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Wyoming holds first post-IRA oil and gas lease sale … and the results are meh
Manage episode 371483788 series 2845965
Content provided by S&P Global Commodity Insights and P Global Commodity Insights. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by S&P Global Commodity Insights and P Global Commodity Insights or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The Bureau of Land Management held a federal oil and gas lease sale in Wyoming on June 29. It marks the second onshore lease sale for the state since President Joe Biden took office and the first to take place in the state since the Inflation Reduction Act instituted higher oil and gas royalty rates and leasing costs for development.
Pete Obermueller, president of the Petroleum Association of Wyoming, joined the podcast to discuss the lease sale results. He spoke with S&P Global Commodity Insights senior editor Starr Spencer about the emerging unconventional Powder River Basin which featured prominently in the auction, the impact of the IRA, and how the Biden administration’s actions are affecting industry behavior and interest.
Stick around for Binish Azhar with the Market Minute, a look at near-term oil market drivers.
Then, tell us more about your podcast preferences so we can keep improving our shows. Take our survey here: https://www.surveylegend.com/s/4xyz
477 episodes
Share
Manage episode 371483788 series 2845965
Content provided by S&P Global Commodity Insights and P Global Commodity Insights. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by S&P Global Commodity Insights and P Global Commodity Insights or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The Bureau of Land Management held a federal oil and gas lease sale in Wyoming on June 29. It marks the second onshore lease sale for the state since President Joe Biden took office and the first to take place in the state since the Inflation Reduction Act instituted higher oil and gas royalty rates and leasing costs for development.
Pete Obermueller, president of the Petroleum Association of Wyoming, joined the podcast to discuss the lease sale results. He spoke with S&P Global Commodity Insights senior editor Starr Spencer about the emerging unconventional Powder River Basin which featured prominently in the auction, the impact of the IRA, and how the Biden administration’s actions are affecting industry behavior and interest.
Stick around for Binish Azhar with the Market Minute, a look at near-term oil market drivers.
Then, tell us more about your podcast preferences so we can keep improving our shows. Take our survey here: https://www.surveylegend.com/s/4xyz
477 episodes
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Similar to Capitol Crude: The US Energy Policy Podcast
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.
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continue reading
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continue reading
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…
continue reading
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…
continue reading
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continue reading
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continue reading
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