News
RYE RIDGE RESOURCES NEWS
RYE RIDGE RESOURCES FUND I, LP
Rye Ridge Resources announces the successful exit of Rye Ridge Resources Fund I, LP June of 2022. The Primary focus of the fund was the purchase of mineral interests in the Uinta Basin, Utah.
RYE RIDGE RESOURCES FUND II, LP
Rye Ridge Resources formed Rye Ridge Resources Fund II, LP January of 2023. The Primary focus of Fund II is purchasing Non-op working interest and mineral interest in the Powder River Basin of WY, Haynesville Shale in LA and the Uinta Basin, UT.
RYE RIDGE RESOURCES FUND III, LP
The Rye Ridge Resources team is excited to announce the launch of Rye Ridge Resources Fund III, LP September of 2024. The Primary focus of Fund III is purchasing Non-op working interest and mineral interest in the Haynesville Shale in LA, Utica Shale in OH and the Uinta Basin, UT.
Around the Web
How Booming Electricity Demand Is Stalling Efforts to Retire Coal and Gas
EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans
Wed, Mar 13 2024 7:00 AM EDT
- Automakers from Ford Motor and General Motors to Mercedes-Benz, Volkswagen, Jaguar Land Rover and Aston Martin are scaling back or delaying their electric vehicle plans
- Though consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come.
America Has Lost Its Oil Buffer
The Strategic Petroleum Reserve is at historically low levels, when there are still many supply uncertainties
Brace for impact: The U.S. is running out of a cushion reserved for oil shocks.
The U.S. Energy Information Administration said Wednesday that the Strategic Petroleum Reserve declined by nearly 7 million barrels in the week ended Sept. 16, leaving it at roughly 427 million barrels—the lowest since 1984. For the first time since 1983, the SPR now holds less oil than commercial storage.