FROM THE OIL PATCH
China’s Factory Activity Shrinks Again in November, Services Activity Cools
China’s factory activity shrank for an eighth month in November while services activity cooled, highlighting the dilemma facing policymakers over whether to press ahead with
Has California’s Oil and Gas Industry Hit the Point of No Return?
Gov. Newsom is single handedly sending California into energy poverty, rather than economic and energy prosperity Most California residents recognize that California’s highest-in-the-nation gas prices
Texas Producer Battles California to Restart Offshore Oil Platforms
A Texas oil firm is fighting an uphill battle with the state of California to restart crude oil production and sales from three platforms in federal waters offshore Santa Barbara. Houston-based Sable Offshore Corp, led by industry veteran James Flores, is embroiled in contentious legal battles with California’s agencies and
Enbridge Taps Allseas for 320-Mile Deepwater Oil, Gas Export Pipelines in U.S. Gulf
Allseas will install more than 320 miles of deepwater oil and gas export pipelines for Enbridge in the U.S. Gulf of Mexico, expanding subsea capacity and supporting future production growth. Allseas has secured a contract from Enbridge Offshore Facilities, LLC to install four deepwater crude oil and natural gas export
From Mojave to Beijing: how America quietly conceded the rare earth race
At the edge of California’s Mojave Desert, the Mountain Pass mine looks like any other stretch of dust and rock. But for decades, this lonely pit supplied the world with the rare-earth elements that make modern technology — and modern warfare — possible. In the 1980s, Mountain Pass was the beating
Natural Gas Strengthens Midstream Outlook as Sector Shows Resilience Into 2025
Natural gas production growth, stable contract structures and long-term LNG trends continue to reinforce midstream resilience heading into 2025, despite broader market volatility and crude-driven uncertainty. A recent outlook from Global X finds that natural gas continues to anchor midstream resilience heading into 2025, even as crude-exposed sectors struggle with
CRUDE OIL WEEKLY UPDATE (Week Ending 11-28-25)
U.S. crude oil refinery inputs averaged 16.4 million barrels per day during the week ending November 21, 2025, which was 211 thousand barrels per day
NATURAL GAS WEEKLY UPDATE (Week Ending 11-28-25)
Notice of holiday release schedule for Natural Gas Weekly Update (NGWU): There will be no NGWU released on Thursday, November 27 due to the federal
Zekelman Industries Steel Snapshot for November 2025
SMU November HR Coil $830 up $35 from Oct. Posco MOU with Cliffs to purchase 10% stake. HRC lead times at several mills is into
Preston Pipe Report – August 2025
(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor – According to a press release, Glenfarne Alaska LNG, LLC and POSCO International Corporation announced an agreement
Argus Pipe Logix Line Pipe Report – October2025
(by Rye Druzin, www.pipe-logix.com) Us line pipe prices slipped this month as domestic declines outpaced import gains. The Argus line pipe index declined by $7/short
AISI Press Release on Latest U.S. Imports of Steel Products – October 2025
(American Iron and Steel Institute 11-17-25) Finished Import Market Share Estimated at 14 Percent in September – Based on the Commerce Department’s most recent Steel