staircase Escalante monument

Trump administration tears down regulations to speed drilling on public land-2/1/18

By Darryl Fears February 1 The Trump administration is aggressively sweeping aside regulations protecting public land to clear a path for expanded oil and gas drilling. A memorandum from the Interior Department, made public Thursday, directs its field offices “to simplify and streamline the leasing process” so that federal leases to the oil and gas industry can be expedited “to …

oil rig

Interior rolls back oil drilling policies for federal land-2/1/18

  The Interior Department implemented a new policy Thursday aimed at streamlining the oil and natural gas drilling process on federal land by cutting back on the opportunities for drilling opponents to slow down the process. A memo signed Wednesday and released Thursday by the Bureau of Land Management (BLM) states that it is the agency’s policy to “simplify and streamline the leasing …

oil tanker

The Oil Price Is Now Controlled By Just Three Men-11/18/18

  Bin Salman, Trump and Putin are calling the market shots. The prince may struggle to defend output cuts against a hostile Trump and indifferent Putin. OPEC has lost what control of the oil market it ever had. The actions (or tweets) of three men — Presidents Donald Trump and Vladimir Putin and Crown Prince Mohammed Bin Salman — will determine the course …