OPEC

Producers in the Gulf of Mexico supply about 2 million barrels of oil a day, or 15% of U.S. production.

Energy and Environment

Industry officials say Trump administration rebuffed requests for oil royalty payment relief

Josh Siegel · April 8, 2020 7:27 pm

Energy and Environment

US oil production to fall for first time since 2016

Josh Siegel · April 7, 2020 5:13 pm

Harold Hamm, executive chairman of the Oklahoma City-based shale producer Continental Resources, has encouraged the Commerce Department to initiate a Section 232 investigation into Russia and Saudi Arabia for excessive dumping in oil markets.

Energy and Environment

Shale billionaire says oil tariffs are Trump’s ‘biggest weapon’

Josh Siegel · April 6, 2020 7:48 pm

President Trump said he spoke with Russian President Vladimir Putin to encourage him to resolve an oil price war with Saudi Arabia.

Energy and Environment

Trump says Saudi Arabia and Russia to cave in oil price war

Josh Siegel · April 2, 2020 2:53 pm

Beltway Confidential

Oil, gold, and the coronavirus economy

Bruce Yandle · March 22, 2020 4:00 am

The U.S. has become a net oil exporter thanks to the shale boom, but refineries still depend on imports.

Energy and Environment

‘Incredibly damaging’: US oil lobby chief opposes proposal to have Texas conspire with OPEC

Josh Siegel · March 20, 2020 6:36 pm

President Trump meets with Saudi Crown Prince Mohammed bin Salman in the Oval Office of the White House, Tuesday, March 20, 2018, in Washington.

Energy and Environment

Trump looks for ‘medium ground’ deal to end Saudi-Russia oil price war

Josh Siegel · March 19, 2020 6:40 pm

Rep. Garret Graves, top Republican of a House climate change committee, said GOP members agree with Democrats on at least some narrow policy issues, such as promoting adaptation measures, spending and tax credits for clean energy technologies, and modernizing the electricity grid.

Energy and Environment

Louisiana Republican Garret Graves pushes Trump for ‘national response’ to halt oil price crash

Josh Siegel · March 17, 2020 10:15 pm

The U.S. is home to the Permian Basin, the world's most productive oil field.

Energy and Environment

Oil production on federal lands topped 1B barrels in 2019, up 29% from Obama administration

Andrew Mark Miller · February 12, 2020 7:39 pm

Saudi Arabia reported two of its oil tankers were attacked off the coast of the United Arab Emirates in attacks last May. One of them was en route to pick up Saudi oil to take to the United States.

Energy and Environment

Oil infrastructure at risk as Iran looks to avenge Soleimani’s death

Josh Siegel · January 3, 2020 10:59 pm

T. Boone Pickens smiles as he speaks during the Texas Conservative Coalition Research Institute Irving Energy Summit Thursday, July 19, 2012, in Irving, Texas. The TCCRI has held meetings throughout the state to discuss developing Texas' natural resources and discuss whether the current electricity infrastructure is sufficient to supply power to businesses and residents statewide.

Oil magnate and entrepreneur T. Boone Pickens dies at 91

Zach Halaschak · September 11, 2019 6:51 pm

The U.S. is home to the Permian Basin, the world's most productive oil field.

Energy and Environment

OPEC weighs nine more months of oil production cuts

John Siciliano · July 1, 2019 5:44 pm