The business of gas has become a bigger factor than most expected when the Shale Revolution reinvigorated the Permian Basin. What’s the latest for this commodity? In 2023, natural gas has been fairly steady, not making the surge some expected, but not going into collapse, either. In the United States, the hot summertime has put […]
The Permian Basin and National Security
Congressman August Pfluger addressed members of the Permian Basin Petroleum Association on June 27 in Midland, Texas, updating them on events in Washington, D.C., and emphasizing the strategic and economic importance of the Permian Basin to not just the nation but to world security and stability. These are his remarks, in full. To Ben, Steven […]
Legislature Enters Second Special Session
by Julie Anderson During a recent Permian Basin Petroleum Association (PBPA) luncheon, Association President Ben Shepperd referenced a reality that initially defined the 88th Texas Legislature: extra money on hand. “We started out with about a $33 billion surplus in the treasury,” Shepperd observed. “Roughly two-thirds of that was due to, plain and simple, oil […]
88th Regular Session Enters Home Stretch
Texas representatives and senators are required by law to pass a balanced budget every two years. While the House and Senate each work on the budget and hold hearings simultaneously, they traditionally take turns originating the general appropriations bill and chairing the Budget Conference Committee. For the 2023 Regular Session, the bill originated in the […]
Legislative Updates
New Mexico Gavels Out The New Mexico Legislature adjourned sine die on March 18, closing out the 60-day 56th Session during which industry advocates spent most of their time playing defense. “A number of highly troubling bills were introduced that could have greatly impacted oil and natural gas operations in the Land of Enchantment,” reported […]
Resolutions… and Rejoinders
It’s never too early to put in a word for something or to speak up for a worthy endeavor. Especially in a world where there are plenty of folks who are doing their best to pre-empt our directions and make our decisions for us. (Are you listening, Washington?) Let it be resolved that the Permian […]
OPINION: Energy at the Crossroads
By Jesse Mullins Will ESG win the day and welcome O&G into the Climate Change fold, converting O&G’s leadership into the Green Movement’s biggest cheerleaders? Or is the Energy Transition slipping a gear as the country barrels toward 2024… or 2030… or 2050… or whatever target date means most to the faithful. We opine. The words you […]
Energized: Women Find a Place in Energy
Women have found work in oil and gas from that industry’s beginnings, but through that long history, and even to this day, the oil and gas industry has been a predominantly male-occupied, male-driven industry. The Permian Basin is no exception. But things are slowly changing, and recent trends have something to do with that. Meanwhile, […]
Steering Success in the World of Women in Energy
by Katerina Jones There are countless articles published on the importance and value of mentorship, and we saw this idea cited often during Women’s History Month in March. Many writers stress the fact that mentorship is especially critical for professional women in the workforce. For professional women in a male-dominated industry such as […]
TCEQ and the Permian Basin
MIDLAND, TEXAS—It was a meeting of the regulator and the regulated when TCEQ Commissioner Emily Lindley addressed the membership of the Permian Basin Petroleum Association (PBPA) in the Midland Petroleum Club as keynote speaker for its March 17 luncheon. The Texas Commission on Environmental Quality is the environmental agency for the state. TCEQ employs approximately […]
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