FROM THE OIL PATCH
Supreme Court unleashing power over pipelines, natural gas
A decade of battles against pipelines proposed to crisscross the country is arriving at the Supreme Court. Driving the news: The court ruled last week on the first such high-profile case, and two other actions also on pipelines are pending before the justices in decisions whose impacts could be far-reaching.
The big oil turnaround: From negative prices to a bull market
Every day, traders in London congregate at 4 p.m. to buy and sell North Sea oil for half an hour. The window,
Taxpayers Are Footing The Bill For 100-Year Old Oil Wells
Plugging old oil and gas wells may cost as much as ten times what the industry routinely estimates, according to
Congress looking into oil and gas sector solutions as BP announces layoffs
As the oil and gas industry in Texas continues to suffer during the global pandemic, and after BP announced global layoffs, Congress may step in. Senator John Cornyn, R-Texas, said lawmakers are currently looking at ways to provide relief to oil and gas companies, which employ more than 400,000 Texans
Conflicting reports on U.S. shale industry’s projected collapse, growth
(The Center Square) – Several newly published reports suggest that the U.S. shale industry could collapse because of the coronavirus shutdowns and the Russian-Saudi Arabian oil war, which created a perfect storm of plummeting prices, job losses and economic losses hitting the once booming Texas industry hard. Almost 36 North American
The Oil & Gas Sector Could Already Be In Terminal Decline
The fossil fuel industry has faced serious headwinds for several years, but the rise of renewables combined with the fall in consumption as a consequence of the global corona crisis is pushing it over the edge and into “terminal decline”. Although global coal consumption continues to grow slowly, its use has
CRUDE OIL WEEKLY UPDATE (Week Ending 06-26-20)
Crude Oil Summary (EIA): U.S. crude oil refinery inputs averaged 13.8 million barrels per day during the week ending June 19, 2020 which was 239,000
NATURAL GAS WEEKLY UPDATE (Week Ending 06-26-20)
In the News (EIA): Henry Hub daily natural gas spot price reaches historic low: The average spot price of natural gas at the Henry Hub
Zekelman Industries Steel Snapshot For Jun 2020
(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) Platts June HR Coil is $509, up $12 from May. USS Mon Valley is restarting a
Preston Pipe Report – The Line Pipe Market Jun 2020
(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor <= 16” Diameter – Small diameter line pipe shipments remain above the level of demand, adding
Pipe Logix Line Pipe Report – May 2020
(by Kurt Minnich, www.pipe-logix.com) Line pipe prices decreased 2.3% in May with domestic prices down 2.4% and import prices down 2.1%. The Pipe Logix Index
AISI – Press Release On Latest U.S. Imports Of Steel Products – June 3, 2020
(American Iron and Steel Institute, www.steel.org – June 3, 2020) Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the
NASPDFall Conference
Coeur d’Alene Hotel
Coeur d’Alene, Idaho 83814
OCTG & LINE PIPE FORECASTING SUMMIT
Hyatt Regency Houston
NAPCA56th Annual Convention
Hilton Sandestin Beach Resort
Miramar Beach, FL 32550
