Yearly Archives: 2020

DEPA ANNOUNCES ANTI-DUMPING INVESTIGATION

 TULSA, OK –  Today, the Domestic Energy Producers Alliance (“DEPA”) announced the association’s support for an American anti-dumping action petition to be filed with the United States Department of Commerce and the United States International Trade Commission requesting the initiation of an antidumping and/or countervailing duty investigation regarding crude oil price manipulation by Saudi Arabia, Russia, and perhaps others. The…

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Oil Tycoon Hamm Seeks Anti-Dumping Probe Against Saudi Oil Flood

Shale billionaire Harold Hamm intends to file a complaint with the U.S. Department of Commerce against Saudi Arabia for “illegal” dumping of crude that sent oil prices into a tailspin earlier this week.  The Continental Resources Inc. founder will begin an investigation with an industry trade group, the Domestic Energy Producers’ Alliance, he said in an interview with Bloomberg TV. The…

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Oil Production form Department of Interior Managed Leases Surpasses 1 Billion Barrels for the First Time In History

WASHINGTON – The Department of the Interior announced today that over one billion barrels of oil were produced in Fiscal Year (FY) 2019 from leases on federal and American Indian-owned lands and offshore areas – a historic milestone. This is greater than a 29 percent increase in production compared to the end of the previous Administration, which totaled 808.7 million barrels…

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