IOGA retweeted
Did you know Illinois oil reserves are assessed and taxed as real estate, similar to property taxes paid on a residential home? This is how the ad valorem tax on oil reserves help the communities they reside in.
IOGA retweeted
Most folks probably don’t think of Illinois as an oil and natural gas industry state, but it is. IPRB highlights the economic impact the industry makes in the state in a new video, with emphasis on the exploration and production sector of the industry.
IOGA retweeted
Most folks probably don’t think of Illinois as a major #oilandgas industry state, but it is. #DYK the Illinois oil and natural gas industry generated $22 billion Gross Regional Product in 2020 – 3% of the state’s economy. (1/9)
IOGA retweeted
We are going to need a lot of oil for decades to come, and it’s better to produce as much of it here as possible rather than rely on other countries for the oil we need, Sun-Times reader Seth Whitehead writes. buff.ly/3rvEKDF
IOGA retweeted
IPRB Letter to the Editor: Look to Germany to see why wind and solar power won’t replace oil for decades to come chicago.suntimes.com/2021/2/… via @SunTimes
New @IPRB98 Guest Column: Curtailing U.S. oil, gas production forfeits energy independence, increases emissions thetelegraph.com/insider/art… via @altontelegraph
IOGA retweeted
You might have read that we don’t need oil anymore, or that the oil industry is in an “existential crisis.” But in reality, the world is going to need a lot of oil for many decades to come. Here’s why. (1/8)
IOGA retweeted
Melony Barrett of the @ILGeoSurvey will conduct
an instructional webinar on the newly revised ILOIL website during next week's IOGA/IPRB Producers Forum. The Zoom conference will be held at 1 p.m. on Wednesday, Jan. 13, and you can register here: zoom.us/meeting/register/tJA… (1/2)
Melony Barrett of the @ILGeoSurvey will conduct
an instructional webinar on the newly revised ILOIL website during next week's IOGA/IPRB Producers Forum. The Zoom conference will be held at 1 p.m. on Wednesday, Jan. 13, and you can register here: zoom.us/meeting/register/tJA… (1/2)
U.S. oil price hits $50 for first time since last February marketwatch.com/story/oil-pr…
IOGA retweeted
Be sure to check out IPRB's latest newsletter featuring an educational video demonstrating how IL Basin frac fluid is at least 99% water and sand, with the remaining 1% or less composed of harmless additives, most prominently guar beans and borax (soap). mailchi.mp/12f2ae0837cf/iprb…
World faces long-term oil supply gap despite COVID demand destruction reut.rs/383cDDu
IOGA retweeted
Every day, we strive to improve the energy products we create for the people and communities we serve.
This graph shows that as our industry has continued to produce more and more liquid fuels every year, fewer and fewer people are living in poverty.
IOGA retweeted
Ah yes, North Face, who is fully divested from oil and gas except for..... their supply chain, synthetic petroleum-based clothing materials, transportation, retail stores, and manufacturing.
Virtue signaling is exhausting.
Stop it.
cbs7.com/2020/12/11/north-fa…
Don't forget to register for tomorrow's Producers Forum featuring Oilprice.com columnist David Messler. David will share why he believes oil prices will trend upward in 2021. The Zoom conference will begin at 1 p.m. zoom.us/meeting/register/tJY…
Global oil prices top $50 a barrel for the first time since March on vaccine optimism marketwatch.com/story/oil-ed…
IOGA retweeted
Check out our latest newsletter for details on a long-awaited Department of Energy report that shows methane emissions from Illinois Basin marginal oil wells are negligible. mailchi.mp/ef623ab00925/iprb…
"OPEC+ clearing the hurdle of exiting its current cuts in a coordinated way and its focus on both growing production and drawing inventories reinforces our conviction in a steady and sustainable rally in oil prices through 2021," Goldman said.
Higher OPEC+ output unlikely to upset oil market rebalancing - Goldman energy.economictimes.indiati… via @ETEnergyWorld
Higher OPEC+ output unlikely to upset oil market rebalancing - Goldman energy.economictimes.indiati… via @ETEnergyWorld












