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
Are Investors Ignoring The Largest Financial Risk Ever?
Financial markets are vastly underestimating the financial risk from climate change, according to the International Monetary Fund. Global temperatures have already increased by 1.1 degrees Celsius since preindustrial times and are on track to warm somewhere around 3 degrees C by the end of the century, although much depends on
A reshaped U.S. oil sector awaits
The domestic oil sector that emerges from the pandemic-fueled price and demand collapse will be different than what preceded it. And more signs arrive every day. Driving the news: ConocoPhillips CEO Ryan Lance, in a newly posted interview with IHS Markit’s Dan Yergin, says “shale will come back.” But he adds that there
Texas E&P Industry Records Stinging Losses in April as Covid-19 Strips Jobs, Permitting and Production
Texas oil and gas activity suffered a bloodbath of sorts in April as the state began to register the full effects of the Covid-19 lockdowns, with upstream jobs tumbling to the largest monthly decline on record, the Texas Alliance of Energy Producers said Wednesday. The statewide oil and gas association’s
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
