Oil prices rallied aggressively on Tuesday morning, recovering from the OPEC+-induced drop that was sparked by the cartel\’s decision to unwind production cuts at a faster rate than previously planned. Despite the recovery, uncertainty remains in markets and more volatility is likely. – Oil majors have been surprisingly inert in reacting to oil prices declining […]
Continue ReadingDaily Standup Top Stories Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says May 5, 2025 Clark Savage ENB Pub Note: President Trump’s team still does not understand what motivates President Putin to end the war. In the following article from Bloomberg, President Trump oddly says that low oil prices will bring President […] Saudi […]
Continue ReadingENB Pub Note: If you have heard the Energy News Beat Podcast, you have heard me say that ESG Investing has impacted American oil and gas companies and their commitment to their investors and stakeholders. I would say that goes for the public and private companies. For the public companies, it is easy to look […]
Continue ReadingENB Pub Note: This article is from The Crude Truth Substack. I agree with the point that a single basin output does not define the country\’s energy production capabilities. So, has the United States hit peak oil and gas production, or is it just one basin? I agree with Rey Trevino that we are not […]
Continue ReadingBeing in the oil and gas business as a family-owned exploration and production company is one of the most significant rewards I have had in my professional career. And the number one question I get is Where are the oil prices going? That is a huge question, and in the past, it was a lot […]
Continue ReadingWeekly Daily Standup Top Stories DAVID BLACKMON: Reconciliation Permitting Reform Will Make America Go Big Again OPINION April 12, 2025 Clark Savage ENB Pub Note: David Blackmon is a great energy expert in the podcasting arena, and it has been great fun getting to know him over the last several years. I highly recommend following him […]
Continue ReadingDaily 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 can tax ship owners into using battery-powered ships just won’t make the energy transition happen. First, we are not […] Lower […]
Continue ReadingUS 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 the Permian Basin, as companies may need to cut back activity to maintain investor payouts. Increased hurdle rates and debt […]
Continue ReadingDaily Standup Top Stories DAVID BLACKMON: Reconciliation Permitting Reform Will Make America Go Big Again OPINION April 12, 2025 Clark Savage ENB Pub Note: David Blackmon is a great energy expert in the podcasting arena, and it has been great fun getting to know him over the last several years. I highly recommend following him on […] […]
Continue ReadingENB Pub Note: This article from Robert Rapier is spot on. Low oil prices are not always a good thing. When the price is too low, drilling stops, and then when the price comes back up, drilling begins again. We will see a price spike soon, as we are still short 4 trillion in cap […]
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