News

U.S. shale firms amp up natural gas output as futures signal more gains

Jennifer Hiller and Scott DiSavino, Reuters | November 30, 2020

HOUSTON/NEW YORK (Reuters) - Higher natural gas futures prices for 2021 and a continued glut of crude oil are prodding U.S. shale firms to boost gas drilling and production.

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Commercial projects, housing market buoy SE New Mexico amid Covid-19's uncertainty

Ron Davis, Reporter, Albuquerque Business First | November 30, 2020

In an area known for its oil and gas reserves, Lea and Eddy counties certainly felt the effects of the Covid-19 pandemic's wild ride over the past year.

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Why Oil Won’t “Go Gentle Into That Good Night”

Judd Clemente, RealClear Energy | November 29, 2020

The progressive goal to “transition” away from oil might not be as easy as some proclaim. In the U.S., oil has been our main source of energy since 1950, when it surpassed coal. Along with its sister energy source, natural gas, oil dominates the immense U.S. energy complex. In the U.S., more than 265 million cars run on oil-based products such as gasoline and diesel fuel; less than 2 million run on electricity.

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Fed Reserve: Oil Poised for Rebound

Mella McEwen, Midland Reporter-Telegram | November 28, 2020

A recent conference on energy and the economy presented by the Federal Reserve banks of Dallas and Kansas City included an examination of the outlook for global oil and gas markets.

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Gene Green: Biden should consider benefits of fracking on federal lands

Gene Green, Guest Columnist, Waco Tribune-Herald | November 28, 2020

When it comes to energy and environmental policy Joe Biden vows to pivot from the deregulatory frenzy of the Trump administration but not abandon common sense. Biden has spent a public career finding balanced policy approaches. Unlike Trump, he actually appreciates the art of a deal.

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Seven reasons a world without fossil fuels is not practical

Yves Siegel, Washington Examiner | November 24, 2020

There has been a lot of talk about a "Green New Deal" that will rapidly phase out the use of all fossil fuels. As an investor who has long experience in the energy field, let me say that it is not practical for us to live in a world without fossil fuels for seven reasons.

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