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FROM THE OIL PATCH

HEADLINES OF INTEREST

Court Upholds Trump Admin Order to Restart SYU

The United States District Court for the Central District of California has ruled the federal government had the authority to order the reactivation of the Santa Ynez Unit (SYU) and the oil project’s pipeline system. California’s attorney-general had sued before the court on March 23 alleging the order constituted an

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EIA Sees Oil Crunch in 2026, Glut in 2027

The U.S. Energy Information Administration (EIA) is predicting an oil market crunch in 2026 and a glut in 2027, the organization’s latest short term energy outlook (STEO), which was released earlier this month, revealed. According to its August STEO, the EIA sees world petroleum and other liquid fuels consumption outweighing

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Hormuz crisis hides a deeper oil threat that could outlast the war

As global attention remains fixed on tankers moving through the Strait of Hormuz, a petroleum geologist is warning that the more consequential energy story may be unfolding thousands of feet underground — and could continue long after any political agreement ends the fighting. Art Berman, a petroleum geologist and energy consultant

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WEEKLY UPDATE

ANALYSIS & INSIGHTS

Preston Pipe Report – August 2026

(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor – FERC staff has issued the final environmental impact statement (EIS) for Tennessee Gas Pipeline’s Mississippi Crossing Project and

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