Crude Oil News
EIA Says U.S. Oil Production Will Peak in 2027
ENB Pub Note: While I do believe we may be at peak production in one basin, here is a new quote for you: “A country’s energy output is not defined by one basin.” There are […]
New Mexico
Carbon Tax
Oil Prices Don’t Support New Drilling
Daily Standup Top Stories Free calculator launched for shipowners to navigate IMO’s new green deal April 15, 2025 Stu Turley ENB Pub Note: While guidance and less pollution is a great thing. The belief that you […]
Crude Oil News
Lower Oil Prices Threaten Permian Basin Growth
US oil producers are struggling to defend margins at $60 WTI due to additional corporate costs that raise the all-in breakeven price. Trade policies and market volatility are threatening US oil production growth, particularly in […]
Big Oil Companies
The American Shale Patch Is All About Depletion Now
ENB Pub Note: Michael and I will cover this on our next podcast. As I have said, there will be no “Drill Baby Drill”, it will be more like: “Drill Baby when fiscally responsible.” Goehring […]
EIA News
Five states drove record U.S. natural gas production in 2023
Data source: U.S. Energy Information Administration, Natural Gas Monthly Note: 2024 YTD=Jan–Aug Five states produced more than 70% of the record 113.1 billion cubic feet per day (Bcf/d) of U.S. marketed natural gas production in 2023. Texas accounted […]
Crude Oil News
Permian Basin Gas Pipeline Capacity Set to Increase with New Projects
Natural gas pipeline capacity in the Permian Basin is gearing up for significant gains with the upcoming launch of the Matterhorn Express Pipeline. The 2.5 billion cubic feet per day (Bcf/d) pipeline, expected to begin […]
Big Oil Companies
US Oil Dominance Hinges on Quiet Corner of New Mexico
About 100 miles east of UFO-capital Roswell, a dusty corner of New Mexico with more cattle than people is quietly buttressing the US’s world oil dominance. After pumping less crude in the years leading up to the […]
Climate Crisis
Week Recap: States Sue EPA, Biden Raises Tariffs, Trump Targets Wind
Weekly Daily Standup Top Stories 25 States Sue EPA Over Unachievable Power Plant Regulations May 11, 2024 Stu Turley West Virginia and Indiana are leading a group of 25 states asking for the U.S. Court of […]
Crude Oil News
US shale companies accused of collusion over oil price
The US shale oil industry faces a barrage of lawsuits alleging some of the largest companies in the sector colluded to curb output and raise prices, after similar claims were made by US antitrust regulators. […]
Renewables Not Sustainable
New Mexico Spends Millions On Solar Projects, Has No Idea How Much Power They’ll Generate
New Mexico’s Economic Development Department announced plans this month to spend millions of dollars on “energy transition” projects [to meet climate change metrics and create jobs]. [emphasis, links added] The only problem is she doesn’t […]