The natural gas market is currently influenced by a mix of domestic and global factors, including production and storage levels in the U.S., weather impacts like a developing tropical depression in the Gulf of Mexico, and supply issues in Europe due to Middle Eastern and Ukrainian conflicts, as well as a recent cold snap.
Texas Attorney General Ken Paxton has filed a lawsuit against the Department of the Interior over protections for the dunes sagebrush lizard. Paxton argues that the decision to list the lizard as endangered, which restricts land use in the Permian Basin, was not based on the best scientific data. He claims this move undermines Texas’s vital oil and gas industries.
Curious Minds Corner
Question of the week
Which country is the largest producer of crude oil in the world?
The first person to answer the week’s question wins a reward from LDV Consulting. Good Luck!