Action By U.S. Agency To Reinstate Oil & Gas Drilling Leases On American Property Cheered By Domestic Energy Producers

August 20, 2021

Domestic oil producers are cheering the actions of a U.S. regulator seeking to lift federal lease restrictions on oil and gas production and reinstate production leasing programs following a new court order. The Biden administration is appealing the legal ruling — but the Bureau of Ocean Energy Management (BOEM) is moving forward to resume an offshore leasing program that was halted by Biden in January as part of a climate…

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Allied Energy Corp (AGYP) heating up the oil and gas sector

July 12, 2021

The Oil market continues to swell in 2021, and all thanks to the OPEC drama, the investor’s in the oil and gas sector are laughing all the way to the bank. Last year we saw oil producers resorting to cash-raising activities to bounce back from crashing oil prices. They can suddenly sell in-ground oil ahead in the futures market above $70/bbl, which is the first time that has been true…

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