DOE Closes Its First Oil-and-Gas Loan. Twenty-Two Gulf Platforms Get a Second Life.
A $480 million Energy Dominance Financing loan will modernize Arena Energy platforms off Louisiana. Peak output is projected at up to 38,600 barrels a day — a real add, not a price mover. Secretary Wright told Fox Business it will lower pump prices. Today’s first sub-$4 national average since July has other causes. By Energy […]
Continue Reading