
FROM THE OIL PATCH
EPIC Crude Gains Edge as Corpus Christi Channel Expansion Wraps
EPIC Crude Holdings LP said it expects to see continued strategic benefits from the recently completed Channel Improvement Project (CIP) at the Port of Corpus
U.S. Sits on Billions of Untapped Oil Barrels
The United States is the largest oil and gas producer in the world. It is also experiencing a slowdown in its oil production for a
Middle East Conflict Sparks Exodus of Foreign Oil Personnel
Several foreign experts working with oil companies in Iraq have recently left the country amid the escalating Israel-Iran conflict, Shafaq News reported on Thursday, citing a senior source in the industry. “Certain nationalities, especially British experts, have also exited Iraq,” the source told Shafaq News, “yet continue to receive full salaries despite
The Permian Basin is Fueling America’s Electric Future
The growth in US power demand is surging to its highest rate in decades, driven first by the electrification of oil and gas production and then by the build out of data centers. While still below the 5-10% growth seen in China, the world’s first “electrostate,” the US power sector
U.S. Senate’s passage of OBBBA a ‘win for American energy,’ say industry reps
The U.S. Senate on Tuesday voted to narrowly approve President Trump’s $3.3 trillion tax and spending package dubbed the ‘One Big Beautiful Bill.’ U.S. energy associations including the API, IPAA, NOIA and EWTC issued separate statements acknowledging the Senate’s decision as a victory for the U.S. oil and gas industry.
Oil and gas industry praises Trump permitting reform
The Trump administration on Tuesday announced new permitting reforms after years of the oil and gas industry calling on administrations and Congress to streamline a burdensome process. The Department of Energy published an interim final rule rescinding all National Environmental Policy Act (NEPA) regulations. It also published new NEPA guidance procedures that “replace outdated
CRUDE OIL WEEKLY UPDATE (Week Ending 07-07-25)
U.S. crude oil refinery inputs averaged 17.1 million barrels per day during the week ending June 27, 2025, which was 118 thousand barrels per day
NATURAL GAS WEEKLY UPDATE (Week Ending 07-04-25)
Market Highlights: NOTE: Due to holiday, EIA next release will be on July 10, 2025
Zekelman Industries Steel Snapshot for June 2025
(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) SMU June HR Coil $860 up $15 from May. Nippon is finalizing contract agreement with the
Preston Pipe Report – June 2025
(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor – Worley has confirmed that it has landed a contract to provide engineering services and a final
Argus Pipe Logix Line Pipe Report – June 2025
(by Rye Druzin, www.pipe-logix.com) The US line pipe market spent June reassessing its positions after another round of steel tariff changes roiled the market while
AISI Press Release on Latest U.S. Imports of Steel Products – June 2025
(American Iron and Steel Institute) Finished Import Market Share Estimated at 20 Percent in May – Based on the Commerce Department’s most recent Steel Import