Blog – Energy Law Today

http://energylawtoday.foxrothschild.com/

Powered by the attorneys in the firm’s Energy & Natural Resources group, Fox’s Energy Law Today blog covers the legal developments in energy and natural resources that will impact parties operating in these sectors.

Recent Blog Posts

  • Key Energy Bills Before the Wyoming Legislature The 2018 Wyoming Budget Session of the 64th Legislature began today and there are several key bills relating to energy issues that are up before the Cowboy State’s legislature. I will highlight a few here and track them through the session to see how they end up – stay tuned! All of the Bills before the Wyoming Legislature, and their statuses as the session progresses, can be found here at the House Bills Index/Senate Files Index. A Few Key Energy Bills Before... More
  • January is Good to Us…Once in a Blue Moon For many, this month has been very good to us. January is traditionally a month of hope and resolutions that many feel will set the tone for the upcoming year.  Based on this month, we are looking forward to a great 2018! Crude oil is in a similar position – January has been very good for it. According to the Bloomberg article entitled, Dollar Helps Propel Oil to Three-Year High as Supplies Tighten, “[o]il just got an extra tailwind from a weakening... More
  • Denver’s Office Market Benefits from Uptick in Energy Sector You may remember a prior blog post I wrote back in May of 2016 about Denver’s office real estate market feeling the pinch of the downturn in the oil and gas industry – Denver Feeling the Pinch: Denver Office Market Finally Feeling the Effects of Downturn in Energy Industry. A few months later in September of 2016, I wrote a follow up piece discussing this further in the blog entitled, Denver Office Market Still Feeling the Impacts of the Downturn... More
  • Resilience is Key: Gingerbread and Oil Prices For the first time during my holiday baking, I added gingerbread men to the baking list. I can’t emphasize how nervous I was to add gingerbread to my already long list of holiday baking items. We have all bitten in to a rock hard gingerbread cookie and been amazingly disappointed. It is a lot of pressure to bake the perfect cookie from a new recipe you have never tried before. Gingerbread can be especially difficult to perfect – like oil... More
  • Through the Eyes of the Cowboy State: A Commentary on Wyoming Being Featured in the New York Times Earlier this month, an article on my home state of Wyoming was featured in the New York Times.  As I have said before, it is not often that the Cowboy State is written about in the New York Times; in fact, I think the last time I wrote about it was back in 2015 – see that old blog post here. The New York Times article was featured on December 14, 2017 and was entitled, Where Wind Farms Meet Coal Country,... More
  • Is the Fate of the Venting and Flaring Rule Up in the Air? Only Time Will Tell… The Bureau of Land Management (“BLM”) announced today that it has temporarily postponed certain requirements contained in its 2016 final Waste Prevention Rule (also known as the Venting and Flaring Rule) for 1 year, until 2019. The full text of the proposed rule language governing “Waste Prevention, Production Subject to Royalties, and Resource Conservation; Delay and Suspension of Certain Requirements” can be found here. The new rule is scheduled to be published in the Federal Register tomorrow, December 8, 2017. By way of a reminder,... More
  • Oil Prices Reflecting Cold Feet? Just recently, oil prices hit a two-year high – but now, this week they have started to head lower. What is going on? Are sliding oil prices a reflection of cold feet? As I write this, according to Bloomberg Energy, WTI Crude is down to $56.96 per barrel (a -1.03% change) and Brent Crude is at $62.77 per barrel (a -1.32% change).  This is down about $1 per barrel from yesterday. So what is causing folks to be nervous and uncertain and to have cold feet?... More
  • Watching the Broncos and Commodity Prices: Not for the Faint of Heart If you watched the Broncos play the Patriots on Sunday, chances are you still do not want to talk about it. Chances are also that you are devastated by the fact that they are 3-6 right now, but you are nonetheless looking forward to watching the Broncos play the Bengals this coming Sunday. You may have also noticed that the price of oil has been declining for the past 4 days in a row… Two things that I have learned are not... More
  • Oil’s Dance Moves: From Contango into Backwardation Last August, I wrote a blog entitled, “Did you just ask me to dance the Contango?” It explained, in detail, oil prices being in Contango – the “situation where the future spot price is below the current price, and people are willing to pay more for a commodity at some point in the future than the actual expected price of the commodity” (according to Investopedia). Fast forward to today… Everyone is talking about oil prices.  Specifically, the price of oil hitting the... More
  • What Fuels Tennessee?   Many of you know that when I travel, I tend to start to wonder about that state’s energy sector. What fuels it? What makes it different from Colorado and Wyoming? This weekend, I was in Nashville, Tennessee – “Music City.” I started to wonder, besides being the home of country music and amazingly fun honky tonks where folks from all over the country come to kick their heels up, what fuels Tennessee? It’s not all country music, hot chicken, cowboy boots and... More