Page 5 - Alan Olson News Today

Alan Olson with the Montana Petroleum Association: The only increase we see coming down the pike in increased refining capacity is in China.

Alan Olson with the Montana Petroleum Association: The only increase we see coming down the pike in increased refining capacity is in China.

SAUSALITO, Calif.—A large wooden ship glides across the San Francisco Bay, its massive sails billowing in the cool coastal breeze. “Two, six, heave!” the

Post-sale data for the June 30 event shows 865 federal acres in Montana fetching a combined $67,913. The data is presented by EnergyNet.

Montana's oil and gas industry welcomes the continuation of lease sales on federal lands, but it could still be tough economically, industry representatives say.

Here's our chat with Alan Olson, the head of the Montana Petroleum Association.

While politicians continue to call for changes in federal policy to spark growth in the oil and gas industry, some analysts say the federal government has less of a role in ramping up oil production than political rhetoric would suggest.

While production is higher, industry sees price caps

The average cost per gallon of gas across Montana was $3.98 on Wednesday, according to the price-tracking website GasBuddy. That's an increase of more than a dollar from one year back, where they average was $2.39 per gallon.

The average cost per gallon of gas across Montana was $3.98 on Wednesday, according to the price-tracking website GasBuddy. That's an increase of more than a dollar from one year back, where they average was $2.39 per gallon.