
FROM THE OIL PATCH
How Trump’s tariffs could bring a spike to gas pump prices and heating bills
President Donald Trump’s tariffs on Canada and Mexico could mean higher heating bills and prices at the pump. After a monthlong pause on his tariff plans,
With Texas facing soaring electricity demand, the politics of energy quietly shift at the Capitol
The Legislature has tried to clamp down on renewable energy resources in the past, but many lawmakers are recognizing the need to support all types
Texas Rep Unveils Bill To Block Future Presidents From Launching An ‘Assault On Domestic Energy’
Republican Texas Rep. Jodey Arrington introduced a bill Wednesday aimed at restricting future U.S. presidents from imposing an export ban on crude oil without first providing valid reasoning. The bill, known as the Continuing Robust and Uninhibited Drilling and Exporting (CRUDE) Act, would prevent future U.S. presidents from imposing export
Payroll in USA Oil and Gas Totals $168 Billion in 2024
Payroll in the U.S. oil and gas industry totaled $168 billion in 2024. That’s what the Texas Independent Producers & Royalty Owners Association (TIPRO) said in its latest State of Energy report, which was released this week, highlighting that this figure was “an increase of nearly $5 billion compared to
Canada should diversify oil export markets, country’s top oil producer says
Canada must look at ways to diversify its oil export markets, both in the short term as well as by exploring a long-term solution like a new east-west pipeline, the president of Canadian Natural Resources Ltd (CNQ.TO), said on Thursday. Scott Stauth said Canadian Natural, Canada’s largest oil and gas producer,
Natural gas demand set to soar as supply struggles to keep pace
Natural gas crash landed into a field of low prices and weak demand several years ago. Now, analysts say, the natural gas demand rocket is ready for relaunch. “This is the most exciting and robust market we’re about to enter into that I’ve seen in my career,” stated Jack Weixel,
CRUDE OIL WEEKLY UPDATE (Week Ending 03-14-25)
Crude Oil Summary (EIA) U.S. crude oil refinery inputs averaged 15.7 million barrels per day during the week ending March 7, 2025, which was 321
NATURAL GAS WEEKLY UPDATE (Week Ending 03-14-25)
Market Highlights: Prices Henry Hub spot price: The Henry Hub spot price fell 21 cents from $4.40 per million British thermal units (MMBtu) last Wednesday
Zekelman Industries Steel Snapshot for March 2025
(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) SMU March HR Coil $950 up $190 from Feb. Nippon purchase status of USS has gone
Preston Pipe Report – February 2025
(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor – No change to the drilling forecast and a relatively unchanged project environment (from our November issue)
Argus Pipe Logix Line Pipe Report – February 2025
(by Rye Druzin, www.pipe-logix.com) Tariffs drove US line pipe prices up this month, with higher import prices outpacing domestic price hikes. US line pipe prices
AISI Press Release on Latest U.S. Imports of Steel Products – March 2025
American Iron and Steel Institute, www.steel.org (03-08-25) Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and