
FROM THE OIL PATCH
Trump admin will boost Gulf of America oil production by 100K barrels a day under new drilling policy
The Interior Department is helping to increase oil production in the newly renamed Gulf of America by 100,000 barrels per day under a new policy following President Trump’s
Report: NY’s Ban on Fracking Has Cost State’s Residents Tens of Thousands of Dollars
A new report by The Heritage Foundation shows the economic benefits of hydraulic fracturing (aka fracking) for natural gas. New York state has had a ban on
US senators propose drilling ban off New England in bid to fight ‘oil-igarchy’
A bipartisan group of U.S. senators has introduced a bill to stop drilling off the coast of New England to protect ocean and coastal resources. As disclosed, U.S. Senator Sheldon Whitehouse (D-RI) is leading the group in announcing the introduction of the New England Coastal Protection Act to ban offshore drilling along
EQT plans to spend less while producing more US natgas in 2025
U.S. energy company EQT (EQT.N) the country’s second-biggest natural gas producer, plans to reduce capital spending but produce more energy in 2025, while rival Range Resources (RRC.N) said it would hold expenditures and output relatively steady from 2024. The companies released their spending plans late Tuesday alongside first quarter earnings statements. With U.S.
New US policy to boost Gulf of Mexico oil production
The US Department of the Interior has introduced a new policy which will see increased pressure differential during downhole commingling boost offshore oil output in the Gulf of Mexico. The Bureau of Safety and Environmental Enforcement implemented new parameters for downhole commingling in the Paleogene (Wilcox) reservoirs, expanding the allowable
Morgan Stanley Infra Partners Eyes $2 Billion Permian Pipelines Sale, Sources Say
Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2 billion including debt, three people familiar with the matter said. Brazos moves natural gas, natural gas liquids and oil from the wellheads
CRUDE OIL WEEKLY UPDATE (Week Ending 04-25-25)
Crude Oil Summary (EIA) U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending April 18, 2025, which was 326
NATURAL GAS WEEKLY UPDATE (Week Ending 04-25-25)
Market Highlights: Prices Henry Hub spot price: The Henry Hub spot price fell 28 cents from $3.21 per million British thermal units (MMBtu) last Wednesday
Zekelman Industries Steel Snapshot for April 2025
(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) SMU April HR Coil $905 down $45 from March. Pres Trump has asked CFIUS to review
Preston Pipe Report – April 2025
(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor – April 2025 has been a notably active period for the US oil and gas pipeline sector,
Argus Pipe Logix Line Pipe Report – March 2025
(by Rye Druzin, www.pipe-logix.com) US line pipe: Prices tick up on tariffs. Tariffs continued pushing up US line pipe prices this month, with import and
AISI Press Release on Latest U.S. Imports of Steel Products – April 2025
American Iron and Steel Institute, www.steel.org (04-08-25) Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and