The U.S. rotary rig count remained unchanged at 551 for the week ending February 20, 2026, according to the latest data from Baker Hughes. This marks no shift from the previous week but reflects a decline of 41 rigs compared to the same period last year, when the count stood at 592. This stability comes […]
Continue ReadingIn the ever-volatile world of energy markets, the U.S. oil and gas sector continues to defy simple narratives. As of late October 2025, the U.S. rig count has dipped to 550 active rigs, marking a decline of 35 rigs compared to the same period last year. This drop comes even as domestic crude production hovers […]
Continue ReadingIn the dynamic world of energy production, the United States continues to defy expectations. Despite a stagnant rig count, U.S. crude oil output has reached unprecedented heights, showcasing remarkable efficiency gains and technological advancements in the industry. This trend highlights how operators are squeezing more production from fewer rigs, a testament to improved drilling techniques […]
Continue ReadingThe U.S. Energy Information Administration (EIA) has updated its Short-Term Energy Outlook (STEO), forecasting that U.S. crude oil production will average 13.5 million barrels per day (b/d) in both 2025 and 2026. This projection comes on the heels of a record-breaking July 2025, when U.S. crude oil output hit an all-time high of 13.6 million […]
Continue ReadingWeekly Daily Standup Top Stories Dallas Fed Survey Reveals Unrest in America’s Shale Patch September 27, 2025 Clark Savage ENB Pub Note: This article is from David Blackmon’s Substack, and we recommend subscribing. This brings up a huge discrepancy between “Drill Baby Drill” and what is actually happening in the oil and gas industry […] U.S. Shale […]
Continue ReadingDaily Standup Top Stories Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges September 27, 2025 Clark Savage ENB Pub Note: This is an excellent article from Irina Slav on Oilprice.com. While the title says advertisers are returning to big oil, I would add investors to the list. I have written several articles […] Chinese Lithium […]
Continue ReadingThe narrative around U.S. shale oil and gas has been buzzing with talk of peaks and plateaus, especially amid fluctuating prices and budget constraints. Yet, a closer look at production trends, technological strides, and emerging demand drivers reveals a resilient industry far from exhaustion. While some industry voices suggest that shale oil output may have […]
Continue ReadingDaily Standup Top Stories President Trump Announces Three New Trade Deals July 23, 2025 Clark Savage In a bold move to strengthen America’s economic position and promote fair trade practices, President Donald Trump announced three new trade agreements on July 22, 2025. These deals, involving Indonesia, the Philippines, and Japan, aim […] Brazil Bets Against Net Zero. […]
Continue ReadingDaily Standup Top Stories Natural Gas Has Achieved Dominance and Is No Longer a Bridge Fuel July 20, 2025 Clark Savage In the evolving global energy landscape, natural gas has undergone a profound transformation. Once positioned as a mere “bridge fuel” to facilitate the shift from coal to renewables, it is now recognized as a cornerstone […] […]
Continue ReadingDaily Standup Top Stories Big Beautiful Bill May Still Yet End the Green New Deal June 29, 2025 Clark Savage Senate Republicans have taken a significant step toward passing President Donald Trump’s sweeping legislative package, dubbed the “One Big Beautiful Bill Act,” with a narrow 51-49 procedural vote on June 28, 2025. This $4.5 trillion […] UK […]
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