OklahomaMinerals.com
Oil & Gas News
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1.7KEIA forecasts U.S. oil boom will reverse amid coronavirus disruption
AXIOS – Pain in the U.S. oil patch from the coronavirus outbreak is no longer on the horizon. It’s here, and several...
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Bakken expected to recover faster from price collapse than in 2015 bust
Williston Herald – A University of North Dakota economist anticipates that it won’t take as long for the Bakken to recover from...
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A historic production cut from global oil powers this week ‘won’t necessarily help all that much’
CNBC – Some of the world’s largest oil producers will meet to discuss a historic production cut later this week, with energy...
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After COVID-19, The Oil Industry Will Not Return To “Normal”
Wal van Lierop – Forbes – The COVID-19 pandemic has shuttered the world’s economies, overwhelmed healthcare systems and taken loved ones from...
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Chaos and scrambling in the U.S. oil patch as prices plummet
NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In...
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Gov. Stitt urges sanctions against Russia and Saudia Arabia
By: Dylan Goforth – Enid News & Eagle – Gov. Kevin Stitt this week sent a letter to President Donald Trump, urging...
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‘We are on the verge of a massive collapse’: Ex-Energy Secretary Perry says COVID-19 will ravage oil industry
USA TODAY – Former Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic decrease in demand...
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$20 oil sends energy companies to restructuring specialists in droves to avoid bankruptcy
Houston Chronicle – Bankruptcy attorneys and restructuring experts are quickly becoming the most popular people in the oil patch. Energy companies are...
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Texas shale producers ask state to cut oil output as demand plummets during coronavirus pandemic
Texas Tribune – Two Texas oil companies with large footprints in the West Texas oil patch sent a letter Monday to state...
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March 2020: Ten Signs the Oil Industry Is Bent Out of Shape
David Gaffen, (Reuters) The oil industry has been hit by a simultaneous demand and supply shock in March as the coronavirus pandemic...
