2/4/2017 | 02/04/2016 | 02/04/2015 | 02/04/2014 | 02/04/2013 | |
---|---|---|---|---|---|
Active Rigs | 40 | 44 | 140 | 190 | 184 |
Scott Adams: Berkeley and Hitler.
***************************************
Making America greater than ever before: US transparency reversal stings Canadian, European oil firms. From Rigzone:
- Senate, Friday: passed a resolution to overturn the "resource extraction rule," an Obama administration regulation that required companies to disclose taxes and other payments to foreign governments
- President Trump expected to soon sign the resolution killing the rule
- the rule was among a handful of regulations ushered in during the final months of Obama's presidency
- overturning the regulation leaves the Canadian and European natural resource companies with far more stringent reporting standards for payments to foreign governments than US behemoths like Exxon Mobil and Chevron
- could provide American companies a glimpse of their rivals' negotiating tactics around the globe, without having to tip their hands in return
So much could be said; there are so many story lines here; just best to move on. But again, President Trump working at making American greater than ever before.
***************************
FERC's Last Acts
From Rigzone: FERC approves construction of Energy Transfer Partners LP's Rover natural gas pipeline from Pennsylvania to Ontario.- 3.25 billion cfpd project
- $4.2 billion project
- to come on line 2Q17
By the way, there was another pipeline along the southern border approved; if I find the story again, I will post it. Yes, here it is, over at Twitter:
********************************
Russia May Speed Up Production Cuts
From Reuters via Rigzone:
- in January, Russia cut by 100,000 bopd
- plans to deepen the reduction to 300,000 bopd by the end of April
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.