Tay Wiles If there is one swath of land that holds the most promise for Interior Secretary Ryan Zinke’s vision for energy dominance, it might be southeast New Mexico. The 6-million acre region includes part of the Permian Basin, which stretches into west Texas and is expected to produce more than any other nation except Saudi Arabia by 2023. In August, …
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 …
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 …
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 …