Products derived from oil and gas often get overlooked, but without the resources, Halloween as we know it would not be feasible. From the costumes we wear and the spooky lighting in front yards, to transporting Halloween candy children collect while trick or treating, oil and gas make Halloween possible. Despite the industry’s vital part of…
Recently, the Biden administration released a new proposal that would heavily curtail oil production and development in Alaska. Specifically, the proposed rules would revise the management of the National Petroleum Reserve-Alaska, a 23-million-acre area rich in crude oil. The National Petroleum Reserve has been saved as an emergency oil supply, however actions by this administration…
Fifty years ago, OPEC imposed an oil embargo that sent shockwaves across global energy markets. The crisis gave rise to safeguards like the U.S.’ Strategic Petroleum Reserve and the International Energy Agency (IEA), to name a few. Now, as the future of energy shifts around the globe, we are reminded of both parallels from the…
After intense push back from opposition groups, as well as South Dakota regulators’ rejection of the pipeline’s permit application, Navigator CO2 Ventures, a carbon, capture and sequestration technologies (CCS) company, has canceled its Heartland Greenway project. The project planned to install over 1,300 miles of pipelines to transfer carbon dioxide across the Midwest to sequestration…
This week, the U.S. Energy Information Administration (EIA) published a report detailing that natural gas prices are set to decrease this winter. This comes as a relief from last winter when natural gas prices soared and set a record high since 2008, costing Americans hundreds of dollars more during a period of already high inflation….
The Grow America’s Infrastructure Now Coalition (GAIN) hosted a webinar this week to discuss Louisiana’s leading role in our nation’s energy security, as well as its future importance to our nation and allies abroad. Panelists included Louisiana Congresswomen Julia Letlow (LA-5), API Gulf Coast Regional Director Gifford Briggs, former Louisiana Representative Charlie Melancon, and President…
2023 has been a record year for the U.S. energy industry as exports continue to rise and international dependence continues to fall on U.S. production. From natural gas to crude oil, the United States has exported more energy compared to years before, supplying our allies and developing nations with affordable and dependable energy. The U.S….
Ahead of his appearance in Philadelphia, President Biden and his administration announced that seven regional clean hydrogen hubs have been selected to receive a portion of $7 billion funded by the Bipartisan Infrastructure Law (BIL). The administration said, “the seven selected regional clean hydrogen hubs will catalyze more than $40 billion in private investment and create tens…
The United States has set a record high of crude oil exports, exporting 3.99 million barrels per day in the first half of 2023 according to the Energy Information Administration (EIA). Supplying Europe and Asia with dependable and affordable energy, exports rose almost 20 percent compared to 2022, marking a stark demand for oil despite hostile policies…
In September, activists demanded President Biden completely halt oil and gas production and exports in the U.S., and immediately transition to renewable energy. This misguided outcry for a rapid phaseout of traditional fuels overlooks the complexities of the energy industry and its integral role in our society. Instead of hamstringing the oil and gas that the world…
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