Small, independent oil companies ask Trump for help.

In News by wp_sysadmin

Oil What an oil industry wants Kelsey Tamborrino, Politico, March 11, 2020 THE ASKS: The oil industry is offering up a list of ideas to President Donald Trump it says will help them weather the current market onslaught, sources said. This includes buying crude oil off the market to put into the Strategic Petroleum Reserve, offering low-interest loans, speeding up … read more

There will be blood; Shot in the arm for gas drillers; $2.6m for Livengood

In Uncategorized by wp_sysadmin

Oil There are no winners in oil markets price war Dan K. Eberhart, Forbes, March 9, 2020 The collapse of last week’s OPEC meeting launched an all-out price war that will have far-reaching implications for global oil markets and its three largest producers, the United States, Russia and Saudi Arabia.   Much ink has been spilled on the devastating impact that … read more

Oil’s worst day since the Gulf War; Who’s Backing Coal?

In News by wp_sysadmin

Oil Global oil production war threatens to impact state revenues Matt Leseman, KTUU, March 8, 2020 Alaska is caught in the crossfire of an oil production war between Russia and Saudi Arabia.  “Friday, oil prices dropped almost 10%, in just one day,” said Oil and Gas Analyst Larry Persily.  As of Sunday, the price of Arctic North Slope crude, was … read more