Daily Standup Top Stories The Senate Caves on IRA Wind and Solar Subsidies – David Blackmon June 18, 2025 Clark Savage ENB Pub Note: This article from David Blackmon’s Substack is spot on – and RINOs are at it again… We need some huge primaries, and this is just disgusting. The RINOs in Congress, not David […] […]
Continue ReadingThe U.S. energy market is reeling from a massive 11.5 million-barrel draw in crude oil inventories, one of the largest weekly declines in recent memory. Despite this significant tightening of supply, oil prices have remained surprisingly stable, with West Texas Intermediate (WTI) July contracts hovering around $71.88 after a brief spike earlier this week. The […]
Continue ReadingWeekly Daily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on the Energy News Beat Podcast, and the secondary sanctions on China and India’s refineries would undoubtedly cause havoc in […]
Continue ReadingDaily Standup Top Stories How big is the Alaska LNG Project? Glenfarne says more than 50 firms interested in Alaska LNG project June 4, 2025 Mariel Alumit The Alaska LNG Project: A Mega-Project for Energy Security and Economic Growth The Alaska LNG Project is a proposed liquefied natural gas (LNG) export initiative aimed at tapping into […]
Continue ReadingThe oil and gas industry is no stranger to volatility, and 2025 is shaping up to be another wild ride. A recent headline grabbed the attention of investors and analysts alike: Banks Cut 2025 Oil Price Forecast Below $60, Survey Shows. According to a survey by law firm Haynes Boone LLP, 28 banks have slashed […]
Continue ReadingDaily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on the Energy News Beat Podcast, and the secondary sanctions on China and India’s refineries would undoubtedly cause havoc in the […]
Continue ReadingThe Organization of the Petroleum Exporting Countries and its allies (OPEC+), which collectively produce about 48% of global oil, have begun unwinding a series of voluntary output cuts implemented since 2022. This strategic shift, led by key members like Saudi Arabia and Russia, aims to reclaim market share, address non-compliance among members, and challenge high-cost […]
Continue ReadingAs part of the Sandstone Teams services, we offer a review of oil and gas deals for our clients. We gain valuable insights into actual data points across various fields in the U.S. One key aspect is examining the well economics for each well and how it impacts the entire group or deal. We are […]
Continue ReadingAs we work on our day jobs of evaluating oil and gas wells and leases to determine whether they are a good investment or should be passed, I wanted to share some basic information as a backdrop to Texas oil and gas. I do not provide investment advice, but I am more than willing to […]
Continue ReadingOil prices decreased sharply following comments from President Trump indicating the U.S. is close to a nuclear deal with Iran. Iran’s officials have suggested they would consider abandoning uranium enrichment if the United States lifts economic sanctions. Recent reports of a U.S. crude oil inventory build further contributed to the downward pressure on oil prices. […]
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