Daily 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 ReadingThe U.S. Geological Survey (USGS) recently released a significant assessment identifying undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System, which includes the Niobrara Formation, spanning southwest Wyoming, northeast Colorado, and parts of Utah. This report, published on May 21, 2025, estimates 473 million barrels of oil and 27 trillion […]
Continue ReadingDaily Standup Top Stories DAVID BLACKMON: On Energy, China Knows What The Rest Of Us Must Re-Learn June 7, 2025 Clark Savage ENB Pub Note: This article from David Blackmon is fantastic on The Daily Caller. We recommend following him there and on his Substack The Energy Absurdity Turley’s Law is alive and well. The more […]
Continue ReadingThe U.S. oil and gas industry is experiencing a significant slowdown, with drilling activity dropping to levels not seen since late 2021. According to the latest data from Baker Hughes, the total number of active drilling rigs in the United States fell by 4 to 559 for the week ending June 6, 2025, marking a […]
Continue ReadingDaily Standup Top Stories Russia-Ukraine Talks Stall: Will Congress Ramp Up Sanctions Pressure on Moscow? June 2, 2025 Clark Savage It has been clear for well over 6 months that President Trump does not have the information he needs to end the war in Ukraine, and we are watching peace slip through his fingers, which […] Trump […]
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 ReadingAs we work on our day jobs of evaluating oil and gas wells and leases to determine whether they are a good investment or should be passed, I wanted to share some basic information as a backdrop to Texas oil and gas. I do not provide investment advice, but I am more than willing to […]
Continue ReadingDaily Standup Top Stories Spain – the aftermath by Doug Sheridan – Wind and Solar are infact more expensive May 28, 2025 Clark Savage ENB Pub Note: This is an outstanding post on LinkedIn from Doug Sheridan, and I have invited him to be on the Energy News Beat podcast several times, but he is having […]
Continue Reading– Chevron Corporation, one of the world’s leading integrated energy companies, has announced plans to lay off nearly 800 employees in Texas as part of a sweeping global restructuring effort. The cuts, primarily targeting the Permian Basin, underscore the challenges facing the oil and gas industry as companies grapple with low oil prices, regulatory pressures, […]
Continue ReadingSource: The Crude Truth Substack. Rey Trevino, Pecos Operating, The Crude Truth Podcast Earlier in the week, I released the podcast “Water Shortage in Texas? Texas Land and Water: Big Plans with Commissioner Dr. Dawn Buckingham”. It prompted me to do a deeper dive into the challenges facing our exploration and production teams in the Permian […]
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