In a bold move underscoring his administration’s commitment to American energy dominance, President Donald Trump has issued an emergency order to prevent the closure of a second power plant, the Eddystone Generating Station in Pennsylvania, […]
The Organization of the Petroleum Exporting Countries and its allies (OPEC+), which collectively produce about 48% of global oil, have begun unwinding a series of voluntary output cuts implemented since 2022. This strategic shift, led […]
Weekly Daily Standup Top Stories Where Are Oil Prices Headed in 2025 and Beyond? Goldman Sachs’ Bearish Outlook Meets Rising Demand Well economics matters May 27, 2025 Clark Savage Source: The Crude Truth Substack Oil well […]
On May 30, 2025, President Donald Trump announced a dramatic escalation in trade policy, doubling tariffs on foreign steel and aluminum imports from 25% to 50%. Speaking at U.S. Steel’s Mon Valley Works–Irvin Plant near […]
It’s the older office towers that get in trouble amid a flight to quality. By Wolf Richter for WOLF STREET. The delinquency rate of office mortgages that have been securitized into commercial mortgage-backed securities (CMBS) re-spiked by 83 […]
As 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 […]
Outside of two heroes that pushed down the overall indices, there isn’t anything benign about this PCE inflation data. By Wolf Richter for WOLF STREET. The PCE price index, released today by the Bureau of Economic Analysis, was […]
May 30 (Reuters) – EOG Resources (EOG.N) said on Friday it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica shale position. The Utica and […]
“Spark30S (Atlantic) freight rates dropped for a fourth consecutive week, decreasing by $2,500 to $29,500 per day this week,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. Meanwhile, Spark25S (Pacific) rates stayed steady at $20,750 […]
ENB Pub Note: This article from RedState is an excellent introduction to my podcast with Mike Umbro and Ronald Stien on this issue. California is now considered a National security risk in the United States […]
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