even fasterBen Geman, Axios, March 9, 2022 … read more

Oil Import Ban. North Slope Production Increase. Nickel Shuts Down Trading.

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Today’s Key Takeaways:  Increased production on the North Slope combined with higher oil prices means more revenue for Alaska. 70% of U.S. voters support increased U.S. oil and gas production. Nickel trading cancelled on London metal exchange after price soars to $100,000/tonne. Energy consultant discusses Alaska’s competitiveness with House Resources committee. NEWS OF THE DAY: Biden on Russian oil import … read more