Texas Oil and Natural Gas Industry Launches Coalition to Develop Industry-Led Solutions to Flaring and Methane Emissions

AUSTIN, Texas (Mar. 31, 2020)—“The Texas Alliance of Energy Producers has been a part of the methane/flaring coalition since day one, and our staff and members are pleased to be a part of the discussion about solutions to natural gas flaring, methane and CO2 emissions, and defining the actual and true scope of the problem”, said Karr Ingham, Petroleum Economist and Executive Vice-President for the Texas Alliance of Energy Producers. “With the dual threats of COVID-19 and the Saudi Arabia/Russia price war, it is our honor to guard the interests of our members, and smaller independent oil and gas producers in particular in this process.”

Petroleum Products and You

AUSTIN, Texas (Mar. 26, 2020)—Oil and Gas Materials Used in Hospitals to Save Lives

The Alliance and COVID-19

By Karr Ingham, Petroleum Economist and Executive Vice-President

AUSTIN, Texas (Mar. 23, 2020)—The fallout from COVID-19 continues and activity levels in the oil patch, already in decline since early 2019, are soon to be in free fall if not already. This is very likely the most rapid transition from economic growth to decline ever observed, and the same is true of the seismic downward shift in accompanying energy demand.

Energy Markets in Turmoil

By Karr Ingham, Alliance EVP & Petroleum Economist

AUSTIN, Texas (Mar. 18, 2020)—Things have gone from bad to worse. Following a year of lackluster oil pricing and general decline in oil and gas E&P activity in Texas in 2019, oil markets are now reeling from the fallout of the coronavirus and its impact on energy demand growth in the US and globally. What was poised to be another difficult year for the oil and gas industry in 2020 has now become something of a train wreck.