Shale oil pioneer Harold Hamm takes company private ‘to maintain our competitive edge’

Shale oil pioneer Harold Hamm takes company private ‘to maintain our competitive edge’

by WorldTribune Staff, June 14, 2022 Harold Hamm, who played a pioneering role in the shale boom that led to U.S. energy independence during the Trump administration, is looking to take Continental Resources Inc. private, offering about $4.3 billion in cash to buy the portion of the company’s shares he and his family don’t already […]

President Trump details stance on fracking as vital for jobs, opportunity, national security

President Trump details stance on fracking as vital for jobs, opportunity, national security

by WorldTribune Staff, November 1, 2020 President Donald Trump on Saturday said he signed an executive order aimed at protecting fracking and instructing the Office of the U.S. Trade Representative and the Treasury Department to provide information on how fracking affects the economy, trade and national security. “Moments ago I signed an executive order to […]

Report: Ban on hydraulic fracturing would kill 7.5 million jobs by 2022

Report: Ban on hydraulic fracturing would kill 7.5 million jobs by 2022

by WorldTribune Staff, February 28, 2020 Earlier this month, socialist Democratic Rep. Alexandria Ocasio-Cortez introduced the Fracking Ban Act, which is a companion bill to legislation sponsored by fellow socialist Sen. Bernie Sanders that would revoke current leases on fracked wells within 2,500 of “inhabited structures” such as schools and homes. “Fracking is destroying our […]

America’s energy independent status dramatically shifts global power balance

America’s energy independent status dramatically shifts global power balance

FPI /December 8, 2019 Analysis by Onar Åm, LibertyNation.com When the United States became a net oil exporter in November 2019, nearly 75 years of energy dependence on dubious regimes came to an end. It happened without buzz or fanfare, but the geopolitical consequences are earthshaking. The impetus has been the shale-oil revolution, which has […]

U.S. oil output to surpass Saudi and Russia combined by 2025

U.S. oil output to surpass Saudi and Russia combined by 2025

by WorldTribune Staff, January 28, 2019 Driven by a continued shale boom, the United States is on track to produce more crude oil and liquids than Russia and Saudi Arabia combined by 2025, an energy consultancy said. In 2018, the U.S. passed Russia and OPEC-leader Saudi Arabia to become the largest crude oil producer. America’s […]

‘Christmas came early’: New energy reserve may be largest ever in U.S.

‘Christmas came early’: New energy reserve may be largest ever in U.S.

CELEBRATING 20 YEARS OF EXCELLENCE: Countdown: Top stories of 2018 by WorldTribune Staff, December 24, 2018 What is believed to be the largest oil and natural gas reserve ever assessed in the United States has been discovered in Texas and New Mexico, according to the U.S. Geological Survey (USGS). The Wolfcamp Shale and overlying Bone […]

With House majority, Democrats could threaten fracking industry

With House majority, Democrats could threaten fracking industry

by WorldTribune Staff, November 13, 2018 House Democrats are expected to take aim at the fracking industry that has been a major boon to the U.S. economy and despite its excellent safety record, a columnist noted. “Energy production on public lands in the American West is likely to come under increased scrutiny” when Democrats assume […]

Say what? EPA announces greenhouse gas emissions dropped in Trump’s first year

Say what? EPA announces greenhouse gas emissions dropped in Trump’s first year

by WorldTribune Staff, November 1, 2018 U.S. greenhouse gas emissions dropped by 2.7 percent in President Donald Trump’s first year in office, the Environmental Protection Agency announced on Oct. 31. “Thanks to President Trump’s regulatory reform agenda, the economy is booming, energy production is surging and we are reducing greenhouse gas emissions from major industrial sources,” […]