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Crude Stockpiles Rise, But Gasoline and Distillates See Big Draws

OilPrice

Energy Information Administration released on Wednesday. Energy Information Administration, rebounding from a slide earlier in the week, even after the American Petroleum Institute (API) reported on Tuesday a build of 4.247 million barrels in U.S. Crude oil inventories in the United States saw an increase of 1.4

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White House Wants to End Royalty-in-Kind Program

The Energy Law

by Elisabeth Lorio Baer Interior Secretary Ken Salazar informed Congress on September 17, 2009 that he would kill a controversial program, currently in effect, that allows energy companies to pay the government royalties for drilling on public lands in actual oil and gas in lieu of cash. For the full story, see [link]

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Processor Required to Account For Diverted Volumes Used for Gas Lift

The Energy Law

The measurement provision did, however, expressly reference and adopt an American Petroleum Institute manual that requires that equitable allocation include adjustment for “fuel gas, gas lift, flare gas, and the like.” The court also considered state regulations and industry standards. Liskow and Lewis represented Red Willow.

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Valor | Energy Connection – Jan. 20, 2025

Valor

January 20, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Stay tuned for weekly updates to keep you well-informed. Energy Information Administration projects an increase in crude oil and natural gas production in 2025. Despite the reduced rig count, the U.S.