Two energy groups have filed a lawsuit challenging the Department of Interior (DOI) for its failure to hold natural gas and oil lease sales in the third quarter of this year. The lawsuit was filed by the Western Energy Alliance (WEA) and the Petroleum Association of Wyoming (PAW) on Monday at the State of Wyoming…
Energy Groups Are Suing Biden Administration for Not Holding Oil and Gas Lease Sales
US to Auction Almost 1 Million Acres Off Alaskan Coast for Oil Drilling
November 29, 2022
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Alaskabiden administrationBusiness & Marketsdrillingeconomic policieseconomyenergyExecutive BranchInflation Reduction ActInvestmentLocal NewsMarketsoil leasePolicies & ImpactsPoliticsRegional-Local NewsUS
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Almost one million acres off the coast of Alaska will be auctioned off by the Biden administration next month for oil and gas drilling. This is to comply with a mandate in the Inflation Reduction Act (IRA) that was part of a compromise imposed by Sen. Joe Manchin (D-W.V.) on the White House to gain…
Drill for a Greener Planet
September 26, 2022
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Business & MarketsBusiness ColumnistsC02 emissionscarbon capturedrillingeconomyenergyfossil fuelgas pricesinflationJamie DimonOpinionRashida TlaibUSViewpoints
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Commentary One of the worst movies ever made–apart from the bottomless pit of direct-to-video fare—has got to be 2003’s “The Core,” starring Hilary Swank and the insufferable Stanley Tucci. Swiping the Booby Prize long held by 1977’s “Exorcist II: The Heretic,” this “save the planet from itself” journey to the soft Tootsie Roll center of…
US Oil Drilling, Output Moving Higher With Energy Prices
U.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices spur more drilling and well completion activity, according to industry experts. Calls for new oil supplies are being answered by more producers as U.S. prices stay above $100 per barrel, propelled by Russia’s invasion of Ukraine. Prices are…
Australian Cattle Station Giant in Legal Dispute with Energy Supplier over Onshore Fracking
Cattle station landholder Rallen Australia has taken leading natural gas supplier Santos to court for allegedly misleading stakeholders about the extent of their fracking operation in the Beetaloo Basin, situated between Tenant Creek and Katherine. The two major Australian companies appeared in the Northern Territory (NT) Supreme Court on Monday, with Rallen accusing Santos of…
Drilling Activity in Canada to Increase in 2022, Says Petroleum Association
Oil and natural gas drilling in Canada is expected to increase by 16 percent in 2022, according to forecasting from the Petroleum Services Association of Canada (PSAC). “For 2022, we expect drilling activity to be higher than 2019. But, although we’ll be back to pre-COVID levels, we’re not going to be near where we were…
Canada Boosts US Natgas Exports, Drills More as Global Prices Surge
CALGARY, Alberta/NEW YORK—Demand has jumped for relatively cheap Canadian natural gas, driving exports to the United States to three-year highs and prompting producers in Canada to boost capital spending and drilling activity. Global natural gas prices have hit multi-year highs as world economies recover from last year’s slowdown during the pandemic. Now, natural gas stockpiles…
Drilling Nearly Done to Demolish Rest of Collapsed Condo
SURFSIDE, Fla.—Demolition specialists bored holes for explosive charges Sunday as they prepared to bring down the precarious but still-standing portion of a collapsed South Florida condo building. The work has suspended the search-and-rescue mission, but officials said it would eventually open up new areas for rescue teams to explore. The decision to demolish the Surfside…
Official: Drilling Done, Demolition of Collapsed Condo Set
SURFSIDE, Fla.—Demolition specialists finished boring holes and began laying explosives in them Sunday as they prepared to bring down the precarious but still-standing portion of a collapsed South Florida condo building, a top Miami-Dade fire official said. The work has suspended the search-and-rescue mission, but officials said it should eventually open up new areas for…
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