Over the last ten days, the United States’ chief energy competitors Russia and Saudi Arabia, launched a two-pronged assault designed to destabilize the thriving US oil and gas industry. Russia is attempting to flood the market with shale oil and natural gas. Saudi Arabia is pumping out cheap crude. And the United States, awash in all of them, is preparing a strategy to stay out in front.
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Oil and Gas Execs Want to Set the Record Straight
In the days leading up to Super Tuesday, the majority of the Democratic field can only agree on one issue. Time and time again, the likes of Elizabeth Warren and Bernie Sanders have scored easy political points by decrying the oil and gas industry’s role in climate change. Perhaps no other issue facing the United States today is as volatile or as misunderstood as the debate raging around oil and gas extraction.
Continue readingDepartment of Interior Exceeds 1 Billion Barrels on Public Lands
The United States Department of Interior reports that during fiscal year 2019, the US produced one billion barrels of oil on federal public lands for the first time in history.
Continue reading3 Myths About Oil and Gas’ Impact on Climate Change
With each passing day, there seems to be another news story that bemoans the damage caused by climate change only to point the finger of blame squarely at the oil and gas industry. Economist Mark Jaccard, however, feels that anti-fracking activists’ may be operating under several mistaken assumptions regarding the role of oil and gas in climate change.
Continue readingOil and Gas Contributions Transcend Tax Payments
At Upstream Petroleum, we’re proud to use our resources to invest in the safety, health, and well-being of every citizen of Colorado. That’s just one of the reasons that we regularly contribute to charities near and dear to our hearts. Take, for instance, our recent contribution to the Denver Rescue Mission.
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