Energy In Depth

09/22/2024

Today’s goes to the Gas & Oil Association of West Virginia.

GO-WV released its annual Gas Facts, detailing the ’ contributions to state revenue and employment. 👏

Learn more about WV’s production⬇️

According to the Railroad Commission of Texas, the agency plugged 1,012 orphan wells in Fiscal Year 2024 using state funds. This exceeded the fiscal year’s goal of plugging 1,000 wells with state funds, making it the eighth year in a row in which the RRC has surpassed its legislative target.

09/21/2024

The Biden admin’s export permitting pause will have long-lasting impacts.

Chevron CEO Mike Wirth noted, “When it comes to advancing economic prosperity, energy security, and environmental protection, an LNG permitting pause fails on all three.”

Lance is among several CEOs looking to utilize North America’s gas reserves, of which the head of ConocoPhillips says is “substantial.” Lance went as far as to predict “a century” of available resources.

09/20/2024

Technological advancements will place increased pressure on U.S. energy markets.

will be crucial to providing reliable, affordable power during times of peak demand.

Read more in ⬇️

New gas plants just keep on coming, defying expectations that their rapid growth was nearing an end.

09/20/2024

Strong domestic production is essential to U.S. energy security.

“IPAA member companies are committed to finding creative solutions to problems that exist within the scope of production on federal lands,” explained Independent Petroleum Association of America's Dan Naatz.

The Independent Petroleum Association of America (IPAA) applauds the Senate's passage of the Royalty Resiliency Act, aimed at addressing outdated federal land reporting processes and streamlining royalty payments for oil and gas producers.

09/19/2024

It’s election season and for some politicians that means peddling the narrative.

Not only has the price gouging myth been repeatedly debunked, but many of these same politicians are also fighting to decrease American production.

As the election heats up, some politicians are yet again attempting to revive the tired and debunked myth that American energy producers are artificially raising energy prices on consumers. Later this afternoon, Democrats on the House Natural Resources committee plan to host a Roundtable on...

09/18/2024

ICYMI: The volume of legal experts and elected officials calling on SCOTUS to weigh in on climate lawsuits showcases the importance of the issue. Check out our analysis on the potential impacts for the industry below:

The biggest challenge to climate litigation against energy producers to date is now fully briefed and awaiting a decision from the U.S. Supreme Court on whether the lawsuit can move forward. Reminder: in May, nineteen Republican state attorneys general asked the high court to block climate lawsuits....

09/17/2024

It’s almost the fall season 🍂🍁 How will you spend it?

09/16/2024

South Carolina AG Wilson recently urged a court to throw out Charleston’s climate lawsuit against energy producers – marking a unique instance of a state attorney general calling out the lack of merits of a municipality’s case.

Learn more below:

South Carolina Attorney General Alan Wilson last week urged a court to throw out Charleston’s climate lawsuit against energy producers – marking a unique instance of a state attorney general calling out the lack of merits of a municipality’s case.

09/15/2024

Today’s goes to TX’s industry.

TX is a national leader in responsible well management. For the 8th consecutive year, the Texas Railroad Commission has exceeded its well plugging goals. 👏

According to the Railroad Commission of Texas, the agency plugged 1,012 orphan wells in Fiscal Year 2024 using state funds. This exceeded the fiscal year’s goal of plugging 1,000 wells with state funds, making it the eighth year in a row in which the RRC has surpassed its legislative target.

09/14/2024

American production will be critical to meeting rising global demand.

Recently, the U.S. Energy Information Administration projected global demand will reach record highs, totaling 103.1 million bpd.

Global oil demand is set to grow to a bigger record this year while output growth will be smaller than prior forecasts, the U.S. Energy Information Administration (EIA) said on Tuesday.

09/14/2024

CA’s restrictions will have far-reaching consequences.

AZ and NV Governors highlighted that CA’s storage proposal would “create shortages in downstream markets,” raising costs for neighboring states.

In the letter, Arizona Gov. Katie Hobbs, a Democrat, and Nevada Gov. Joe Lombardo, a Republican, pointed to the California Energy Commission's assessment of the proposal that it “may artificially create shortages in downstream markets,” which would raise costs for consumers in Arizona and Nevada...

09/13/2024

The EIA’s forecast that North American LNG export capacity will double by 2028 is welcome news but comes with significant caveats, namely the completion of the dozen projects under construction.

While DOE’s recent permit is a step in the right direction to achieving this, time will tell if the significantly shortened term limit alleviates investment uncertainty.

North American LNG export capacity is likely to double by 2028, but only if projects under construction become operational on schedule, according to a new analysis from the U.S. Energy Information Administration. The forecast comes on the heels of the Department of Energy granting permits...

09/12/2024

Domestic production relies on sound policies that consider both rising energy demand and environmental stewardship.

Read more about Independent Petroleum Association of America’s concerns with the U.S. District Courts Gulf of Mexico ruling and its potential impacts⬇️

The energy industry slammed a reversal on a 2020 biological opinion that may potentially put an indefinite stop to oil and gas operations in the Gulf of Mexico—by December.

09/11/2024

FACT: “Natural gas is often seen as the cleanest burning fossil fuel, commonly replacing coal, which emits twice the amount of CO2.”

Read more about how will be core solution to achieving global climate ambitions in Forbes👇

Natural gas is replacing coal generation — the dirtiest form of electricity. Until it finishes the job — internationally — it is vital to reaching net zero.

09/10/2024

CA is a prime example of the impacts of regressive policies.

The state's special session aimed at creating new regulations for CA refiners will remain front and center all the way through election day.

With election season in full swing, California Governor Gavin Newsom officially called a special session to push new mandates on refiners over the weekend, threatening to send gas prices higher across the Western United States. The State Assembly is reportedly set to hold hearings on the measure in....

09/09/2024

The Climate Judiciary Project provide the legal and academic supporters of climate litigation nearly unchecked access to the federal judiciary.

Key questions need to be asked of CJP to understand the level of influence wealthy donors have amassed in the courtroom to attack American companies.

Learn more about the CJP:

A new report by the American Energy Institute details the behind-the-scenes campaign by climate litigation supporters run through the Environmental Law Institute (ELI) to sway the perspectives of judges who may one day preside over lawsuits brought against American energy companies.

09/08/2024

Today’s goes to WV’s industry.

" investments produce significant benefits, including lower fuel and electricity costs, increased grid reliability, better air quality and public health, and more job opportunities." 👏

Industry officials said energy investments can produce significant benefits, including lower fuel...

09/07/2024

products are integral to everyday life.

Western Energy Alliance President Kathleen Sgamma explained, “Ending the very sources of energy that provide over 80% of global energy would have immediate, catastrophic impacts on human health and flourishing.”

Ending the very sources of energy that provide over 80% of global energy would have immediate, catastrophic impacts on human health and flourishing.

09/06/2024

The International Gas Union's recent Global Gas Report shows the world needs more investments.

Without sufficient investment in natural gas infrastructure, the world risks a supply shortfall that could derail the energy transition and push more countries toward higher-emission sources.

The International Gas Union’s Global Gas Report 2024 shines a spotlight on a critical issue: a significant lack of investment in natural gas production and infrastructure, all while global demand for gas is expected to rise steadily over the next decade. According to IGU’s report,...

09/05/2024

American exports are essential to meeting global energy demand and reducing greenhouse gas emissions through fuel switching.

The moves comes after a court blocked the administration's freeze on liquefied natural gas approvals this summer.

09/04/2024

Headed to a political event soon? Look around and you'll see that campaign season is made possible by products.

09/03/2024

American will be essential to meet global demand.

The U.S. Energy Information Administration reported that U.S. LNG export capacity is expected to more than double by 2028, achieving 24.4 Bcf/d👏👏

Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government

09/03/2024

American security is national security.

The American Petroleum Institute’s Mike Sommers explained that without increased production and a reliable grid, the U.S. is “at risk of losing the war for AI dominance.”

American Petroleum Institute CEO Mike Sommers says AI computing will boost the need for US energy production.

09/02/2024

Everyday workers provide affordable and reliable energy to millions of Americans.

This remember to thank an worker!

09/01/2024

Today’s goes to operator BHE GT&S.

The company’s generous donation to West Virginia University will support the next generation of workers👏

MORGANTOWN, W.Va. (WVU Today) - The West Virginia University Benjamin M. Statler College of Engineering and Mineral Resources is enhancing education and research with a $500,000 gift to support laboratory