Election

Biden to Inherit Deepening Energy Sector Ties, Tension with Mexico

Biden to Inherit Deepening Energy Sector Ties, Tension with Mexico

U.S. President-elect Joseph R. Biden Jr. will take over the White House at a time of deepening energy integration between the United States and Mexico, the No. 1 destination for U.S. petroleum products and a growing market for U.S. natural gas exports. Tension has been growing between the two countries, however, over the state-centric energy…

November 9, 2020
U.S. Energy Industry Bracing for Change as Biden Becomes President-Elect

U.S. Energy Industry Bracing for Change as Biden Becomes President-Elect

Joseph R. Biden Jr. has become the president-elect and will take office in January, heralding a seismic shift in energy and climate policy from the executive branch. However, any major legislation could be stymied by a divided Congress, assuming Republicans retain their majority in the Senate, while executive actions could be challenged by a more…

November 9, 2020
Pioneer Natural Sees Federal Oil, Natural Gas Drilling Ban as Biggest Industry Exposure if Biden Hangs On

Pioneer Natural Sees Federal Oil, Natural Gas Drilling Ban as Biggest Industry Exposure if Biden Hangs On

Permian Basin heavyweight Pioneer Natural Resources Co.’s executive team sees a possible drilling ban on federal property as the biggest exposure facing the oil and gas industry if Joseph R. Biden Jr. hangs on to win the presidency, management said Thursday. Assuming that Republicans maintain a majority in the Senate, there “should be no effect…

November 5, 2020
December Natural Gas Futures Stumble Amid Higher Temperatures, Election Uncertainty

December Natural Gas Futures Stumble Amid Higher Temperatures, Election Uncertainty

Natural gas futures tumbled a second consecutive day as weather models leaned increasingly bearish for much of November, offsetting continued liquefied natural gas (LNG) strength and anticipation for the first withdrawal from storage of the season. Election Day uncertainty may also have sidelined some traders. The December Nymex contract fell 18.5 cents day/day and settled…

November 3, 2020
Latest NGI Hub & Flow Podcast Spotlights Mexico Natural Gas: Listen Now

Latest NGI Hub & Flow Podcast Spotlights Mexico Natural Gas: Listen Now

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI senior editor Christopher Lenton talks about what the U.S. election might mean for the Mexican natural gas market.  The outcome of the U.S. presidential election will have wide-ranging impacts across the United States and its energy sector. But…

October 27, 2020
Trump Commands Energy Sector’s Financial Backing, but Biden Makes Inroads

Trump Commands Energy Sector’s Financial Backing, but Biden Makes Inroads

President Trump continues to enjoy overwhelming financial support from the energy sector in the run-up to the Nov. 3 election. However, former Vice President Joseph R. Biden Jr. has gained some ground among industry donors and holds a lead in recent overall donations and in the polls. The president and Democratic nominee Biden are scheduled…

October 21, 2020
U.S. LNG Industry Not Seen Favoring Trump or Biden Presidency

U.S. LNG Industry Not Seen Favoring Trump or Biden Presidency

The U.S. liquefied natural gas (LNG) sector could successfully work with either President Trump or Democratic nominee Joseph R. Biden Jr. in the upcoming presidential election, experts told NGI.   Trump has been a “great cheerleader for U.S. LNG” by raising the industry’s profile and addressing some regulatory bottlenecks during his first term, said LNG Allies…

October 20, 2020
E&Ps Doubling Up Federal Land Permit Requests, Possibly in Anticipation of Biden Win

E&Ps Doubling Up Federal Land Permit Requests, Possibly in Anticipation of Biden Win

U.S. oil and gas permitting on federal lands jumped 8% in September from August, with Texas operators posting the largest increase since March, according to a monthly tally by Evercore ISI. The firm every month compiles permit data from federal and state sources, which provides a bird’s eye view of where drilling by exploration and…

October 15, 2020
‘Joe Biden Will Not Ban Fracking,’ Says Harris in VP Debate

‘Joe Biden Will Not Ban Fracking,’ Says Harris in VP Debate

A Biden administration will not ban hydraulic fracturing (fracking) if he wins the November election, his vice presidential candidate, Sen. Kamala Harris (CA), said repeatedly during a debate with Vice President Pence Wednesday night. Energy and climate change figured more prominently during Wednesday’s contest in Salt Lake City than in the chaotic presidential debate that…

October 8, 2020
Onshore Natural Gas, Offshore Oil Said Most Vulnerable to Federal Drilling Curbs if Biden Wins

Onshore Natural Gas, Offshore Oil Said Most Vulnerable to Federal Drilling Curbs if Biden Wins

Curtailed oil and natural gas drilling on federal property under a Joseph R. Biden Jr. presidency would mainly affect production of onshore natural gas and offshore oil, according to new analysis by Moody’s Investors Service. Onshore acreage accounted for 69% of natural gas output from federal leases in 2019, while the Gulf of Mexico (GOM)…

October 6, 2020