{"id":476676,"date":"2022-03-19T10:52:48","date_gmt":"2022-03-19T05:22:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=476676"},"modified":"2022-03-19T10:52:48","modified_gmt":"2022-03-19T05:22:48","slug":"ukraine-war-ups-pressure-for-us-oil-industry-faces-hurdles","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ukraine-war-ups-pressure-for-us-oil-industry-faces-hurdles\/","title":{"rendered":"Ukraine war ups pressure for US oil; industry faces hurdles"},"content":{"rendered":"<p>In the oil fields of northern Montana, industry veteran Mac McDermott watched crude prices whipsaw from USD 75 a barrel in January to more than USD 120 as Russia pressed its war in Ukraine, then down again when coronavirus worries in China raised the specter of a global slowdown. McDermott said his family-owned company will modestly increase drilling if oil prices stabilize.<\/p>\n<p>But for the next few months, he&#8217;s waiting on the sidelines and struggling to get enough workers to watch over roughly 100 oil wells the company operates. That includes some wells idled during the pandemic that he&#8217;s been trying to bring online since last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the oil fields of northern Montana, industry veteran Mac McDermott watched crude prices whipsaw from USD 75 a barrel in January to more than USD 120 as Russia pressed its war in Ukraine, then down again when coronavirus worries in China raised the specter of a global slowdown. McDermott said his family-owned company will modestly increase drilling if oil prices stabilize. But for the next few months, he&#8217;s waiting on the sidelines and struggling to get enough workers to watch over roughly 100 oil wells the company operates. That includes some wells idled during the pandemic that he&#8217;s been [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-476676","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/476676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=476676"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/476676\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=476676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=476676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=476676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}