FROM THE OIL PATCH

Energy Pipelines Controversial Now, But One Helped Win World War II
HEADLINES OF INTEREST

Energy Pipelines Controversial Now, But One Helped Win World War II

Oil and gas pipelines have become flashpoints in discussions of climate change. From the Atlantic coast to the Dakotas, pipelines that would deliver fossil fuels to customers have sparked protests and legal challenges. The Keystone XL pipeline, which was designed to carry oil from Alberta tar sands to refineries on

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Why Builders Stick with Lumber Despite Price Hikes and Shortages

Why Builders Stick with Lumber Despite Price Hikes and Shortages

With builders grappling with record-high lumber prices and supply shortages over the past year, why are so few willing to switch away from traditional wood framing methods? A June 2021 survey for the NAHB/Wells Fargo Housing Market Index (HMI) reveals several reasons, but one stands out above the rest. More than four

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Oil, gas well approvals most since 2008

Oil, gas well approvals most since 2008

Approvals for companies to drill for oil and gas on U.S. public lands are on pace this year to reach their highest level since George W. Bush was president, underscoring President Joe Biden’s reluctance to more forcefully curb petroleum production in the face of industry and Republican resistance. The Interior

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U.S. oil demand sets records as industrial recovery surges

U.S. oil demand sets records as industrial recovery surges

America’s oil demand has soared to new heights in a remarkable turnaround from just a year ago when the pandemic sent the U.S. economy into a tailspin and decimated demand. A rolling average of U.S. total oil products supplied – an indicator of consumption – jumped to the highest seasonal

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WEEKLY UPDATE
ANALISIS & INSIGHTS

Preston Pipe Report – July 2021

(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor – Last month we wrote about the reminder that PHMSA sent out regarding pipeline owner and

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