Oil Production
Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to…
By MEAD GRUVER and MATTHEW BROWN Associated Press CASPER, Wyo. (AP) — President Joe Biden’s bid to tackle climate change is running straight through the heart of the U.S. oil and gas industry — a much bigger, more influential foe than Democrats faced when they took on the coal industry during the Obama years. Coal…
Thanks to the University of Wyoming, there are hard numbers to back up the fears of how much the ongoing oil and gas moratorium will impact Wyoming’s economy. The University of Wyoming’s Enhanced Oil Recovery Institute is predicting a severe loss of oil revenue for the State of Wyoming. This is due directly to the…
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