Chevron Beats Estimates as the Hess Deal Contributes to Oil Production

In a resilient performance amid fluctuating oil prices, Chevron Corporation (NYSE: CVX) reported third-quarter 2025 earnings that surpassed Wall Street expectations, bolstered significantly by the recent integration of Hess Corporation\’s assets. The acquisition, completed in July 2025, has already begun paying dividends through enhanced production volumes, particularly from high-yield fields in Guyana. This marks a […]

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The Oil and Gas Markets Financial Update – And on Monday we have Doomberg

Josh Young, founder and CEO of Bison Interests, joins David Blackmon and Stu Turley to unpack the major developments shaping today’s energy markets. From new sanctions and shifting trade policies to rare earth supply issues and OPEC capacity, the conversation explores how political and geopolitical factors continue to influence oil, gas, and investment trends. Josh […]

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Valero Charges Forward with California Refinery Shutdown: Newsom\’s Net Zero \”Victory\” Accelerates the Exodus of Oil and Gas from the Golden State

In a move that underscores the relentless squeeze on California\’s fossil fuel industry, Valero Energy has confirmed it will proceed with shutting down its Benicia refinery by April 2026, despite last-ditch negotiations with state officials. The 145,000-barrel-per-day facility, a cornerstone of West Coast refining since 1968, falls victim to what Valero cites as an unforgiving […]

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U.S. Interior Department Restores Canceled Leases to Alaska State Agency for Oil and Gas Development

The U.S. Department of the Interior has taken a significant step to boost domestic energy production by reopening the Arctic National Wildlife Refuge (ANWR) to oil and gas exploration and restoring previously canceled leases to an Alaska state agency. This move, announced on October 23, 2025, marks a reversal of policies from the previous administration […]

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US Oil Production is Booming and Demand is Driving It – Global Geopolitical Issues Set to Increase Prices

The United States continues to solidify its position as a global energy powerhouse, with crude oil production reaching record highs amid robust domestic demand for petroleum products. As of 2025, U.S. oil output is forecasted to average 13.53 million barrels per day (mb/d), building on the momentum from 2024\’s 13.24 mb/d. This surge is largely […]

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