Slew of hurdles slow Mexico's gas export ambitions
Regulatory hurdles and delays are hindering Mexico's efforts to boost...
Regulatory hurdles and delays are hindering Mexico's efforts to boost imports of natural gas sourced primarily from the US, which in turn is affecting Permian Basin producers reliant on the Mexican market. Further complicating matters is environmental groups' legal challenge to the US approval of Oneok's 2.5-Bcf/d Saguaro Connector Pipeline, which would connect Texas' Waha Hub with a new Mexican pipeline meant to supply Mexico Pacific's proposed Sonora LNG export plant.
Biden, Trump square off in first presidential debate
President Biden and former President Trump will take the debate stage...
President Biden and former President Trump will take the debate stage on Thursday night, but under different rules than their last verbal duel in 2020. Both candidates decided to bypass the Commission on Presidential Debates, which had been the organizer since 1988, to instead participate in a debate hosted by CNN that will be available on streaming. Some of the changes from 2020 include no live audience, muted microphones when the other candidate is speaking, and no props or written notes allowed on stage. It is the earliest televised US general election debate since 1960.
The Supreme Court will decide 15 cases this week. The...
The Supreme Court will decide 15 cases this week. The most pivotal is whether Donald Trump is immune from prosecution for election interference, as he contends he can’t be charged for actions taken while serving as president. Other major cases the court will rule on include the legality of emergency abortions in states that have banned the procedure, regulations on outdoor homeless encampments, and whether social media platforms can censor users.
Torrential rain in the US Midwest caused flooding that prompted rescues and evacuations in multiple states.
Israeli Defense Minister Yoav Gallant arrived in Washington, DC, for meetings with US officials about Gaza and Lebanon. The visit comes at a time when PM Benjamin Netanyahu has repeatedly accused the White House of holding up weapons shipments to Israel, which the US has denied and called “perplexing.”
Climate protesters stormed the 18th green at the Travelers Championship in Connecticut, disrupting play on the final hole. Scottie Scheffler later won the tournament in a playoff.
American sprinter Sha’Carri Richardson made the US Olympics team by running the fastest women’s 100m race so far this year (10.71 seconds). The track superstar was not allowed to compete in the Tokyo Olympics in 2021 after testing positive for THC.
The USPS is releasing a Forever stamp honoring the late Jeopardy! host Alex Trebek.
Oil and gas rig numbers slide again in Oklahoma and the U.S.
Oil and gas drilling activity continued its decline in the past week,...
Oil and gas drilling activity continued its decline in the past week, both in Oklahoma and across the U.S. resulting more drilling units placed in storage.
Oklahoma’s count fell by two to 35 rigs, according to the Baker Hughes rig count released on Friday. A year ago, the state recorded 42 active rigs.
Nationally, the total count slipped by two to 588, including the decline of three oil rigs to 485, gas rigs unchanged at 98, and miscellaneous up one to 5.
Compared to a year ago, the U.S. count is down 94 rigs from 682, including a drop of 61 oil rigs and 32 gas rigs.
Texas saw a decline of three to 282 rigs, while New Mexico was unchanged at 108, and North Dakota’s count gained two to reach 34.
Benchmark U.S. crude oil for August delivery fell 56 cents to $80.73 per barrel Friday. Brent crude for August delivery fell 47 centsto $85.24 per barrel.
Wholesale gasoline for July delivery rose 1 cent to $2.51 a gallon. July heating oilfell 3 cents to $2.49 a gallon. July natural gasfell 4 cents to $2.71 per 1,000 cubic feet.
