At a hearing of the Senate Energy and Natural Resources Committee this week, Senator John Hoeven advocated for enhancements to the 45Q tax credit to further advance carbon capture, utilization and storage (CCUS) technologies. The senator, along with Assistant Secretary of Fossil Energy Steven Winberg, Carbon Utilization Research Center Executive […]
The North Dakota Department of Mineral Resources is launching separate programs to plug and later reclaim current abandoned well sites in the state. The $66 million cost of the project is coming from CARES Act funding authorized earlier this year by the state legislature’s Budget Section. The programs will create […]
Bill Jerke, FUEL and former Colorado state legislator, Dennis Pungitore, EVP & Chief Revenue Officer, Meridian Energy Group, Inc. and Tonya Van Beber, candidate for Colorado House District 48, participate in a Living The Crude Life Live Recording Session in Weld County, Greeley, Colorado. The event is moderated and hosted […]
Trump Visits Permian, Texas President Donald Trump sought to give a morale boost to the beleaguered Texas energy industry during a visit Wednesday to the Permian Basin, while also rallying oil and gas workers against Democrats ahead of the November election. “We are telling the Washington politicians trying to abolish […]
Luke Daniels, Core Well Commercial Capital, discusses some of the recent international oil and gas moves and how that will impact Shale Play USA. Daniels cites examples of the Chinese market, private equity firms taking control, the downturn and how companies are reinventing their business models. “Traditionally you could follow […]
Tom Masiero, Great American Mining Company, explains why a group of billionaires and wealthy business owners are starting to preserve and stash Bitcoin away in secure underground bunkers. He explains how Bitcoin is evolving both contractual obligations as well as speed of payments. Masiero also gives an update on their […]
80% of Noble Employees to be Laid Off Jeremy Pate, Swan Energy comments on the recent Chevron purchase of Noble Energy and how they are projected to lay off 80% of Noble’s employees. Pate says Swan Energy is opening up their well sharing investment program to others, especially anyone impacted […]
U.S. Senator Kevin Cramer (R-ND) joined Charles Payne on Fox Business today to discuss his legislation to streamline Paycheck Protection Program (PPP) forgiveness for small businesses. The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday. Subscribe on Apple Podcasts Subscribe on […]
Imran Khan and Jeremy Pate, Swan Energy, react to the recent news of Chevron purchasing Nobel Energy and how that will impact the oil and gas industry. Jason Spiess: Excellent, thank you for joining us today here. And I’ll tell you guys, I’m on the road here, coming back from, […]
Luke Daniels, Core Well Commercial Capital, discusses some of the recent international oil and gas moves and how that will impact Shale Play USA. Daniels cites examples of the Chinese market, private equity firms taking control, the downturn and how companies are reinventing their business models. “Traditionally you could follow […]
North Dakota’s High Taxes Create More Energy Tension in Bakken North Dakota produces more crude oil per capita than other any large oil-producing state in the country, including nearly 10 times more than Texas. So on Friday, when the state released new oil production data for May, it hurt. Between […]
U.S. Senator Kevin Cramer (R-ND) led a letter today to Senator Chuck Grassley (R-IA), Chairman of the Senate Finance Committee which has jurisdiction over tax policy, urging him to oppose another wind production tax credit (PTC) extension. “The wind production tax incentive was originally intended by Congress to support a […]
Zach Ellis, Commercial Finance Professional talks about the trucking industry in relation to the oil and gas industry. Ellis also opines about the current state of industry and its supply chain economics. The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday. […]
Senator John Hoeven, a member of the Senate Energy and Natural Resources Committee, held a virtual roundtable with members of the Lignite Energy Council to discuss his efforts to support coal in the nation’s energy mix and ensure the country continues to harness this abundant energy resource. This includes: Ensuring […]
Imran Khan and Jeremy Pate, Swan Energy, discuss some of the recent natural gas investment activity from Warren Buffet buying pipelines to Mexico’s desire for our gas to Lake Charles, Louisiana. Natural gas as an investment and energy source is discussed in detail. Khan compares the natural gas energy monetary […]
Warren Buffett Ends His Deal Drought with $10 Billion Bet on Energy Warren Buffett finally found his next crisis-era deal. His Berkshire Hathaway Inc., which has stayed relatively quiet during the tumult of the coronavirus pandemic, broke its silence at the end of a holiday weekend with its biggest acquisition […]
Mike Vickers, Oilfield NOW, shares his recent success story about curating original oil and gas stories. Vickers said their mission has been to focus on authentic stories about success and redemption in industry. The interview dives into whether the past decade of public relation in industry has resulting in a […]
Coronavirus Potential Revenue Gains For Davis Refinery William Prentice, Meridian Energy Group Inc., explains how much revenue the refinery would have generated since the beginning of the year and how they would have responded to the coronavirus. “Looking back over the past six months, had the Davis Refinery been in […]
The Crude Life host Jason Spiess joined Investment Talk with Paul Meyers and Steve Poitras from Legacy Wealth Management to discuss several news items and issues in the oil and gas industry. The Dakota Access Pipeline, Keystone XL Pipeline and Atlantic Pipeline and their recent news was discussed and how […]
The Crude Life host Jason Spiess joins Genneca for a weekly energy report on The Country Twins morning show. This week Spiess discusses the recent announcement of pipeline shutdowns and how that will impact Shale Play USA. Spiess explains how the climate activists and environmental extremists have changed the landscape […]
North American Oil And Gas Companies Continue To Go Bankrupt At $40 Oil The rash of oil and gas bankruptcies in North America is set to continue for the remainder of 2020, a report by Haynes and Boone cited by Reuters shows. After the coronavirus pandemic and oil price war […]
On Thursday, July 9, 2020, U.S. Secretary of Energy Dan Brouillette will travel to San Antonio, Texas to meet with energy stakeholders in the region and discuss the current state of energy markets. On Friday, July 10, Secretary Brouillette will head to Houston, Texas with Under Secretary of Energy Mark […]
U.S. Senators Kevin Cramer (R-ND) and Bob Menendez (D-NJ), Senate Banking Committee members, introduced the “Payment Choice Act,” a bipartisan bill to provide customers the freedom to choose how to pay for goods or services by prohibiting businesses from refusing to accept cash, posting signs that cash is not accepted, […]
Senator John Hoeven, a member of the Senate Energy and Natural Resources Committee, issued the following statement after Mac McLennan, President and CEO of the Minnkota Power Cooperative, testified before the Federal Energy Regulatory Commission (FERC) on the essential role of coal-fired electricity in the nation’s grid. McLennan outlined how […]
North Dakota To Give More Government Grants For Select Businesses The North Dakota Department of Commerce will be leading a Special Business Briefing call Thursday, July 9, at 11 a.m. (CST) introducing the new Economic Resiliency Grant (ERG) available to North Dakota businesses, as approved by the Budget Section at […]
William Prentice, CEO, Meridian Energy Group, Inc. comments on the North Dakota Supreme Court decision of the North Dakota District Court refusing to overturn the issuance of the air quality Permit to Construct (“PTC”) for the Davis Refinery by the North Dakota Department of Environmental Quality (“DEQ”). This Decision marks […]
The North Dakota Department of Commerce will be leading a Special Business Briefing call Thursday, July 9, at 11 a.m. (CST) introducing the new Economic Resiliency Grant (ERG) available to North Dakota businesses, as approved by the Budget Section at its June 25 meeting. The purpose of the ERG is […]
The North Dakota Oil and Gas Division was notified of a release occurring Saturday, July 4 at the User 1-28 salt water disposal well, about seven miles northeast of Alexander, North Dakota. Zavanna, LLC reported Monday that 250 barrels of brine and 3 barrels of oil were released due to […]
A federal judge has ordered the Dakota Access pipeline to shut down until more environmental review is done. The pipeline has been carrying oil for three years. U.S. District Judge James Boasberg said in April that the pipeline remains “highly controversial” under federal environmental law and a more extensive review […]
Energy Giants Cancel Controversial $8B Atlantic Coast Gas Pipeline Dominion Energy and Duke Energy have abandoned plans to complete construction of the estimated $8-billion Atlantic Coast Pipeline, ending a controversial seven-year quest to build the 600-mile natural gas pipeline between West Virginia and eastern North Carolina. In a July 5 […]
First flights conducted for new Babcock oil-and-gas contract The first flight for Babcock’s new five-year contract for helicopter operations out of Sumburgh, Shetland, took place on July 1, 2020. Current plans will see Babcock’s Offshore business initially conduct more than 100 flights a month to oil-and-gas installations in the Northern […]
Steve Heins, The Energy Pragmatist, Inc. and host Jason Spiess had a lively conversation today regarding oil and gas, capitalism and the managed marketplace. This turned out to be a point/counterpoint discussion with a big dash of humor and bluntness. First, they discussed the current spate of bankruptcy in the […]
Meridian Energy Group, Inc. announced that the North Dakota Supreme Court has upheld the earlier decision of the North Dakota District Court refusing to overturn the issuance of the air quality Permit to Construct (“PTC”) for the Davis Refinery by the North Dakota Department of Environmental Quality (“DEQ”). This Decision […]
Jackie Jenkin and Tiffany Steiner, co-founder of the Bakken BBQ, give the details for the 8th Annual Bakken BBQ rescheduled to August 21, 2020, at the West River Ice Center parking lot in Dickinson, ND. This year will bring some changes, as the coronavirus safety precautions will be administers, there […]
Shale Play Bitcoin Tom Masiero, Great American Mining, gives an update from his Bitcoin mining endeavors across Shale Play USA. Masiero explains how the Bakken’s marketplace has been created due to regulations whereas in Texas capitalism still exists, for now. Masiero reacts and responds to the recent discussions by the […]
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