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Will Trump’s policies affect drilling or pipelines?

California oil field

The election of Donald Trump has thrilled many people across the West’s oil and gas industry who say his promises to roll back regulations will free it from unfair and unnecessary obstacles imposed by President Obama, including drilling in the Western part of the United States. As California “If the Trump administration does nothing but stop being hostile to us, we’ll ...

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Obama’s offshore drilling ban–“Trump-proof”?

offshore drilling

In a historic move taken a month to the day before he hands over the White House to one of the most fossil-fueled administrations in U.S. history, President Obama answered the call of Native Alaskans, coastal residents and climate activists demanding offshore drilling bans, and stuck it to Donald Trump. Obama banned all future offshore oil and gas drilling from ...

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Rig count jumps up 27

oil rig, rig count, Baker Hughes

Maybe it’s OPEC’s promise for production cuts, maybe it’s Donald Trump’s new staff appointments, or maybe there’s just some good vibes floating around in the air. No matter what the reason, cheers went up today when Baker Hughes released the weekly rig count, showing an increase of 27 rigs exploring for oil and natural gas this week. Even though the ...

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Texas adds 7 rigs; Dec. 2 rig count totals 597

baker hughes, rig count

U.S. oil producers, especially in shale plays across the region, are likely crossing their fingers that OPEC’s commitment to cutting production will help oil prices to inch higher—and stay there. In the meantime, rig counts have inched up slightly. As reported by Baker Hughes, the number of rigs exploring for oil and natural gas went up a total of four ...

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Trump’s “Contract” promises to lift roadblocks to allow Keystone XL, other pipelines

pipeline, keystone xl, dakota access

Amidst Dakota Access Pipeline (DAPL) protests, Keystone XL rises from the dead. Many didn’t think it would ever happen after a denial of necessary permits for its completion by President Obama and the State Department. The Keystone Pipeline System, commissioned in 2010, would run from the so-called “tar sands” in Alberta, through Montana (just west of the Bakken oil field) to ...

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Reuters: Dakota Access will not be re-routed

Dakota Access Pipeline, pipeline construction

Energy Transfer Partners LP Chief Executive Officer Kelcy Warren said the company will not consider rerouting its Dakota Access oil pipeline despite concerns voiced by U.S. native groups, according to an Associated Press interview published on Friday. President Barack Obama said earlier this month that the government was examining ways to reroute the pipeline. Energy Transfer did not immediately respond ...

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Pipeline protests escalate, more arrests

pipeline protest, Dakota Access

Demonstrators fanned out across North America on Tuesday to demand the U.S. government halt or reroute the Dakota Access pipeline as the companies behind the controversial project asked a federal court for permission to complete it. In what organizers said were the largest demonstrations to date against the pipeline, thousands of people rallied outside Army Corps of Engineers offices, banks ...

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U.S. rig count declines by 1 to 568

oil rig, rig count, Baker Hughes

Baker Hughes’ latest rig count report shows the number of rigs drilling for oil rose by two this week to 452. Rigs drilling for natural gas was down 2. The total rig count fell by one to 568, still higher than the May low of 404. Total offshore rigs are down 12 from last year at this time. States losing ...

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Trump election shows promise for oil and gas industry

harold hamm endorses donald trump

The U.S. oil and gas industry shows tentative hope that a new Trump administration will “re-ignite growth in the sector,” according to a Forbes article Friday. Frank Murphy, managing director of RW Baird, said: The 45th president will likely remove regulatory impediments imposed by the Obama administration that have stymied oil and gas drilling and infrastructure buildout. Forbes reported Murphy ...

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