I participated on a webinar hosted by U.S. Energy Development on Wednesday, March 9th.
Here is a link to the replay: https://app.box.com/s/opy6ew73qxi9s2wip2tocx11ql4ce90w
Our conclusion is the that the global oil market is going to be tight and likely under-supplied through at least 2030.
Interview by U.S. Energy Development - March 9
Interview by U.S. Energy Development - March 9
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Interview by U.S. Energy Development - March 9
This country and all of the OECD countries need to kick the children (AOC's gang of wackos) out of the room and come up with a "All of the Above" energy plan or else there will be widespread energy poverty.
Oil groups react to Biden Russia oil ban. Rigzone.
Several U.S. oil and gas industry groups have reacted to U.S. President Joe Biden’s announcement that the U.S. is banning all imports of Russian oil and gas and energy. The Texas Independent Producers & Royalty Owners Association’s (TIPRO) president, Ed Longanecker, said Biden’s decision to ban Russian energy imports means domestic production is now more important than ever. “Texas producers stand ready to meet growing demand for oil and natural gas. The Lone Star State has been and will continue to lead the nation in domestic energy production, and we embrace the role we play in establishing U.S. energy security,” Longanecker added. Todd Staples, the president of the Texas Oil & Gas Association (TXOGA), said, “this crisis should be a wakeup call that we need strategic American energy policy that treats oil and natural gas as an asset and not a liability”. “The suffering of consumers at the pump underscores the importance of domestic energy production, and American consumers are feeling the repercussions of cancelled pipeline projects, delayed approvals for permits and the discouragement of additional expansion, poor decisions all exacerbated by the war,” Staples added.
Energy experts laud new tone as Granholm, Biden admin call for more US oil and gas. Fox Business.
Energy experts say they welcome a change in tone from Biden administration officials on domestic energy production amid a global shock to energy markets caused by Russia's brutal war on Ukraine. Among the comments this week indicating a potential shift from the Biden administration were remarks from Energy Secretary Jennifer Granholm asking energy executives to start "producing more right now." She said that in a speech at the CERAweek by S&P Global energy conference in Houston.
Oil groups react to Biden Russia oil ban. Rigzone.
Several U.S. oil and gas industry groups have reacted to U.S. President Joe Biden’s announcement that the U.S. is banning all imports of Russian oil and gas and energy. The Texas Independent Producers & Royalty Owners Association’s (TIPRO) president, Ed Longanecker, said Biden’s decision to ban Russian energy imports means domestic production is now more important than ever. “Texas producers stand ready to meet growing demand for oil and natural gas. The Lone Star State has been and will continue to lead the nation in domestic energy production, and we embrace the role we play in establishing U.S. energy security,” Longanecker added. Todd Staples, the president of the Texas Oil & Gas Association (TXOGA), said, “this crisis should be a wakeup call that we need strategic American energy policy that treats oil and natural gas as an asset and not a liability”. “The suffering of consumers at the pump underscores the importance of domestic energy production, and American consumers are feeling the repercussions of cancelled pipeline projects, delayed approvals for permits and the discouragement of additional expansion, poor decisions all exacerbated by the war,” Staples added.
Energy experts laud new tone as Granholm, Biden admin call for more US oil and gas. Fox Business.
Energy experts say they welcome a change in tone from Biden administration officials on domestic energy production amid a global shock to energy markets caused by Russia's brutal war on Ukraine. Among the comments this week indicating a potential shift from the Biden administration were remarks from Energy Secretary Jennifer Granholm asking energy executives to start "producing more right now." She said that in a speech at the CERAweek by S&P Global energy conference in Houston.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Interview by U.S. Energy Development - March 9
Biden and some in media are saying upsurge in gasoline all due to Putin not the big guys fault