U.S. oil and gas sector activity advanced at a strong pace, although the rate of expansion decelerated in the third quarter, according to the third quarter Federal Reserve Bank of Dallas Energy Survey. The business activity index, a measurement of conditions facing energy companies in the region, came in at 46.0 in the July-to-September period,…
Dallas Fed Survey of Oil Executives Suggests Biden Is ‘Holding Us Back’
December 1, 2022
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‘Reduce Red Tape’: Ottawa Removes Barriers Around Movement of Oil Service Rigs After Request from Alberta and Sask.
Alberta and Saskatchewan have secured a regulatory exemption from Ottawa that will allow oil service rigs to move freely between provinces, according to a Sept. 12 notice issued by Transport Canada. In June 2019, the premiers of both provinces signed a memorandum of understanding to help remove provincial barriers imposed by federal regulations that “needlessly”…
Biden’s ‘Hardline Stance’ Against Oil and Gas Driving Price Hikes: VP of Texas Public Policy Foundation
With recent polls showing that high gas prices are of primary concern to consumers and many experts forecasting gas prices going much higher in the near future, Chuck DeVore, vice president at the Texas Public Policy Foundation, said the Biden administration’s stance on fossil fuels isn’t helping. “We don’t have a lot of rigs out…
Industry Calls on Biden to Lift Moratorium on New Oil, Gas Leases
March 9, 2022
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Biden administration energy policiescrisis in Ukraineeconomygas pricesNational NewsNational Securityoil and gas drillingoil and gas industryoil and gas lease banPolicies & ImpactsPoliticsRussia oil banUSUS News
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Domestic producers in the United States welcomed President Joe Biden’s March 8 order banning Russian oil and gas imports but say his muddled energy policies will prolong consumers’ pain at the pump and inhibit efforts to restore American energy independence. “This crisis should be a wake-up call that we need [a] strategic American energy policy…
US Energy Security is National Security: Louisiana Rep. Johnson
March 6, 2022
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Business & Economyeconomic policieseconomyEuropeMarketsNational Securityoil and gas drillingPoliticsRep Mike JohnsonRepublicansRussia-Ukraine WarUkraineUSUS NewsWorld
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Vice Chair of the House Republican Conference Rep. Mike Johnson (R-La.) said a key factor in achieving national security is to make the United States energy-dominant on the global stage. “Energy security is national security. And this is not just about the pain at the pump. It’s not just about high costs, It’s also about…
Sen. Kennedy Says Biden’s Energy Policy Is a ‘War’ on US Energy and Will Kill Independence
Sen. John Kennedy (R-La.) denounced President Joe Biden’s energy policies, saying they will devastate his state’s economy and make the United States more dependent on other countries for our energy needs. “His war on oil and gas is going to hurt America. It’s going to destroy our energy independence,” Kennedy told Fox News on Wednesday….
4 House Democrats Urge Biden to Rescind Order Halting New Oil and Gas Leases
Four House Democrats from Texas have urged President Joe Biden to rescind his executive order halting new oil and gas leases on federal land and water, saying it will lead to job losses, squeeze budgetary revenues, undercut American energy independence, and will “hurt an already suffering community.” On Wednesday, Biden signed an executive order that set…
4 House Democrats Urge Biden to Rescind Order Halting New Oil, Gas Leases
Four House Democrats from Texas have urged President Joe Biden to rescind his executive order halting new oil and gas leases on federal land and water, saying it will lead to job losses, squeeze budgetary revenues, undercut American energy independence, and will “hurt an already suffering community.” On Jan. 27, Biden signed an executive order…
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