US LNG export infrastructure is rapidly scaling up, turning American shale gas into a cornerstone of global energy supply. This buildout underscores US energy dominance through exports, as highlighted in recent analyses by commodity trader and analyst Jack Prandelli on X). His posts detail the current state of US LNG terminals and the surge in […]
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According to the Energy Information Administration, today, California ranks first in jet fuel demand among the states. The California Energy Commission (CEC) projects in-state jet fuel demand will rise significantly in the long term, growing from about 271 thousand barrels per day (TBD) in 2023 to an estimated 378 TBD by 2045. These jet fuel demand […]
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Guyana’s offshore Stabroek block continues to deliver exceptional results for two of the world’s largest energy companies. In 2025, ExxonMobil reported approximately $4.67 billion in profit from its Guyana operations, while Chevron (through its acquisition of Hess) reported $2.89 billion. The combined $7.56 billion underscores the block’s status as one of the most profitable and […]
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As global oil prices remain elevated amid geopolitical tensions — including recent spikes tied to Middle East conflicts and risks around the Strait of Hormuz — Guyana’s offshore oil sector is surging ahead. This tiny nation (population under 1 million) is delivering one of the world’s most remarkable energy success stories, proving that energy security […]
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David Blackmon, Dr. Tammy Nemeth, and Stu were on deck, and we covered Irina Slav’s great Oilprice.com’s great story. The world is changing, and the energy markets are at the center stage. Today David Blackmon was the host accompanied by Stu Turley, and Dr. Tammy Nemeth on the The Nemeth Report. Irina Slav was out, but we covered […]
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The global oil tanker industry is riding an unprecedented wave of profits fueled by the ongoing Iran conflict, but shipowners are already bracing for a sharp reversal. According to a new Financial Times report, tanker owners are warning of a potential market crash if the Strait of Hormuz reopens or as broader market forces take […]
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Houston, TX – June 6, 2026 – U.S. oil-directed drilling rigs posted their sixth consecutive weekly gain this week—the longest upward streak in domestic exploration since mid-2022—pushing the Baker Hughes oil rig count to 431. The increase comes as higher crude prices, fueled by ongoing disruptions and geopolitical tensions in the Strait of Hormuz, continue […]
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New Delhi’s push for energy security took a major step forward on June 4, 2026, when Indian Prime Minister Narendra Modi met with Venezuela’s acting President Delcy Rodríguez. The high-level talks focused on expanding bilateral cooperation in energy, trade, investment, and renewables, with crude oil at the center of discussions. India is aggressively diversifying its […]
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US refiners are operating plants at elevated run rates, with some delaying scheduled maintenance amid strong refining margins and steady-to-robust fuel demand. According to a Bloomberg report from June 1, 2026, the industry saw one of its lightest maintenance seasons in recent memory, with an average of only 470,000 barrels per day (bpd) of processing […]
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In an era of surging global energy demand driven by AI, manufacturing resurgence, and geopolitical realities, Texas stands as the undisputed leader in American energy production, infrastructure, and innovation. The Lone Star State isn’t just keeping pace—it’s defining the future of reliable, affordable, and dominant energy. From record-breaking oil and gas output to a massive […]
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