By: J. Robinson & Kelsey Hallahan – S&P Global Platts – As Appalachia’s natural gas markets turn increasingly bullish, one of the...
By: Barry Po – Forbes – The winds of change are howling in the world of heavy industry. If there were any...
By: Alex Mills – Abilene Reporter News – Natural gas prices broke through the $4 per thousand cubic feet (Mcf) level this...
By: Cathy Bussewitz and Martha Irvine – AP – Rusted pipes litter the sandy fields of Ashley Williams Watt’s cattle ranch in...
By: Paul Takahashi – Houston Chronicle – Lime Rock Resources plans to buy oil and gas wells in West Texas for $508.3...
By: Reuters – Oil prices steadied on Monday after a choppy session as the spread of the COVID-19 Delta variant stoked fears...
By: EIA – Natural gas pipeline exports from the United States to Mexico surpassed 7 billion cubic feet per day (Bcf/d) on...
WHERE IT BEGINS Just over a week before the presidential election, Mizuho Americas laid out what it saw as the likely shift...
By: Renée Jean – Williston Herald – The Bakken was the only shale play in America to improve production efficiency per well...
By: Reuters – Oil edged up towards $69 a barrel on Tuesday as a tight physical market offset some of the COVID-19...
U.S. stocks closed higher on Thursday, but off the session's loftiest levels, after President Trump touted his first significant win in securing a trade deal with a longstanding trade partner.
The U.S. and U.K. outlined broad strokes of their trade agreement, which still would keep 10% tariffs in place on many British imports sold in the U.S., while allowing more American agriculture products into the U.K.
Stocks lost ground in late-afternoon trade after Bloomberg reported that Trump wants to see a tax hike on wealthy people who earn $2.5 million or more.
The blue-chip Dow Jones Industrial Average closed 254.48 points higher, or up 0.6%, ending at 41,368.48. That was slightly less than the 10% climb needed from its recent closing low to cement an exit from correction territory for the index. The minimum needed would be a close of 41,410.15 or higher.
The S&P 500 gained 32.66 points, or 0.6%, ending at 5,663.94.
The Nasdaq Composite finished 189.98 points higher, or 1.1%, closing at 17,928.14.
U.S. productivity decreased at a 0.8% annual rate in the first quarter, the government said Thursday. That’s the first decline since the second quarter of 2022.
Economists surveyed by the Wall Street Journal had projected a 0.7% decrease. Over the past four quarters, U.S. productivity has increased at a 1.4% pace, the slowest pace since the first quarter of 2023.
Unit-labor costs, a key measure of wages, jumped 5.7% in the first quarter, up from 2.0% in the fourth quarter.
🔴 Negative for inflation outlook: Rising labor costs and falling productivity raise inflation risks.
🔴 Potential market impact: Could push bond yields higher as traders reassess interest rate cuts.
🔴 Federal Reserve implication: Makes the Fed’s job harder—slower growth but still sticky inflation.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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