Kunal Patel, Dallas Federal Reserve, recaps their recent study which explains that activity in the energy sector deteriorated further in second quarter 2020, according to oil and gas executives responding to the Federal Reserve Bank of Dallas Energy Survey. The business activity index—the survey’s broadest measure of conditions facing Eleventh District […]
Daniel Stenberg, McKenzie County Economic Development and Job Development Authority comments on the unbelievable population growth in the heart of the Bakken oil field, Watford City, North Dakota. Watford City’s population has increased 349% since 2010 according to the recently released 2019 US Census Bureau estimates. Since 2010, Watford City’s […]
Zach Ellis, Commercial Credit Group, reacts to the recent report on oil and gas from the Dallas Federal Reserve, which was not optimistic for the current state of energy. Ellis talks about how the independent finance market it starting to heat up as the Payroll Protection Program funds deadlines and […]
Dallas Fed says Collapse Activity in the energy sector deteriorated further in second quarter 2020, according to oil and gas executives responding to the Federal Reserve Bank of Dallas Energy Survey. The business activity index—the survey’s broadest measure of conditions facing Eleventh District energy firms—fell from -50.9 in the first quarter […]
The Big Big Big Players The oil and gas sector is notorious for booms and busts. The ongoing bust cycle, however, is beginning to look like the new norm with investors continuing to give the sector a wide berth. Oil and gas stocks have fallen so much that you would […]
The following is a press release from the state of Colorado: Gov. Polis today announced new appointments to the Colorado Oil and Gas Conservation Commission. Last year, the Governor signed the landmark SB19-181, which transitions the commission from 9 appointees to a professional 5-member commission. “This landmark law protects health […]
The North Dakota Industrial Commission approved a plan to spend $33.2 million in federal CARES Act funds towards a program that will reclaim abandoned and orphan oil well sites. “We believe we will employ probably close to 600 North Dakota CAT operators, dirt work people, roustabouts, restoration of these sites,” […]
Jake Milne and Bailey Midkiff, W.I.C., discuss how new opportunities have added Adam Dickinson to the W.I.C. team. All three give an update from their respective professional areas in business and how the COVID Shutdown has impacted it. Examples of the the changing marketplace and new normal in the workplace […]
Zach Ellis, Commercial Credit Group, discusses diversification in industry. Ellis gives some reports from the road in the Permian basin. Ellis reacts to the recent shut ins and how some companies are responding to the ripple. The interview dives into the supply chain of the oil and gas industry and […]
Brandon Davis and Imran Khan, Swan Energy, react to a recent article in the Houston Chronicle reporting the “Energy Apocalypse” in oil and gas. Sensationalism and speculation from the media is discussed in the interview. Host Jason Spiess asks if the shift from reporting to speculating in the media has […]
Misleading Hope Aaron Jordan, Black Water Environmental, talks about the word “hope” and how it can be used in misleading ways in industry and business. “Hope should never be used in an industrial sense. Ever. You don’t hope you are going to be safe. You don’t hope you have the […]
Craig Ray, Keystone Oil Fabrication, gives a history his company’s diversification in industry. From Sand Kings to Cranes to Silos, Ray discusses past pitfalls and successes in a volatile market. Ray explains the difference between “silo” and “box” in the frac sand market and what his professional opinion is. The […]
Barb Kirkmeyer, Weld County Commissioner, Colorado, describes the current energy scene in Colorado. She comments on new Governor Jared Polis and SB 181, as well as upcoming political notes of interests. Kirkmeyer is currently running for Colorado Senate District 23 with a platform promoting economic freedom, liberty and limited government. […]
Getting Up To Code Aaron Jordan, Black Water Environmental, gives an update from the field and how companies are taking this time to clean and get up to code in some areas. “I actually have a crew in south of Gillette, Wyoming, and they are bouncing from five different salt […]
Terry Etam, End of the Fossil Fuel Insanity, BOE Report and Public Energy Number One, dives into the abandoned well issue in America and Canada. Etam explains how Canada approaches the issue of “orphan” and “abandoned” wells and cites a recent Reuters article for the American juxtaposition. Etam cites “socialist […]
U.S. Senators Kevin Cramer (R-ND) and Martha McSally (R-AZ) wrote a letter to BlackRock CEO Larry Fink today asking him to explain BlackRock’s support for Chinese companies who ignore US financial regulations and the firm’s hostility toward domestic energy producers. The letter comes ahead of Federal Reserve Chairman Jay Powell’s appearance before the Senate Banking Committee. […]
Diversity in Energy Aaron Jordan, Black Water Environmental, shares an update from Wyoming’s energy scene. Jordan explains how they have had to diversify themselves during the COVID-19 Shutdown. “We’ve been on sites where we been sequestered where we’ve had to work weird hours and do different kinds of check in […]
Fight For Your Mineral Rights Mark Fox, chairman, The Mandan, Hidatsa and Arikara Nation (MHA Nation), explains how the Department of the Interior reversed a treaty going back to 1825 by issuing an opinion that overturned three prior decisions from the department giving the state of North Dakota the rights […]
New Oil and Gas Law In Colorado The state of Colorado adopted new rules Wednesday requiring more steel casing and cement in drilling wells to protect groundwater. The new law also requires that every well in the state be pressure tested every year. According to the Colorado Oil and Gas […]
Zach Ellis, Commercial Credit Group, shares an example of how people in the oil and gas industry are diversifying their services in order to stay keep revenues going. Commercial Credit Group Inc. is an independent, commercial equipment finance company that provides secured loans and leases to small and mid-sized businesses […]
Senator John Hoeven sent The Crude Life the following statement after the Environmental Protection Agency (EPA) proposed reforming its cost-benefit analysis for new regulations issued under the Clean Air Act to provide more transparency and certainty. The agency is seeking to develop future analyses in a consistent manner that includes […]
Thomas Ciarlone, Kane Russell Coleman Logan, discusses some of his COVID Shutdown and coronavirus concerns in regards to lease terminations, shut in wells and several other topics involving contractual themes. Ciarlone comments on how the idea of government controlled oil supply would impact mineral owners and lease holders. The Force […]
Curtis Shuck, Well Done Foundation, gives some history of the abandon and orphan wells in the United States. Shuck believes his 30 years of oil and gas experience has created an opportunity to create positive endeavors for industry and communities. Many of the wells are on farms or ranches or […]
Curtis Shuck, Well Done Foundation, gives some history of the abandon and orphan wells in the United States. Shuck believes his 30 years of oil and gas experience has created an opportunity to create positive endeavors for industry and communities. Many of the wells are on farms or ranches or […]
Terry Etam author of End of the Fossil Fuel Insanity, writer at the BOE Report, and blogger at Public Energy Number One gives an update from Canada on the current state of oil and gas. Etam comments on the recent momentum of governments stepping in and controlling oil and gas […]
It’s a BBQ Special on The Crude Life. Jesse Johnson explains how to BBQ a whole pig, how to cut it and how to prepare it. Daviney talks about her trip to Scotland to visit castles and how the Bakken BBQ fundraiser for Make A Wish made her Wish happen. […]
The Crude Life host Jason Spiess joins Genneca for a weekly energy report on The Country Twins morning show. Spiess talks about North Dakota as the latest state to discuss whether the state should get involved with controlling production. Industry’s ideological crossroads of whether to allow government intervention or not […]
Mesa County (CO) commissioner Rose Pugliese doesn’t believe one size fits all when it comes to government intervention and local control. Pugliese recently began the public conversation regarding Mesa County being part of the Western and Rural Local Governments Coalition (WRLG), a group of 23 county and municipal governments in […]
Zach Ellis, Commercial Credit Group, gives an update from the state Texas as he travels across the southern shale plays. Ellis will be traveling to Oklahoma next week with another trip back into Texas. Ellis consults and finances businesses in the oil and gas industry who need alternative financing or […]
At a hearing of the Senate Energy and Natural Resources (ENR) Committee this week, Senator John Hoeven secured support for North Dakota’s energy priorities with Mark Menezes, the nominee to serve as Deputy Secretary of Energy. The senator urged Menezes to work with him in helping maintain the nation’s oil […]
Jason Spiess, host of The Crude Life, discusses the history of agriculture and energy. He discusses some of the opportunities in the water industry. Spiess also talks about areas of economic opportunity that currently exists in today’s marketplace. Spiess outlines the flow of the stimulus and PPP money and where […]
Brandon Davis, Swan Energy, explains why their energy company is going heavy natural gas in the future and are looking to buy up fields right now. Davis says they have already looked at about 100 leases and are continuing their search for natural gas opportunities. He estimated they will add […]
Alliant Energy customers in Wisconsin are now receiving energy from the newly constructed West Riverside Energy Center. The 730-megawatt, highly efficient, combined-cycle natural gas generating station is located near Beloit, Wisconsin. During construction, more than 1,000 jobs were created and millions of dollars spent to support Wisconsin businesses. The generating […]
Gov. Doug Burgum and U.S. Senator John Hoeven met with President Donald Trump at the White House, highlighting the benefits of state-federal partnerships to North Dakota’s COVID-19 response and recovery efforts and the need for continued federal support to fully execute the state’s testing strategy. During the White House meeting […]
Brandon Davis, Swan Energy, explains why their energy company is going heavy natural gas in the future and are looking to buy up fields right now. Davis says they have already looked at about 100 leases and are continuing their search for natural gas opportunities. He estimated they will add […]
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