The drastic drop in crude oil prices in 2015 and 2016 have had a significant impact on the small businesses that make up the Kansas oil and natural gas industry. But low crude oil prices are not the long-term story or trend.
The Great Bend Desk & Derrick Club will be hosting the 61st annual Region VI meeting, April 28 – May 1. On Saturday April 30, Region VI Director, Tammy Watkins from Enid, Okla. will conduct the business session. Great Bend's Chief of Police, Clifton Couch, will be on hand to extend a warm welcome to the guests followed by a very special patriotic opening ceremony to be provided by the American Legion Riders. Keynote speaker for the Industry Luncheon will be Keith Miller, area stockman, rancher, and lobbyist who serves on the Midwest Energy board of directors. Other dignitaries attending the ...
WASHINGTON – This week, U.S. Senate Committee on Veterans' Affairs Member Joe Manchin (D-WV) joined the American Petroleum Institute (API) to officially launch the Veterans Energy Pipeline – www.veteransenergypipeline.com – a new web based tool that will help connect current members of the armed forces and veterans to civilian employment opportunities in the oil and natural gas industry.
In response to a dramatic increase in U.S. oil production over the last several years, the Organization of Petroleum Exporting Countries (OPEC) decided in November 2014 to dump low-cost oil into the global markets in an effort to drive down the price of oil and punish U.S. oil producers. As a result, crude oil prices have fallen by about 50% over the last year.
February 21, 2016|
Edward Cross, President Kansas Independent Oil & Gas Association
|Oil & Gas
Member-owners of CHS Inc., the nation's leading cooperative and a global energy, grains and foods company, are now benefitting from the recently completed coker at the company's central Kansas refinery.