The Obama Administration has been anything but friendly to the oil and natural gas industry during the past two years; still, if a news release (below) received from the American Petroleum Institute this morning is any indication, people in the “oil patch” see an ever-so-slim sign of optimism in rising demand for their products: WASHINGTON [...]
Trade Group Cites Increase in Demand for Petroleum Products as Sign of Stronger Economy
December 17th, 2010 · No Comments
Tags: · american petroleum institute, api, baker hughes, crude oil, demand, diesel, drilling rig, Economy, Fuel, fuel demand, gasoline, gasoline deliveries, import, natural gas, Obama, obama administration, oil, petroleum, petroleum deliveries, piceance basin, refinery, Trade Group Cites Increase in Demand for Petroleum Products as Sign of Stronger Economy
Drilling Plan for Doomed Rig Approved By Obama
April 30th, 2010 · 1 Comment
Dan Riehl brought to light an interesting piece of trivia related to the offshore drilling rig disaster in the Gulf of Mexico. It appears the blame for this event, one of history’s worst environmental disasters, can’t be shuffled off to President George W. Bush. That’s right! It seems the initial exploration plan for the British [...]
Tags: · Barack Obama, blame bush, bp, british petroleum, dan riehl, drilling plan, Drilling Plan for Doomed Rig Approved By Obama, drilling rig, exploration plan, George W. Bush, interior, interior secretary ken salazar, Ken Salazar, macondo, macondo project, minerals management service, mms, Obama, oceans, offshore drilling, offshore technology, president barack obama, President George W. Bush, Riehl World View, secretary of the interior
Offshore Drilling Record Set in Gulf of Mexico
December 3rd, 2008 · 1 Comment
On Aug. 19, I shared details about the Perdido Regional Development Spar, the world’s deepest offshore drilling rig, operating off the coast of Texas. Today, I offer an update: Shell Oil Co. said Tuesday it has set a world water-depth record by drilling and completing an oil well in 9,356 feet of water in the [...]
Tags: · coast of texas, drilling, drilling rig, gulf of mexico, offshore driling, perdido, perdido regional development spar, shell, shell oil co, texas, water-depth record, world's deepest offshore drilling rig
