oil production

A leak – significant, yet small by Louisiana standards – has highlighted concerns about the state’s response to such leaks under the Trump administration and Gov. Jeff Landry.

In a legal setback for fossil fuel advocates, a federal court has invalidated a large offshore oil and gas lease sale in the Gulf of Mexico, ruling Thursday in favor of environmental groups that sued to block the lease after it was scheduled for auction in 2023.

Despite President Donald Trump’s calls to “drill, baby, drill,” many oil companies operating in the Gulf of Mexico will likely do what they’ve done for years: sit on hundreds of untapped oil leases across millions of acres.

Railroads are increasingly becoming the preferred means of shipping the masses of oil being produced in North Dakota and surrounding states. The railroad industry is eager to fill in for the lack of pipeline capacity. But some say the train growth needs to slow down.