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Trump’s picks leave energy industry optimistic

oil men, Trump, cabinet

For those who have been frustrated with the Obama Administration’s policies on climate and energy, Trump’s choices of several oil men for executive positions have those in the oil and gas industry feeling optimistic that change is coming. A Fuelfix article earlier this week reminds us that government and oil haven’t always gotten along. Ever since the U.S. Supreme Court ...

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Hamm: Pruitt is a great pick to lead the EPA

Pruitt, EPA

This week, President-elect Donald Trump made another appointment that will directly influence the oil and gas industry in the United States. Trump named Oklahoma Attorney General Scott Pruitt as his choice to run the agency that makes many energy industry folks shudder, just by hearing the name. However, Trump’s pick to lead the Environmental Protection Agency (EPA) is what drilling ...

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Israeli Cabinet OKs new gas deal after High Court objections

JERUSALEM (AP) — Israel’s Cabinet has approved a new deal with a consortium of natural gas developers after the country’s Supreme Court rejected the previous agreement. The new deal changes a clause that would have prevented Israel from making significant regulatory changes for the next ten years. The Supreme Court struck down the deal over that clause and gave Israel ...

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Saudi Arabia says ready to work with others to stabilize oil market

KHOBAR, Saudi Arabia – Saudi Arabia’s cabinet said on Monday it was ready to cooperate with OPEC and non-OPEC countries to achieve market stability, repeating what Oil Minister Ali Naimi said in a speech last week. “The council (of ministers) … stressed the kingdom’s role in (achieving) the stability of the oil market and its continuous readiness and efforts to ...

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