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• US Energy Secretary Nominee Chris Wright Champions Energy at DUG GAS
  President-elect Donald Trump's energy secretary nominee, Chris Wright,...
  President-elect Donald Trump's energy secretary nominee, Chris Wright, championed energy's role in bettering human lives earlier this year on stage at Hart Energy’s DUG GAS Conference and Expo.
  
  Wright, an industry veteran with experience in solar, geothermal and fossil fuels, was praised amongst industry veterans after his nomination, including Continental Resources Founder Harold Hamm, Brigham Exploration Founder Bud Brigham and Pioneer Natural Resources Chairman Scott Sheffield.
  
  “My dedication to bettering human lives remains steadfast, with a focus on making American energy more affordable, reliable and secure,” Wright said in a post on X, formerly Twitter, in response to his nomination by Trump.
  
  In March, Wright advocated for energy’s role against poverty and climate impacts at Hart Energy’s DUG GAS Conference and Expo. Hart Energy is pleased to share his remarks in the video HERE.
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• DT Midstream to Buy 3 Pipe Networks from ONEOK in $1.2B Deal
  ONEOK announced a pending sale of three pipeline...
  
  
  ONEOK announced a pending sale of three pipeline networks to DT Midstream (DTM) for $1.2 billion on Nov. 19.
  
  The three interstate networks, regulated by the Federal Energy Regulatory Commission (FERC), are located in the north-central and Midwest U.S. and have a total capacity of 3.7 Bcf/d.
  
  According to the company's announcement, the sale will allow ONEOK to focus on growing its operations in other areas, such as Texas and Colorado.
  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  

  
  
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• ☕️What Else is Brewing Wednesday Morning
  Trump tapped Howard Lutnick to be Commerce Secretary and McMahon for...
  Trump tapped Howard Lutnick to be Commerce Secretary and McMahon for education. In a post on social media, the president-elect praised Lutnick as “a dynamic force on Wall Street.” The billionaire CEO of financial services firm Cantor Fitzgerald, Lutnick is a longtime supporter of Trump, serving as a co-chair of his 2024 transition team. Lutnick reportedly sought the role of treasury secretary and earned the endorsement of Elon Musk but fell out of favor for the job, per the Wall Street Journal. Trump nominated his other transition co-chair, former WWE CEO Linda McMahon, for Education Secretary. He also selected the doctor and TV personality Mehmet Oz to run the Centers for Medicare and Medicaid Services.
  
  The Manhattan DA agreed to postpone sentencing in Donald Trump’s criminal hush money case until after he leaves office in 2029.
  
  Delta will serve Shake Shack burgers on select flights starting in December.
  
  Microsoft announced an AI interpreter for Teams meetings that can simulate speakers’ voices in nine different languages.
  
  Instagram said it will soon allow users to manually reset their recommendation algorithms across Explore, Reels, and Feed pages.
  
  Airbnb is encountering local resistance to its plan to hold gladiator fights in Rome’s Colosseum next year (yes, this is real).
  
  
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• Hamm: Deregulation won't fix oil's geological limits
  America's oil boom is hitting a geological ceiling, according to Continental...
  America's oil boom is hitting a geological ceiling, according to Continental Resources Executive Chairman Harold Hamm, who predicts only modest oil production increases of 1-2 million barrels per day over the next five to six years, driven primarily by the Permian Basin. Even with fewer regulations under the incoming Trump administration, Hamm cautions that maturing shale fields and dwindling resources will constrain the industry's capacity to replicate past booms.
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• Crude oil prices steady after Ukraine hits Russia with U.S.-made, longer-range missiles
  Crude oil futures held steady on Tuesday after Ukraine struck Russia...
  Crude oil futures held steady on Tuesday after Ukraine struck Russia with longer-range, U.S.-made missiles.
  
  The strikes came after President Joe Biden authorized Ukraine to use the longer-range missiles for limited strikes in Russia in a major departure from Washington's previous position.
  
  Russia's defense ministry said Tuesday that Ukraine hit a facility in the Bryansk region with six ATACAMS missiles as tensions escalate in Eastern Europe. In response, Russian President Vladimir Putin lowered Moscow's threshold for using nuclear weapons.
  
  Here are Tuesday's closing energy prices:
  

  
  
  • West Texas Intermediate December contract: $69.39 per barrel, up 23 cents, or 0.33%. Year to date, U.S. crude oil has declined about 3%.
  
  
  • Brent January contract: $73.31 per barrel, up 1 cent, or 0.01%. Year to date, the global benchmark has lost nearly 5%.
  
  
  • RBOB Gasoline December contract: $2.0377 per gallon, higher by 0.96%.Year to date, gasoline has fallen about 3%.
  
  
  • Natural Gas December contract: $2.998 per thousand cubic feet, adding 0.84%. Year to date, gas has gained about 19%.
  
  
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