• 4 minutes Will We Ever See 100$+ OIL?
  • 8 minutes Iran downs US drone. No military response . . Just Destroy their economy. Can Senator Kerry be tried for aiding enemy ?
  • 11 minutes Energy Outlook for Renewables. Pie in the sky or real?
  • 1 hour Iran Loses $130,000,000 Oil Revenue Every Day They Continue Their Games . . . .Opportunity Lost . . . Will Never Get It Back. . . . . LOL .
  • 20 mins Renewables provided only about 4% of total global energy needs in 2018
  • 3 hours Berkeley becomes first U.S. city to ban natural gas in new homes
  • 2 days Iran Captures British Tanker sailing through Straits of Hormuz
  • 1 day EIA Reports Are Fraudulent : EIA Is Conspiring With Trump To Keep Oil Prices Low
  • 13 hours Shale Oil will it self destruct?
  • 1 hour Today in Energy
  • 3 days Drone For Drone = War: What is next in the U.S. - Iran the Gulf Episode
  • 2 days Oil Rises After Iran Says It Seized Foreign Tanker In Gulf
  • 9 hours So You Think We’re Reducing Fossil Fuel? — Think Again
  • 3 hours N.Y. Governor Signs Climate Bill
  • 2 hours First limpet mines . . . . now fly a drone at low altitude directly at U.S. Navy ship. Think Iran wanted it taken out ? Maybe ? YES
  • 3 days LA Solar Power/Storage Contract
  • 19 hours U.S. Administration Moves To End Asylum Protections For Central Americans
Libya’s Oil Revenue Takes A Beating

Libya’s Oil Revenue Takes A Beating

Libya’s oil revenue fell significantly…

Why Crude Quality Matters

Why Crude Quality Matters

There are three issues currently…

Trump Tries to Woo Colorado Oil, Gas Executives

Oil rig sunset

Donald Trump will be trying to convey his support to the Colorado oil and gas industry as he meets with executives in Denver on Tuesday, after energy leaders were somewhat baffled by his remarks on fracking a couples of months ago.

Trump’s Tuesday private meeting in Denver took place at the offices of K.P. Kauffman Company, an oil and gas drilling company and a major GOP donor, and included a lot of the largest names in the industry, according to the Denver Post.

In an interview with a Colorado television station in late July, Trump said “I’m in favor of fracking,” but added “I think that voters should have a big say in it”.

These comments, apart from straying from the Republican agenda and siding Trump with the Democrat candidate Hillary Clinton on the issue, had puzzled the fracking industry. An unfortunate coincidence for Trump is that fracking is a hot topic in swing states such as Colorado and Pennsylvania.

A few weeks later, Harold Hamm, Trump’s potential energy secretary appointee and CEO of Continental Resources (NYSE:CLR) was quick to take back Trump’s comments that state and local governments should be free to regulate fracking.

Related: Oil Holds Gains After OPEC Deal

Then last month, Trump addressed the annual Shale Insight conference in Pittsburgh, vowing to adopt an 'America-First energy plan' that would lift limits on drilling and mining of federal lands.

“All unnecessary regulations will be eliminated and a temporary moratorium will be placed on new regulations. Overregulation is costing our economy $2 trillion a year,” Trump said.

He has also vowed to scrap Obama’s Clean Power Plan.

Clinton, on the other hand, is proposing the Clean Energy Challenge plan, pushing for renewable energy.

As of Monday, Clinton led Trump by 11 points in Colorado, a Monmouth University poll showed. Before the first presidential debate, they were neck and neck in Colorado.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play