EPA wants to scrap the “super emitter” leak program and ease the rules for marginal wells that make about 6% of America’s oil and gas. The savings are real, they are lumpy, and most of the money lands on wells that belong to the biggest operators. By Energy News Beat | Oct. 28, 2026 If […]
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EIA’s October outlook has the U.S., Brazil, Guyana, Canada and Argentina adding barrels with no Gulf chokepoint in the way, while Hormuz flows collapsed and OPEC supply is forecast to drop by nearly a fifth. Illustrative AI-generated image of a generic offshore production vessel. No real vessel, facility or person is shown. For consumers, the […]
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As of mid-to-late October 2026, U.S. drilling activity shows modest weekly stability or small gains depending on the source, set against a solidly higher year-over-year base. Oil-directed activity continues to dominate; the Permian remains the clear leader, and inventory data point to tighter crude and gasoline stocks alongside a distillate build that still leaves supplies […]
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The Permian Basin remains the engine of U.S. oil growth, but it is steadily becoming gassier. Rising gas-to-oil ratios (GORs) mean every incremental barrel of crude now brings more associated natural gas. Without matching takeaway capacity, that gas depresses local prices, forces curtailments or flaring, and erodes the economics that keep oil drilling active. New […]
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President Donald Trump is set to unveil a major South Korean investment package that includes roughly $54 billion directed at Alaska’s long-planned liquefied natural gas (LNG) project, according to White House officials and multiple reports. The announcement, expected in the Oval Office, is the first major tranche from South Korea’s broader $200 billion in U.S. […]
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West Texas Intermediate (WTI) crude oil is trading around $75 per barrel today, with Brent near $78. Following the U.S.-Iran ceasefire agreement and the reopening of the Strait of Hormuz, headline prices have eased significantly from the peaks above $120 seen during the conflict. Yet a growing disconnect exists between these paper/futures prices and the […]
Continue ReadingThe US oil and gas sector showed signs of resilience this week, with the total active rig count rebounding by 5 to reach 549 as of December 5, 2025, according to the latest data from Baker Hughes. This marks a reversal from the previous week\’s decline and signals renewed drilling activity amid stabilizing energy prices. […]
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 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 ReadingThe Trump Administration is working to roll back the severe restrictions on oil and gas drilling in Alaska imposed by the Biden administration, Interior Secretary Doug Burgum has said. The Biden administration suspended in 2021 oil leases in the Arctic National Wildlife Refuge in Alaska, months after former President Joe Biden took over from Trump’s first term in […]
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