Over the Christmas holidays, as many as twelve states in the country of Mexico experienced extreme gas shortages that ignited a panic among Mexican consumers, prompting a run on gas stations as locals moved to stockpile as much of the resource as possible. Some gas stations have seen lines with more than a hundred cars waiting to buy some gas. The scenes call to mind the long lines and mass frustration of the United States’ infamous shortages in the late seventies, however in Mexico, the dilemma is unprecedented.
Category Archives: Industry News
Can Obama’s Last Minute Actions Derail Trump’s Plan for the Expansion of the Industry Energy?
In the final weeks leading up to President-elect Donald Trump being sworn into office as President of the United States, the current sitting president, Barack Obama, is doing everything in his power to enact new legislation before he signs off. Of particular not to President Obama is environmental legislation. As Trump rounds out his Cabinet with friends of the oil and gas industry, is it possible that some last minute legislation will prevent President-elect Trump from realizing his dreams for a drastically expanded energy industry throughout his administration?
The Standing Rock Sioux Nation Victory is a Victory for Fracking
For several weeks, the Sioux Nation at Standing Rock, North Dakota garnered front page headlines across the world as they battled against the proposed path of the Dakota Access Pipeline. Now, after a series of protests, the Army Corps of Engineers have announced that they will be looking for alternative routes for the $3.7 billion pipeline. As a result, the Standing Rock Sioux have won a major victory for their quality of life. Of course, while the protestors around the Native Americans proclaim a victory against fracking, the truth is that the development is a major win for the practice as a whole.
Colorado Fracking Initiatives Endure Severe Scrutiny From Protestors
Just because a pro-energy politician has begun to transition into the White House doesn’t mean things for the Colorado energy industry are getting any easier. This week, the industry faced attacks on a variety of fronts as anti-fracking protestors have begun to diversify their efforts by moving into the courtroom. This new round of legal effort undermines the overly positive impact of fracking on the state as a whole.
What Does a Trump Presidency Mean For American Oil and Gas?
It’s a brand new day, folks. With the election of Donald Trump as President of the United States (admit it, you were surprised no matter how you voted), it’s only natural to wonder what lies in store for the oil and gas industry in the next four years. Trump has spent a lot of time in the last several months doing his very best to befriend high-ranking members of the industry, so there’s nothing to indicate that good times aren’t on the horizon. However, President Trump will have to fight something of an uphill battle if he’s going to repair an already ailing industry.