Voters defeat three referendums on energy #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Voters Defeat Three Referendums on Energy

The energy industry won three referendums on Tuesday that would have made energy production more expensive in Colorado, Washington and Arizona. Environmental groups sought to make the production of fossil fuels more expensive by mandating restrictions on production, taxing emissions, and requiring increased usage of renewable sources. The referendum in Colorado, Proposition 112, failed 58 percent to 42 percent. It… Read More
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2018 November-December Mark A. Stansberry 

Forty-Five Years Later…

Forty-five years ago, October 17, 1973, the Arab oil embargo began as agreed to by the OPEC oil ministers. Since that time, beginning with the embargo, U.S. energy and economic direction has been impacted due to that decision. (The members of the Organization of Arab Petroleum Exporting Countries “OAPEC” initiated the oil embargo.) A few months later, (1974), The International… Read More
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Survey finds more optimism among oil executive than in 2017 #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Survey Finds More Optimism Among Oil Executives Than in 2017

While oil and gas executives have grown more optimistic about economic conditions within the industry, they are concerned about growing geopolitical issues which include potential environmental restraints. The firm of Deloitte & Touche LLP released this week its annual survey of 325 executives from the exploration-and-production sector (upstream), the transportation sector (midstream), and the refining/chemicals sector (downstream). A growing U.S.… Read More

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