mark

US Oil and Gas Activity Edged Up in the First Quarter, Dallas Fed Says

(Reuters) – Activity in the U.S. oil and gas sector increased slightly in the first quarter of 2025, but uncertainty and pessimism among companies also rose, a Dallas Fed survey showed on Wednesday. U.S. President Donald Trump has promised to unleash U.S. energy dominance, declaring a national energy emergency on his first day in office. …

US Oil and Gas Activity Edged Up in the First Quarter, Dallas Fed Says Read More »

Biden Administration Wrongly Nixed Oil, Gas Leases in Alaska Refuge, US Judge Rules

(Reuters) – A federal judge in Alaska ruled that former President Joe Biden’s administration lacked the authority to cancel oil and gas leases that had been issued for development within the Arctic National Wildlife Refuge. U.S. District Court Judge Sharon Gleason in Anchorage on Tuesday sided with a state-owned economic development public corporation in Alaska …

Biden Administration Wrongly Nixed Oil, Gas Leases in Alaska Refuge, US Judge Rules Read More »

US Crude Stockpiles Fall as Refining Continues to Rise, EIA Says

(Reuters) – U.S. crude oil inventories fell last week as refiners continued to ramp up production, while gasoline and distillate stockpiles also dropped, the Energy Information Administration said on Wednesday. Crude inventories fell by 3.3 million barrels to 433.6 million barrels in the week ended March 21, the EIA said, compared with analysts’ expectations in …

US Crude Stockpiles Fall as Refining Continues to Rise, EIA Says Read More »