Saturday, December 13, 2025

Florida Removed From OCS Offshore Drilling Plan

From UPI The Trump administration reversed plans to include Florida in an offshore drilling proposal announced last week. Interior Secretary Zinke held a press conference at the Tallahassee airport announcing the Trump administration will not be drilling off the coast of Florida after he and Gov. Rick Scott held a private meeting Tuesday afternoon. Florida is obviously unique, Zinke said. The president

Weekly Oil Storage: Draw As Expected

The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks fell by 4,948 MBBL last week to 419,515 MBBL, from 424,463 MBBL. This is 13% below the 483,109 MBBL that was in storage at this point last year, and is 8% above the five-year