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

  • Gold King Mine: In it for the Long Haul The Gold King Mine was in the news this week  – by way of a reminder, the Gold King Mine wastewater release occurred from an inactive Colorado gold mine near Silverton, Colorado, back in August of 2015 and the impacts were great, to say the least. I have been following the Gold King Mine wastewater release since it happened, see the first post entitled, “The Aftermath of Gold King Mine August Wastewater Release: EPA Suspends Work at Ten Mine Sites” and... More
  • 30,000 Foot View: State of the Oil Patch   Big picture concepts have filled my mind lately – I am trying to take a step back and see the whole picture instead of getting too deep in the weeds and isolated details. It made me curious – what is the 30,000 foot view of the state of the oil patch right now? In sum, overall this year I have seen rising confidence with a healthy degree of skepticism and conservative enthusiasm when it comes to the energy sector. Let’s break down... More
  • Record Year for North Dakota?   The number of producing oil wells in North Dakota just hit a new record…by all accounts, North Dakota could be on track for having a record year. On Friday, Lynn Helms, Director of Mineral Resources for the North Dakota Industrial Commission, released the Director’s Cut dated 5/12/2017 – which can be found here. The Director’s Cut outlines oil and gas activity for the State of North Dakota on a monthly basis. The March 2017 Director’s Cut contains some interesting information: New Record: A new all-time... More
  • Takeaways from the May EIA Short-Term Energy Outlook   The U.S. Energy Information Administration (“EIA”) released its Short-Term Energy Outlook (“STEO”) yesterday for the month of May – the forecast highlights can be found here and the full report can be found here. Here are a few of the main takeaways from the May STEO forecasts: Crude Oil – the recent drop in prices may continue: According to the petroleum and natural gas markets review portion of the May STEO: “Expectations of supply growth in 2017, particularly in the United States, as well... More
  • Hold your Horses: Oil Prices in a Landslide…Again.   Oil prices are slipping once again. According Bloomberg Energy, WTI Crude Oil is currently at $45.43 (-5.00% change) and Brent Crude closed $48.36 (-4.78% change) as I write this. Today’s headlines will put a lump in your throat: Forbes: Gold Slumps to 6-Week Low as Crude Oil Tanking CNN Money: Oil Prices have Plunged 15% in 3 weeks CNBC: US Crude Plunges 4.8% to $45.52 Posting Worst Close in More than Five Years Bloomberg: Oil’s OPEC-Driven Gain Wiped Out as Shale Boom Offsets Cuts Before... More
  • Commodities Taking a Tumble – Are Prices Going Down the Drain? I am not sure if you have been watching, but the price of oil, gold futures and platinum futures are on the decline, according to Bloomberg Markets. When oil prices drop below that $50 per barrel mark, I have noticed that folks start getting heartburn and start to worry if prices are going down the drain… Although other commodity prices are declining, let’s focus on the price of oil and breakdown the important information concerning the same: According to an article in Bloomberg... More
  • Coal Miners No Longer Left in the Dust: Update from the Cowboy State After spending the weekend in Wyoming, I thought I would give you an update from my home state. As you may remember, I come from a long line of coal miners – back when the country was primarily powered by coal, the coal industry also fueled my family.  Today, the update centers on the coal industry. Help for Coal Miners – U.S. Department of Labor Grant The big news for the Cowboy State is that, “Wyoming has received up to $2 million to... More
  • Secret Ingredients: Chocolate Cake and Oil Prices Lately, I have realized that many things in life have unspoken, secret ingredients. Often, we do not even realize the role that these secret ingredients play, when in reality, they really make or break the whole deal. These secret ingredients can fly under the radar, but are absolutely crucial components. Take my go to chocolate cake for example – a few months back, I baked it with chocolate that I had brought back from Paris, and when I opened my pantry... More
  • Ready for the Runoff?   My dad mentioned something the other day that peaked my interest – he said parts of Wyoming were getting ready for floods. Floods?! This got me thinking – is the West ready for the spring runoff? Parts of the West got dumped on this winter – snow levels were very high in many places and there are high levels of snowpack. Jackson Hole Mountain Resort reports that it has received 548 inches for a season total as of today, on the upper mountain. In... More
  • Energy Update from the Sunshine State – Florida While working from Fox’s Miami office this week, I thought I would give you an energy update from the Sunshine State. As I previously mentioned in a post I wrote while I was working from Fox’s Los Angeles office, which can be found here, it is easy to be isolated in the Rocky Mountain region and to keep our focus on the energy sector in our neighboring states. But, it is important to remember that many other states impact the energy industry of the country... More