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Trump election shows promise for oil and gas industry

harold hamm endorses donald trump

The U.S. oil and gas industry shows tentative hope that a new Trump administration will “re-ignite growth in the sector,” according to a Forbes article Friday. Frank Murphy, managing director of RW Baird, said: The 45th president will likely remove regulatory impediments imposed by the Obama administration that have stymied oil and gas drilling and infrastructure buildout. Forbes reported Murphy ...

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WSJ: Oil, Coal Seen as Winners With Trump Victory

coal miner, coal mine

Beyond Donald Trump’s advocacy for American energy independence, his stance on specific energy policy during his campaign was often blurry. Today, the Wall Street Journal discussed President-elect Trump’s victory at the polls as a victory for the coal and oil industries. Republican Donald Trump’s election as U.S. president promises relief for U.S. coal miners, a boost for American oil players ...

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Hamm joins Trump’s short list of cabinet prospects

trump, hamm, cabinet

As the dust settles from this year’s presidential election, conversation has already turned to Donald Trump’s proposed cabinet. Big names like Rudy Guiliani, former New York City Mayor, and other “like-minded CEOs,” top the list for positions in Trump’s cabinet. What does this mean for the oil and gas industry? One of the industry’s most prominent businessmen could hold a ...

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Use more energy? One reason why America would benefit

manufacturing, energy, jobs

The recent discussion around energy typically ends with a statement about how Americans, and people globally, ought to cut down on energy usage in order to curb climate change and change the energy industry. But a recent article by Marita Noon, from Townhall, says the opposite is true. The title of the article is “America Needs to Use More Energy, Not Less.” ...

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Iran makes $6 billion deal with Total, CNPC

total SA, Iran

According to the Wall Street Journal, Iran plans to sign a preliminary $6 billion deal with Total SA on Tuesday to help develop an onshore gas field. The move by Total is the first return by a Western energy company since sanctions were lifted this year. Total was long one of the most active Western oil companies in Iran, and ...

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Reports says fracking ban would hurt PA jobs

Any federal ban on fracking for oil and natural gas would cause fuel prices to surge, leading to job losses, higher electricity and gasoline costs and an increased cost of living, especially in top gas-producing states like Pennsylvania, the U.S. Chamber of Commerce said in a report issued on Friday. Four days before the presidential election, the Chamber’s report focused ...

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Still a seesaw: rig count up, oil futures down

rig count, Baker Hughes

We report the Baker Hughes rig count every week, and typically we find straightforward numbers from sources such as the Associated Press. But today, we bring you a snippet from OilPrice.com’s article. The description is absolutely priceless. For the oil markets, this week has been nothing short of a Tea Cup ride at some rinky-dink traveling fair, operated by some ...

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Customer Service is More Than Just Being Nice; If Done Right, It Can Save Your Customers Big Bucks

Light Tower Rentals, customer service

By Jeff Miller At LTR, our core values are Safety, Customer Service, Integrity, Teamwork, and Accountability.  Safety is the focus of every job at Light Tower Rentals (LTR).  It starts at the office, continues at the jobsite, and really never finishes.  Safety is priority one, because if you don’t have a safe work environment, you won’t have customers.  Without customers, ...

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US rig count up 4 this week to 557; North Dakota gains 5

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 4 this week to 557. A year ago, 775 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 441 rigs sought oil and 114 explored for natural gas ...

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