Bloomberg – Such is the extent of the shakeout in the U.S. shale industry that Permian Basin oil production is closer to...
Reuters – U.S. crude exports from Corpus Christi, Texas, have surged to a record in recent weeks, often surpassing hubs such as...
David Blackmon – Forbes – Forty years ago, the conventional wisdom about oil was that we were running out of it and...
Jordan Blum – Houston Chronicle – Exxon Mobil led the way with new finds off the coasts of Guyana and Cyprus as...
Houston Chronicle – Apache Corp. is closing its San Antonio office and eliminating more than 270 jobs as part of a reorganization...
Reuters – Range Resources Corp said on Wednesday it expects a significant charge in the fourth quarter related to its oil and...
Adrian Hedden – Carlsbad Current-Argus – A multi-mile conveyor belt system could bring frac sand from West Texas into southeast New Mexico,...
Christopher Helman – Forbes —It has been a miraculous decade for American Oil and Gas. Thanks to their enterprising innovations in directional...
HOUSTON (Reuters) – Vastly slower U.S. oil growth this year and the prospect of a plateau for the world’s top oil producer...
New Mexico In Depth – Seated on the floor of First Christian Church on a recent Sunday morning, Pastor Dave Rogers pierces...
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.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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