An individual’s “average daily production” of crude oil or natural gas is determined by dividing the aggregate production from all oil or gas interests, as the case may be, during the tax year by the ...

A pumpjack operates just outside of the Odessa Ector Power Partners natural gas power plant Wednesday, March 9, 2022, in Odessa, Texas. (Odessa American/Eli Hartman) Increasing the oil and natural gas ...

Oil troubles the water it floats on this year from the Pacific surf to the Potomac, and even water where it isn’t, along the deep blue coast of Maine, is sullen against it. The 27.5 percent oil ...

In more ways than one, oil is power. It provides 75% of the U.S.’s energy, serves as the basis of some of its most fa bled personal fortunes and influences its foreign and domestic policy. Now the ...

As this is AutoBlogGreen, being green is our reason for both writing and reading this blog. This book, published in 2006 and reviewed in Yes! Magazine by Guy Dauncey, talks about the current – not ...

Serious discussion has erupted outside the oil and gas industry about the important topic of depletion. The industry, to which depletion is not news, should make sure the discussion remains serious.