The White House’s strongly worded statement against the export bill could stiffen the resolve of some Democrats who were leaning toward a “no” vote but facing intense pressure to support liberalized crude trade.
At least two thirds of the oil and gas extracted from fields in the Lower 48 are controlled by large producers that don’t rely heavily on reserve-based corporate loans or aren’t expected to be reviewed this year, Wood Mackenzie says.
Given it is such a colorful day in markets today, let’s do some painting by numbers to get a more complete picture of what is going down in energyland™ et al: $130 billion : OPEC Secretary General Abdalla Salem el-Badri said global oil investments are being slashed by $130 billion this year, as projects are seeing […]
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