Bob McCarty Writes

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Lease Sale Attracts Nearly $1 Billion in High Bids

March 17th, 2010 · 1 Comment

News that the Central Gulf of Mexico Oil and Gas Lease Sale 213, held today in New Orleans, attracted nearly $1 billion in high bids, according to the Department of the Interior’s Minerals Management Service, had leaders in the nation’s oil and natural gas industry excited and calling upon the federal government to replicate the [...]

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Oil Industry Leader Hopes President Obama Recognizes Potential of Energy Development

January 26th, 2010 · No Comments

Along with reporters from the Wall Street Journal, New York Times and a slew of other household-name media outlets, I was invited to participate in a conference call hosted by American Petroleum Institute President Jack Gerard at 10 o’clock Central this morning.  Unfortunately, I was juggling several items and was unable to pay as close [...]

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Domestic Drilling Activity Drops 37 Percent in 2009

January 14th, 2010 · No Comments

While the estimated number of U.S. oil and natural gas wells and dry holes completed in 2009 – 39,068 — was 37 percent lower than 2008, according to officials at the American Petroleum Institute, there is some good news in the Oil Patch.
Fourth-quarter totals of 10,609 completions were 19 percent higher than the third quarter, [...]

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State of the Energy Industry Confab Held in D.C.

January 13th, 2010 · No Comments

“U.S. and global energy policy remains in the forefront of public debate, and I expect will remain there well into this decade,” said Jack Gerard, president of the American Petroleum Institute.  “Unfortunately, too often lost in the sloganeering is the reality of what it will take to provide the nation with affordable, reliable energy and [...]

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China Plays It Smart While Democrats Destroy: What You Need to Know About Your Energy Future

December 16th, 2009 · No Comments

As so-called “cap-and-trade” legislation winds its way through Congress, many Americans want to know how they their country’s energy future might be impacted if the legislation becomes law.  Because the mainstream media isn’t being too honest about the topic, they have to find alternative sources of information, including the blog you’re reading now.  Another good [...]

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