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360 Articles

President Declares “Indefinite” Offshore Drill Ban for Alaska and Atlantic Coastal Waters

President Declares “Indefinite” Offshore Drill Ban for Alaska and Atlantic Coastal Waters

White House Issues Memorandum Withdrawing Bulk of Alaska’s Arctic OCS and Portions of Atlantic OCS from Oil and Gas Drilling Today the White House pulled the plug on offshore drilling leases in the bulk of the Arctic offshore Alaska and portions of the Atlantic outer continental shelf (OCS). “The United States is designating the vast majority of U.S. waters in[Read More…]

December 20, 2016 - 5:55 pm 360 Articles, Arctic, Closing Bell Story, E&P, Politics, Regulatory
Oklahoma’s Osage Nation wants Oil & Gas Development to Hit the Accelerator—Now

Oklahoma’s Osage Nation wants Oil & Gas Development to Hit the Accelerator—Now

Osage Nation’s desire to continue its legacy of oil wealth is being stymied by the U.S. government; tribe wants oil companies to explore new plays, generate new oil production Seizing upon economic growth opportunities associated with their tribal lands has been a hallmark of the Osage Tribe’s financial success for the past 208 years. Located in Oklahoma, the Osage Nation has a long history[Read More…]

December 15, 2016 - 5:25 pm 360 Articles, Closing Bell Story, E&P, Feature Stories, Politics, Regulatory
Oklahoma is the Most Attractive Place for Oil and Gas Investment: Fraser

Oklahoma is the Most Attractive Place for Oil and Gas Investment: Fraser

Oklahoma finished No. 1 as the best place where ‘policy does not deter upstream investment’ Canada’s Fraser Institute says that Oklahoma has beaten Texas in something else. According to the Canadian think tank’s annual global survey of petroleum sector executives, Oklahoma is the most attractive jurisdiction around the world for oil and gas investment. “Most U.S. states are bucking the global trend of[Read More…]

Colorado Voters Decide to “Raise the Bar”

Colorado Voters Decide to “Raise the Bar”

Colorado passes Amendment 71, which would require 2% of voters from each of its Senate districts to sign petitions for constitutional changes, including future measures attempting to ban hydraulic fracturing Colorado voters decided to pass Amendment 71 – or Raise the Bar, as its proponents refer to it – Tuesday with about 57% of voters in favor of the measure.[Read More…]

November 11, 2016 - 8:57 am 360 Articles, Closing Bell Story, Politics
Positive News for Keystone XL and Cross-Border Energy Projects

Positive News for Keystone XL and Cross-Border Energy Projects

Former Enbridge CEO Daniel sees possible re-application for Keystone XL Former Enbridge CEO Patrick Daniel told BNN today that he is believes Donald Trump’s victory will be positive for cross-border energy pipeline projects, starting with the Keystone XL pipeline, the final application for which was turned down by the Obama administration a year ago after seven years of permitting activity.[Read More…]

November 9, 2016 - 2:12 pm 360 Articles, Canada, Closing Bell Story, Mexico, Midstream, Politics
Oil Production by Presidential Term

Oil Production by Presidential Term

Regardless of who is living in the White House, global demand and supply cause price movements and drive production of crude oil. SAFE has added the presidential terms to the bars of crude oil production since the end of Dwight Eisenhower’s term. The U.S. presidential election is Tuesday, Nov. 8. Don’t forget to vote. The website Diffen.com presents a comparison of the two[Read More…]

DAPL Moves Towards Completion, “Keep it in the Ground” Gets Crazier

DAPL Moves Towards Completion, “Keep it in the Ground” Gets Crazier

After Setbacks in Court, Activists Take Matters into own Hands The battle over energy infrastructure draws on. Emboldened by President Obama’s rejection of Keystone XL last year and halting of work the Dakota Access Pipeline, activists have shifted their focus from fracking to protesting pipelines. Pipelines are new flash points for climate activism and are subject to a fairly complicated approval[Read More…]

October 19, 2016 - 6:57 pm 360 Articles, Closing Bell Story, Midstream, Politics, Regulatory
West Virginia Suffers Worst Industrial Job Loss since the Recession

West Virginia Suffers Worst Industrial Job Loss since the Recession

Coal industry sheds 21% of its West Virginia jobs, no longer state’s largest industrial employer West Virginia shed more industrial jobs over the past twelve months than at any year since the end of the recession, according to a new report in the 2017 West Virginia Manufacturers Register®, an industrial database and directory published by Manufacturers’ News. According to the[Read More…]

Is the U.S. Government Too Big to Fail?

Is the U.S. Government Too Big to Fail?

Assets: South of $5 Trillion; Liabilities: North of $21 Trillion In February of each year, the Government Accountability Office puts out an updated snapshot of the books, written in plain language. Since Congress is working and this is an election year, it’s prudent to revisit the basic assets and liabilities graph published in the latest Financial Report of the United States[Read More…]

October 7, 2016 - 5:52 pm 360 Articles, Chart of Week, Closing Bell Story, Finance, Politics
Texas Rep. Pete Olson Calls for a National Energy Policy

Texas Rep. Pete Olson Calls for a National Energy Policy

“America lacks a comprehensive energy policy. I have long felt that the moment a policy is set in stone, the sooner the reality on the ground begins to change” There have been calls for a national energy policy weaving in and out of U.S. geopolitical chatter for decades. The Arab Oil Embargo lit a fire under that discussion in the[Read More…]

October 6, 2016 - 6:50 pm 360 Articles, Closing Bell Story, People, Politics
EU’s Early Ratification of Paris Climate Agreement Upends Trump Plan to “Cancel It”

EU’s Early Ratification of Paris Climate Agreement Upends Trump Plan to “Cancel It”

President Trump likely would ignore it, President Clinton would champion it The European Union approved a fast-track ratification of the Paris climate change agreement yesterday, less than a year after it was signed in Paris, upending a Donald Trump promise to cancel the agreement if elected president. In September, in a ceremony in Hangzhou, China, the UN Secretary General received the[Read More…]

October 5, 2016 - 6:36 pm 360 Articles, Closing Bell Story, Featured Interviews, Law, Politics
The Only Certainty from Brexit is Uncertainty

The Only Certainty from Brexit is Uncertainty

Market Showing Resilience at the Moment but Brexit Will Take Years to Unfold Big changes have happened in the U.K. since the “exit the EU” outcome of the June 23 national referendum, with the aftermath likely taking years to fully understand. And “Brexit” itself hasn’t even happened yet. David Cameron’s promised resignation brought in Theresa May as Prime Minister, who[Read More…]

September 26, 2016 - 5:57 pm 360 Articles, Closing Bell Story, International, Politics
ND U.S. Representative Kevin Cramer

An Exclusive Interview with North Dakota Congressman and Trump Energy Advisor Kevin Cramer

Rep. Cramer discusses the Dakota Access pipeline, what it’s like advising Donald Trump, and his views on having a national energy policy On Sept. 16, a federal appeals court ordered a halt to construction of a second portion of the Dakota Access oil pipeline in North Dakota. Friday’s order comes on the heels of the federal government’s Sept. 9, 2016 announcement[Read More…]

Obama Administration Halts Work on Dakota Access Pipeline

Obama Administration Halts Work on Dakota Access Pipeline

Administration Overturns Federal Court Ruling, Halts Work on $3.8 Billion Dakota Access Pipeline In a surprise statement on Friday, the Obama administration said that it would not issue the easements necessary for construction to begin on a portion of the Dakota Access Pipeline project planned to run under Lake Oahe in North Dakota, just north of the boundaries of the[Read More…]

Oil & Gas 360

Both Anti-Oil & Gas Initiatives Fail to Make Colorado Ballot

Initiative 75 (local government control over oil and gas) and 78 (mandatory 2,500-ft. setback) fall short of required signatures The Colorado Secretary of State issued a press release today, explaining how two anti-oil & gas initiatives failed to achieve the minimum number of required signatures to make the November ballot. If either attempt had succeeded, it would have put the[Read More…]

August 29, 2016 - 1:17 pm 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
John Hofmeister at EnerCom's The Oil & Gas Conference 21

The Saudis will Chase ‘Market Share’ until Russia, Iran and Saudi Arabia Run out of Money: an Exclusive Interview with John Hofmeister

Hofmeister: The Issue of Low Oil Price has Nothing to Do with Shale John Hofmeister, the outspoken former president of Shell Oil Company and current chairman of Erin Energy, talked to Oil & Gas 360®’s Angie Austin about the politics of the Middle East creating a long-term effect on global oil, the importance and future of the shale boom and the[Read More…]

Colorado Anti-Frac Ballot Signatures Are Being Counted: 3 Experts Weigh In

Colorado Anti-Frac Ballot Signatures Are Being Counted: 3 Experts Weigh In

2,500-foot setback for oil and gas “would pretty much gut new development” On August 24, the Colorado Secretary of State issued a press release that announced that the two anti-frac measures seeking to become amendments to the Colorado constitution are currently in the process of having the submitted signatures counted and verified. “The Colorado Secretary of State’s Office is still tabulating the final two[Read More…]

August 25, 2016 - 7:19 am 360 Articles, Closing Bell Story, E&P, Politics, Regulatory, Videos
Colorado Anti-Oil & Gas Ballot Issues Move Closer to Being Counted

Colorado Anti-Oil & Gas Ballot Issues Move Closer to Being Counted

Only 2 Colorado Issues Remain Ahead of Oil & Gas in Queue The Colorado Secretary of State’s office reported today that the signatures for one more of the five remaining citizen initiatives have now been counted and verified. The cigarette tax initiative was verified and will be on the Colorado ballot in November, the Secretary said in a press release.[Read More…]

August 22, 2016 - 5:46 pm 360 Articles, Closing Bell Story, Politics, Regulatory
UPDATE: Colorado Anti-Oil & Gas Ballot Issues are Now Fourth and Fifth in the Queue

UPDATE: Colorado Anti-Oil & Gas Ballot Issues are Now Fourth and Fifth in the Queue

Anti-Oil & Gas Signatures will be Counted Last; ‘Amending the Constitution’ Measure Clears Ballot Today Lynn Bartels, communications director for the Colorado Secretary of State’s office, told Oil & Gas 360® yesterday that two anti-oil and gas initiatives, which were turned in by signature collectors right as the deadline bell sounded last week, are the last in line to be counted[Read More…]

August 16, 2016 - 11:28 am 360 Articles, Closing Bell Story, E&P, Politics, Regulatory
No-Frac Backers Submit Petitions for 2,500-Foot Setback, Local Control of Oil & Gas in Colo.

No-Frac Backers Submit Petitions for 2,500-Foot Setback, Local Control of Oil & Gas in Colo.

Several Colorado ballot initiative groups turned in their collected signatures on petitions today by the 3:00 p.m. deadline. For the oil and gas industry, the Colorado Secretary of State has reported that initiative No. 75, which would cede control over oil and gas operations to local governments, essentially sidelining the authority of the state, and initiative No. 78, which would require a mandatory[Read More…]

August 8, 2016 - 6:03 pm 360 Articles, Closing Bell Story, Politics, Regulatory
Future of Colorado Drilling: Three Days Remain to Gather Signatures for 2016 Ballot Issues

Future of Colorado Drilling: Three Days Remain to Gather Signatures for 2016 Ballot Issues

Initiative 75 would amend the Colorado constitution to give municipalities control over oil and gas permitting, regulating 78 would essentially stop new drilling on 90% of Colorado’s land area by making a mandatory 2500-foot setback rule part of the state’s constitution It’s a couple of caramel macchiatos from being over. At least the first phase: gathering enough valid signatures to get the[Read More…]

August 5, 2016 - 2:23 pm 360 Articles, Closing Bell Story, Politics
2,500-Foot Setback Initiative Probably Won’t Make the Colorado Ballot: Wells Fargo

2,500-Foot Setback Initiative Probably Won’t Make the Colorado Ballot: Wells Fargo

“But if the measure were to be placed on the general election ballot, then it’s a toss up” Several groups and individuals want to halt, ban or eliminate hydraulic fracturing in Colorado by running signature gathering campaigns to amend the state’s constitution (Initiatives 63, 75 and 78). The state requires 98,492 valid Colorado voter signatures to get an initiative onto the November ballot. These[Read More…]

August 2, 2016 - 6:29 pm 360 Articles, Closing Bell Story, Politics, Popular
Trump: Maybe We Should Leave Fracing Up to the Voters

Trump: Maybe We Should Leave Fracing Up to the Voters

Trump says he Understands if a Municipality or State wants to Ban Fracing On the campaign trail, Donald J. Trump has referenced fracing in a number of speeches, always on the favorable side. Trump made a strong endorsement for shale energy development in his North Dakota energy policy speech in May. And rumors have come out in the media that he’s looking at[Read More…]

August 1, 2016 - 6:06 pm 360 Articles, Closing Bell Story, Fracing, Politics
Colorado Could Lose $14.5 Billion, 104,000 Jobs and Suffer Reduced GDP if Ballot Initiative 78 Passes – UPDATE

Colorado Could Lose $14.5 Billion, 104,000 Jobs and Suffer Reduced GDP if Ballot Initiative 78 Passes – UPDATE

Aug. 8 deadline looms Ballot proposal 78 could reduce the surface area available for drilling in Colorado by 90%: COGCC report While the economic impacts would not likely put the state into a recession, they would reduce the state’s GDP by 3.4% over a 15-year period: Univ. of Colorado study Colorado has become a hot-spot for political issues in the oil[Read More…]

August 1, 2016 - 11:42 am 360 Articles, Closing Bell Story, E&P, Politics
Obama Directs $4.5 Billion in U.S. Government Loan Guarantees to Speed the Adoption of Electric Vehicles

Obama Directs $4.5 Billion in U.S. Government Loan Guarantees to Speed the Adoption of Electric Vehicles

With less than six months remaining in his stay at the White House, President Obama has come out with a program to use the U.S. taxpayers’ money to guarantee loans for parties who are working to accelerate the adoption of electric vehicles and the infrastructure to charge them. The money comes into play in the form of up to $4.5 billion in loan[Read More…]

July 27, 2016 - 2:33 pm 360 Articles, Closing Bell Story, Politics, Transportation
Donald Trump Speaks in Colorado on the Eve of Independence Day

Donald Trump Speaks in Colorado on the Eve of Independence Day

Trump is headliner at the Western Conservative Summit In his first appearance in Colorado since he launched his campaign for the 2016 presidential election, presumed Republican nominee Donald Trump spoke to several thousand attendees at an event today at the Colorado Convention Center in downtown Denver. During the hour-long speech, Trump hit upon the main points of his campaign policies,[Read More…]

July 1, 2016 - 6:25 pm 360 Articles, Closing Bell Story, Politics, Regulatory
Climate Change Move from N.A. Heads of Government Could Affect the Oil & Gas Industry

Climate Change Move from N.A. Heads of Government Could Affect the Oil & Gas Industry

Three Chief Executives Tackle Climate Change Canada’s Prime Minister Justin Trudeau, U.S. President Barack Obama, and Mexico’s President Enrique Peña Nieto joined forces in Ottawa this week expressly to demonstrate how North America has the “moral imperative to show strong leadership building on the Paris Agreement and promoting its early entry into force.” This meeting was to showcase their resolve to[Read More…]

Trump Speaking at Colorado Summit on July 1

Trump Speaking at Colorado Summit on July 1

Trump Energy Policy at Top of Oil & Gas Industry’s Mind Presidential candidate Donald J. Trump will headline the seventh annual Western Conservative Summit Friday morning in Denver, giving an address at 10:30 a.m. at the Colorado Convention Center, the candidate’s first public appearance in Colorado. Jeff Hunt, producer of the event and Director of the Centennial Institute at Colorado Christian University—the[Read More…]

Keystone XL: The Saga Continues

Keystone XL: The Saga Continues

TransCanada seeks US$15 Billion from the U.S. government for breaches of NAFTA – following President Obama’s decision to nix the Keystone XL pipeline The next chapter in the Keystone XL pipeline saga is officially underway. On Friday, June 24, 2016, TransCanada Corporation (ticker: TRP) filed  an official request for arbitration against the government of the U.S., under the rules of[Read More…]

How will an EU Brexit Affect International Relations, Politics and Oil?

How will an EU Brexit Affect International Relations, Politics and Oil?

The UK Votes Tomorrow whether to Exit or Stay in the EU; UK Polls are Split Down the Middle  In less than 24 hours, the UK will vote whether or not to stay in the European Union or exit the EU. According to the latest EU referendum poll of polls analysis in the Financial Times, 44% in the UK want to remain, 44% want[Read More…]