Articles by tag: Tim Snyder

As the world grapples with the escalating crisis of climate change, the narrative is often dominated by the urgent call to transition from fossil fuels to renewable energy sources. However, there’s another side to the story that is often overlooked. According to the U.S. Energy Information Administration, as of 2020, fossil fuels still accounted […]

Amidst an ongoing boom in crude oil production in the Permian Basin, an unanticipated focal point has arisen: New Mexico. Over the last two years, the state has contributed to an astonishing 50% of the total increase in oil production from this prolific oil and gas region. The stakes are high, and the unique […]

Leadership in the U.S. energy industry finds itself in a supply-and-demand situation; low supply and high demand. As the planet grapples with the urgent need to transition to cleaner sources, traditional fossil fuels face mounting pressure for reform and innovation. Yet, the industry shows signs of a leadership crisis, undermining efforts to ensure reliable […]

U.S. oil auctions are back…sort of. In a significant move since the passage of President Joe Biden’s landmark climate change law, the U.S. held its first sale of oil and gas drilling rights on federal lands in late May, attracting over $78 million in high bids. This auction of 19 parcels in New Mexico, […]

By now, everyone’s heard the Silicon Valley Bank collapse story. Its repercussions are, at present, still sending shockwaves across the banking system, leaving the experts, pundits, the Fed, and everyone wondering if another pillar will drop or can the system hold together. While the collapse of Silicon Valley Bank (SVB) seemingly happened overnight, were […]

U.S. gas prices declined during December, but this relief at the pump could soon revert due to a significant oil spill from the Keystone pipeline leak. An estimated 14,000 barrels of crude oil spilled into a Kansas creek, forcing the pipeline’s closure on December 7, 2022. Adding to the concerns over a prolonged shutdown are […]

The recent successful cyberattack on the Colonial Pipeline sent a shockwave throughout the oil and gas industry beyond in the United States, and it’s not serving as a unique case study in how the sector impacts the entirety of the supply chain and many corners of society. To diagnose the attack’s impact and help break […]