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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

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

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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The Decade We Won Our Energy Independence

The Decade We Won Our Energy Independence

As we usher in a new decade, I have been reflecting on certain moments in time that will be etched in the history of energy. I believe these past 10 years will prove to be one of the most momentous decades in the history of the United States. One of the decade’s great moments came on December 18, 2015, when…

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Continental Resources Announces Harold Hamm Is Stepping Up to Executive Chairman

Continental Resources Announces Harold Hamm Is Stepping Up to Executive Chairman

Continental Resources, Inc. (NYSE-CLR) announced December 11, 2019 that effective January 1, 2020, Founder and Chief Executive Officer, Harold Hamm will step up to the role of Executive Chairman. William Berry has been appointed Chief Executive Officer and President Jack Stark will assume the additional role of Chief Operating Officer. “Bill gives us an extraordinary opportunity to expand our leadership. He brings a notable resume…

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Drilling ban proposals divide Democrats in U.S. oil states

Drilling ban proposals divide Democrats in U.S. oil states

FILE PHOTO: An oil drilling rig operates in the Permian Basin in Lea County, New Mexico, U.S., February 10, 2019. REUTERS/Nick Oxford/File Photo Article by Reuters    CARLSBAD, New Mexico  – In the southeast corner of New Mexico, new houses, hotels and jobs are sprouting like flowers in the desert. Trucks hauling equipment and laborers jam once-barren highways on the…

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Domestic energy producers, the Middle East and Israel

Domestic energy producers, the Middle East and Israel

From Council For A Secure America The growing sophistication of domestic oil and natural gas production has enhanced the US national security. It has transformed the leader of the free world from a major importer of crude oil to the world’s top producer of both crude oil (surpassing Saudi Arabia) and natural gas (ahead of Russia), expected to be the…

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