U.S. crude oil inventories have dropped to an 11-year seasonal low, driven by robust summer driving demand, yet oil stocks are paradoxically declining. The U.S. Energy Information Administration (EIA) reported an 11.5 million barrel drawdown to 420.9 million barrels for the week ending June 13, 2025, the most significant weekly decline in a year.web:1 High […]
Continue ReadingThis was a wild week in the energy space. The geopolitical tensions around the world are driving oil prices to $77, and if Iran\’s oil export capacity is diminished, we may see some short-term spikes to $100. For our oil and gas investors who follow Energy News Beat, this is what Stu has been predicting. […]
Continue ReadingDaily Standup Top Stories Israel Targets Iran’s South Pars Gas Field in Escalating Airstrikes, Iran Retaliates June 14, 2025 Clark Savage In a significant escalation of hostilities, Israel has reportedly launched airstrikes on Iran’s South Pars gas field, the world’s largest natural gas reserve, located in the Persian Gulf and shared with Qatar. According to IRGC-affiliated […] […]
Continue ReadingDaily Standup Top Stories Is the Trump Tariff War with China Over, and What Is the Final Impact to Investors? June 11, 2025 Clark Savage The U.S.-China trade war, a rollercoaster of tariffs, retaliations, and negotiations, has been a defining issue for global markets since President Donald Trump’s first term. With recent developments signaling a potential […]
Continue ReadingAs part of the Sandstone Teams services, we offer a review of oil and gas deals for our clients. We gain valuable insights into actual data points across various fields in the U.S. One key aspect is examining the well economics for each well and how it impacts the entire group or deal. We are […]
Continue ReadingThe Permian Basin, the heart of U.S. oil production, is grappling with a mounting crisis as toxic wastewater from fracking threatens environmental catastrophe and production setbacks. The Texas Railroad Commission (RRC), the state’s oil and gas regulator, has issued urgent warnings about “widespread” underground pressure increases caused by wastewater disposal, risking poisonous leaks, higher crude […]
Continue ReadingDaily Standup Top Stories How Republicans got roped into a deal that keeps the IRA—and why there’s still time to fix it May 19, 2025 Clark Savage ENB Pub Note: This article is from Alex Epstein’s Substack, and I highly recommend subscribing and supporting his work here: Energy Talking Points by Alex Epstein. I have interviewed Alex […]
Continue ReadingDaily Standup Top Stories Ukraine’s MHP delivers first bio-LNG supplies to EU May 13, 2025 Mariel Alumit ENB Pub Note: I added overall market context on the bio-LNG markets Bio-LNG (liquefied biomethane) is a renewable fuel derived from organic waste, such as agricultural residues, household waste, and industrial byproducts. Its production and […] Equinor could axe wind […]
Continue ReadingAll of the majors reported lower earnings for the first quarter. Already, some energy companies active in the shale patch are cutting their drilling budgets for the year. Oilfield services providers are bracing for impact as several large E&P firms are cutting back on drilling programs. U.S. oilfield service majors had a good run after […]
Continue ReadingBeing in the oil and gas business as a family-owned exploration and production company is one of the most significant rewards I have had in my professional career. And the number one question I get is Where are the oil prices going? That is a huge question, and in the past, it was a lot […]
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