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Natural Gas Gets Good News #OilmanNEWS 2017-May-June Alex Mills 

Natural Gas Gets Good News

Two important events that occurred last week have the potential to impact natural gas supplies significantly in the future. First, the U.S. Geological Survey (USGS) increased by more than 300 percent its assessment of natural gas reserves in East Texas, Louisiana, and the Gulf Coast. Second, the Environmental Protection Agency (EPA) said it will reconsider a new regulation covering methane... Read More
Oil and Gas Economy in Texas Enters Expansion Cycle #OilmanNEWS 2017-May-June Alex Mills Texas 

Oil and Gas Economy in Texas Enters Expansion Cycle

WICHITA FALLS—Crude oil and natural gas drilling and development in Texas has embarked upon a new cycle of expansion, according to the latest Texas Petro Index (TPI), which improved to 160.4 in March to post its fourth straight monthly increase. “Economically speaking, the TPI data indicate that when oil and gas industry gathers in Wichita Falls in late April for... Read More
Federal Government Overreach Attacked On Many Fronts #OilmanNEWS 2017-May-June Alex Mills 

Federal Government Overreach Attacked On Many Fronts

The President, Congress, and the Texas Legislature all have been very active in implementing executive orders, legislation, resolutions, and letters to reduce the federal government’s massive regulatory overreach. It all started with President Trump’s State of the Union address on Feb. 28, in which he said economic recovery must begin by reducing massive regulations on American businesses. The next day... Read More
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