Page 73 - Basin News Today

Companies are not willing to send ships and tankers into russian ports to get oil. at least one-third of oil coming out of russia is not moving. so the exports out of putins russia are drying up. its one of the reasons youre seeing the spike in oil. the markets are anticipating what is going on. its why gasoline prices in california are now north of $5 on average. the united states average price is going to go to a new record high in a matter of days. expectations is that its going ahead $4.25 p...

Sanction that they truly fear was a cutoff of their only product. russia, after all is a first world arm, third world country gas station, thats all it is. it produces oil and gas. so weve hurt them. we finally have hit them where it hurts. they are killing civilians and unleashed this massive refugee crisis. they have destroying this poor country, ukraine, on their border. i wanted to stick it to them and i think the president finally has. exxon, mobile and chevron, as you know, today announced...

Not only are they fracking here in this portion of the basin, theyre planning to double their production this year. sounds amazing, right? theyre able to do it because of where they are. private land in texas, not federal land in new mexico. it means ten days for a permit, not ten years. pipeline that transfers this oil to refineries, they take years to build out. right now theres 30 shovel ready natural gas progress awaiting approval. it takes four years to approve a gas line and six to nine mo...

Dealing it. at these prices, im going to go out and drill oil, everyone is going to go, it is a fortune. >> jesse: no, geraldo. >> jesse: sell >> geraldo: a fortune could be made here. >> dana: they have to do it. >> geraldo: i think theres plenty of leeway. i go back to the basin, midland, there is so much oil there, so many rigs that the last time i was there, a buddy at the campus of the university of texas, there are so many rigs just sitting there. they are not using them because the market...

Impacting freedom loving nations including ours. brian: why using unuse leases why are you so lazy and why dongt you just drill? >> jen psaki and jacob havent been on oil site we love as we welcome you out to the basin last year it is oversimplifying drilling for oil and gas and many instance it is takes several months to prepare and complete a successful well. but when if you are a cfo or ceo of a successful oil company and you listen to the rett reck from your own president these last few year...

Previously standing on a vote, they can now stand safely on the dockside and go around and collect the rubbish in the basin. eventually, they may not need people to control them at all thanks to artificial intelligence. the same technology used in the mayflower autonomous ship which aims to cross the atlantic this year could be added to the waste sharks.— the waste sharks. most of the technology — the waste sharks. most of the technology is _ the waste sharks. most of the technology is alrea...

Agenda which is unfortunately impacting freedom loving nations including ours. brian: why using unuse leases why are you so lazy and why dongt you just drill? >> jen psaki and jacob havent been on oil site we love as we welcome you out to the basin last year it is oversimplifying drilling for oil and gas and many instance it is takes several months to prepare and complete a successful well. but when if you are a cfo or ceo of a successful oil company and you listen to the rett reck from your own...

Canada - Reconnaissance Energy Africa Ltd. is pleased to provide an exploration update for the Kavango Basin in NE Namibia and NW Botswana, highlighting multiple drilling prospects and new play... | April 5, 2022

Family. president biden passing the blame to oil companies. >> ashley: will cain had an opportunity to visit midland, texas, they are producing oil at record rates and anti-fossil fuel policy are hindering it from getting to consumers, take a look. >> will: tell me about the role of this place, the permian basin? >> basin produces crude oil and 25% of the nations natural gas. >> will: this is americas energy heart? >> absolutely. >> this drilling sight is owned by discovery industry, family-owne...

U.S. Representative Dan Newhouse (R-WA) is leading a call for the EPA and Biden Administration to drop plans for revising Waters of the U.S. rules.