Per the Colorado Capital Report, Statewide opposition to Proposition 112 has grown to unprecedented levels! And why wouldn’t it, Proposition 112 would financially cripple the entire state! PLEASE READ for more information about Proposition 112. Below are numerous reasons to vote NO to Proposition 112 this November 18th.
Did you know there was a National Petroleum Day? Well, there is ……. and August 27 is that day! It is also known as Oil and Gas Industry Appreciation Day. Crude oil was first pumped from the ground in China’s Sichuan Province 2,500 years ago. U.S. discovery is credited to Edwin L Drake on August
• The mood music in the energy market has been heavily influenced by a flurry of demand-side developments of late, with investors continuing to monitor an escalating trade war between the U.S. and China, the financial crisis in Turkey and a resurgent U.S. dollar. • Yet, industry analysts point out the U.S. shale boom is
There’s no question; the American energy renaissance has delivered significant economic and environmental benefits – so significant that it can be easy to take our new energy reality for granted. With gas prices low and imports down, adding production capacity may not seem as urgent. But, just as today’s energy security is the result of
Exxon Mobil on Monday said it plans to invest $50 billion in the United States over the next five years, saying its decision is partly due to corporate tax cuts. The investment, $15 billion of which had already been announced, will go towards increasing production in the Permian basin in western Texas and eastern New
2017 was a year of optimism for the upstream oil and gas industry. With oil prices upwards of US$60 per barrel (bbl), investment stabilising, and new project sanctions on the rise, Wood Mackenzie suggests that 2018 will also be a year of confidence for industry stakeholders, as tight oil will enter its second great phase of
Oneok recently announced plans for a 900-mile natural gas liquids pipeline that will accommodate increasing North Dakota production and play a role in reducing natural gas flaring. The proposed Elk Creek Pipeline will have the capacity to transport up to 240,000 barrels per day of natural gas liquids from a terminal near Sidney, Mont., to