Blog – Energy Law Today

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

  • Status Update: The Paris Agreement Those of you who know me know that Wyoming is my first love and Paris is my second – but that is not why Paris is on my mind today.  Instead, it is on my mind because of a big breakfast meeting that going on this morning involving The Paris Agreement (aka The Paris Climate Accord or The Paris Accord)… The New York Times reported that senior climate and energy ministers from a dozen or so nations are meeting for breakfast... More
  • A Point of Clarification: Barrels of Oil are not being “Lost” to Hurricane Harvey   This morning, I read a confusing article that made it sound like barrels of oil were somehow lost or permanently gone due to Hurricane Harvey. There are many misconceptions in the energy sector, so here is my attempt to nip this one in the bud. The following article is what we are going to talk about: Forbes: “Here’s How Many Barrels of Oil Have Been Lost to Hurricane Harvey” The title of this article makes a person think that oil production being impacted... More
  • Anadarko Region: Turns Out You Can Teach an Old Dog New Tricks   Those in the oil and gas industry know the producing regions well; we know right off of the top of our heads exactly where the Bakken, Niobrara, Permian, Marcellus, Utica and the Eagle Ford are when someone says those names. Visions of maps dance in our heads. That is why when someone mentioned the Anadarko region the other day, different things popped into my head and I got a little nervous… These were my thoughts: It this that old producing region – it... More
  • Supply is Key: Palisade Peach Pies and Oil Markets We are in the heart of an early peach season in Colorado. In fact, according to the Denver Post article entitled, “Palisade Peaches Ripen Early Because of Colorado’s Heat Wave,” peach season began a little early this year. Peaches are everywhere right now and my kitchen is stocked up! You see, many things in life come down to one simple concept: supply. When life gives you peaches, make peach pie. Several folks have asked me why I haven’t been adding to the... More
  • BLM Proposes Rescission of 2015 Hydraulic Fracturing Rule Today, the Bureau of Land Management (“BLM”) announced its recommendation that the hydraulic fracturing rule from 2015 entitled, “Oil and Gas; Hydraulic Fracturing on Federal and Indian Lands,” be rescinded – the Federal Register Notice issued by Katharine S. MacGregor, Acting Assistant Secretary of Land and Minerals Management, can be found here. By way of a little background and reminder, the BLM had issued regulations that attempted to regulate oil and gas development on federal and tribal lands by focusing on three... More
  • Craving Another Long Weekend? So Are OPEC Members…   This morning, I read a Bloomberg article entitled, These Numbers Show the Huge Challenges Now Facing OPEC Members, that stated, “[t]he price of a barrel of Brent crude has more than halved over the past five years, triggering an existential crisis for the world’s biggest oil producers.” I sipped my coffee and thought, Très mal way to start the morning. Well truth be told, I sipped my coffee and looked up the definition of existential crisis, then I thought to myself,... More
  • Happy Birthday Wyoming and an Update from the Cowboy State   127 years ago today, on July 10, 1890, Wyoming was entered into the Union as the 44th state. As we celebrate the date of Statehood, here is an update from the Cowboy State: According to the Casper Star Tribune’s Energy Journal of today’s date, which can be found here, activity in the energy sector is picking up in Wyoming. The rig count in Wyoming as of July 7, 2017, according to Baker Hughes, is sitting at 25 rigs – this is up... More
  • New York: Energy Update from the Big Apple Working from New York makes a person think about energy…the amount of energy it takes to fuel the sparkling Big Apple, the energy that radiates from the charming, lovely old architecture, and the energy from all the folks walking the sidewalks. The talk of the town? Oil prices. As I write this, oil prices are continuing to slip a little more. According to Bloomberg Energy, WTI is currently at $44.47 per barrel, down .58% and Brent crude is at $46.87, down .28%. The... More
  • Part 2: Is Predicting the Future of Energy Like Driving Down a Dirt Road at Night with No Lights On? Peter F. Drucker famously said, “Trying to predict the future is like trying to drive down a country road at night with no lights – while looking out the back window.” With that in mind, last September, I wrote “Is Predicting the Future of Energy Like Driving Down a Dirt Road at Night with No Lights On?” – the full article can be found here. One of the focus points was on the oil price rollercoaster. Back in the September 2016 Short-Term... More
  • Is Global Oil Oversupply on the Horizon?   The folks ‘in the know’ are predicting at least a “modest” oversupply in global oil markets next year… Yesterday, the U.S. Energy Information Administration (“EIA”) released its Short-Term Energy Outlook – a full copy of the report can be found here. Key Takeaways: Oil Prices: According to the Forecast Highlights, “EIA forecasts Brent spot prices to average $53/b in 2017 and $56/b in 2018. West Texas Intermediate (WTI) crude oil prices are forecast to average $2/b less than Brent prices in both 2017... More