LNG permit ban absurd Paul Guessing/Rio Grande Foundaiton What if I told you that one federal government policy could do the following: 1) Undermine Russia’s war against Ukraine (without the US spending a dime); 2) Strengthen economic ties between the US and Asian and European nations; 3) Reduce CO2 emissions; 4) Increase US tax revenues and American jobs (including in …

LNG permit ban absurd Paul Guessing/Rio Grande Foundaiton What if I told you that one federal government policy could do the following: 1) Undermine Russia’s war against Ukraine (without the US spending a dime); 2) Strengthen economic ties between the US and Asian and European nations; 3) Reduce CO2 emissions; 4) Increase US tax revenues and American jobs (including in …

Over the course of the last two weeks, oil prices have hit above $80 a barrel, a far cry from the negative territory where oil was selling nearly a year and a half ago. The seven year high is being driven by a resurgence in demand around the world as economies recover from COVID-19 restrictions and shutdowns and OPEC keeping …

BISMARCK, N.D. (AP) — North Dakota has ranked as the nation’s second-biggest oil producer for nine years, but it’s on the verge of losing that status because oil production is soaring in New Mexico. Texas continues to lead the nation in oil production. The Permian Basin spans parts of New Mexico and Texas, and it’s arguably the biggest competition for …

SANTA FE, N.M. (AP) — State legislators kept a wary eye Tuesday on trends in oil prices and production as the number of active drilling rigs and new wells has plummeted from pre-pandemic levels, threatening a crucial source of state income amid the coronavirus pandemic. A report from the budget and accountability office of the Legislature found that drilling for …