FROM THE OIL PATCH
HEADLINES OF INTEREST
This Supreme Court case is much bigger than oil and gas
Local emissions rules shouldn’t be used to shake down companies for conduct occurring elsewhere. Michael Toth is the director of research at the Civitas
Democrat Governor Who Sued Exxon Over Climate Change Asks Trump Administration To Fast-Track Gas Pipeline
Democratic Massachusetts Gov. Maura Healey, who sued ExxonMobil over climate change, is pressing the Trump administration to speed approval of a gas pipeline expansion. Healey
US Senate negotiators reach permitting bill deal, ending yearslong impasse
The bipartisan legislation is aimed at reducing regulatory delays and litigation uncertainties for energy projects. US Senate negotiators introduced bipartisan permitting legislation Sept. 30 that would accelerate federal reviews, sharply curtail the window for legal challenges to energy projects, and improve predictability for developers. The agreement is a breakthrough in
129 Gulf Platforms Evacuated as Isaias Gets Stronger
In a statement sent to Rigzone on Friday, the Marine Minerals Administration (MMA) revealed that personnel had been evacuated from a total of 129 production platforms in the Gulf, based on data from offshore operator reports submitted as of 11am CDT today. That represents 34.77 percent of the 371 manned
EIA Boosts Oil Price Forecast by $5 in 2026, $10 in 2027
In its latest short term energy outlook (STEO), the U.S. Energy Information Administration (EIA) raised its 2026 Brent crude oil spot price forecast by more than $5 per barrel and its 2027 Brent price forecast by $10 per barrel, compared to its previous STEO. The EIA’s latest STEO, which was
Oil Advances Amid War and Hurricane Risks
Oil ticked higher as the prospect of a wave of Russian diesel hitting global markets competed with mounting supply risks, from fresh tanker attacks in the Strait of Hormuz to a hurricane in the US. Brent advanced about 0.4% to settle near $105 a barrel after surging more than 4%
WEEKLY UPDATE
CRUDE OIL WEEKLY UPDATE (Week Ending 10-09-26)
Crude Oil Summary (EIA) For the week ending October 02, 2026, U.S. refineries processed 16.5 million barrels per day (b/d), up 223,000 b/d from the
NATURAL GAS WEEKLY UPDATE (Week Ending 10-09-26)
Market Highlights: Natural gas storage Net injections into storage totaled 85 Bcf for the week ending October 2, compared with the five-year (2021–2025)
ANALYSIS & INSIGHTS
Zekelman Industries Steel Snapshot – September 2026
SMU September HR Coil $1,225 up $45 from August. SMU September CR Coil $1,460 up $60 from August. September Chicago #1 Bush est.at $450, unchanged
Preston Pipe Report – September 2026
(by Paul Vivian and Rick Preckel, www.prestonpipe.com) – Market Monitor – Join us, and our sponsors: Steel Dynamics, ArcelorMittal, Fuchs Lubricants, Texas Steel Conversion, and
Argus Pipe Logix Line Pipe Report – September 2026
(by Rye Druzin, www.pipe-logix.com) US line pipe: Supply shortage persists. The Argus line pipe index rose by $60/short ton (st) in September to $2,874/st, the
AISI Press Release on Latest U.S. Imports of Steel Products – October 2026
(American Iron and Steel Institute 09-10-26) Finished Import Market Share Estimated at 19 Percent in September – Based on the Commerce Department’s most recent Steel
