Federal Reserve in Dallas A quarterly scanning Of more than 130 oil and gas producers based in Texas, Louisiana and New Mexico, in June, industry expectations are pessimistic. It witnessed nearly half of the 38 companies that responded to this question Dig a number of wells This year of what they expected earlier.
Participants in the poll can also submit the comments. “It is difficult to imagine the worst policies and DC discourse that can be for us for E&P companies.” Another executive official said, ” Editing Day The identity and identical definition of the local energy industry have damaged. “Drilling, Child, Drilling” will not happen with this level of volatility. “
Almost one in three of the respondents in the poll, they recorded expectations for less wells to a higher tariff on steel imports. Three out of four individuals, the customs tariff raised the cost of drilling and completing the new wells.
“They get more places to dig and get some low royalties, but they also get these definitions that they do not want,” Rapler said. “The end result is their profits, you will suffer.”
Earlier this month, Exxonmobil estimated The profit in the quarter of April to June will be less than $ 1.5 billion for the previous three months due to the weakest oil and gas prices. Or more in Europe, BPand coincidenceAnd Totalergies Similar warnings were issued to investors about their profits.
These warnings come even with Trump’s installation Friendly faces To regulate the oil and gas sector, including in the Ministry of Energy, the Environmental Protection Agency, and the Ministry of Interior, which runs the latter federal lands and is preparing for the auction of more oil and gas rental contracts on those lands.
“There is a lot of enthusiasm for the opportunities framework for investment. But there is also a lot of caution against the desire to make sure that if there are organizational reforms, they will stick,” said Kevin, the administrative director of research at Clearview Energy Partners, who produces analyzes for energy companies and investors.
The recent recently -long bill contains the recent bill Rulings Four sales of rent abroad and two external sales require each year, which reduces the minimum property rights rate to 12.5 percent of 16.67 percent and re -rental of speculation – when lands that are not called for enough bids are rented for less funds – stopped in 2022.
“Energy -supporting policies play an important role in enhancing local production,” said a spokesman for the American Petroleum Institute, the US Best Oil and Gas Industry Group in the United States. “The new tax legislation opens opportunities for safe and responsible development in critical resource basins to provide reliable and reliable fuel on which Americans depend.”
“About half of the federal royalties end up in the states and localities in which the drilling occurs,” the budgets will reach these oil and gas societies. “At the same time, she said that digging on public lands can pollute air, raise noise levels, cause spills or leaks, restrict movement to both people and wildlife.
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