President-elect Donald Trump’s appointment of Oklahoma Attorney General Scott Pruitt confirms that the Trump administration and its appointees will not continue to support attempts by the U.S. Environmental Protection Agency (EPA) to address climate change.  Pruitt, who has referred to the debate regarding global warming as “far from settled,” has filed several lawsuits against EPA challenging regulations that limit such emissions from the coal, oil, and natural gas industries, including an EPA rule implementing the Clean Power Plan by requiring states to
Continue Reading Scott Pruitt’s Appointment as Head of EPA Unlikely to Reverse Trends in Energy Generation

drillingThe Energy Information Agency (EIA) announced yesterday that oil production in the nation is expected to drop in November to about 4.43 million barrels a day.  Overall, the EIA expects production declines in both the Eagle Ford Shale of south Texas and the Bakken in North Dakota and Montana of roughly 35,000 and 21,000 barrels per day, respectively.

At the same time, however, analysts are seeing the decline in domestic oil production slowing, with the expectation that it will begin increasing sometime in 2017 and into 2018.
Continue Reading U.S. Shale Oil Production – Different Basins, Different Stories