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• California Oil Producer Berry Corp. Explores Sale, Sources Say
  Berry Corp. is exploring strategic options that could result in a sale of the California-focused oil...
  Berry Corp. is exploring strategic options that could result in a sale of the California-focused oil producer, people familiar with the matter said on Oct. 6.
  
  The company is considering a wide range of options as it undertakes the strategic review with the help of a financial adviser, said the sources, who cautioned that a final decision on pursuing any specific course has not been made.
  
  Berry has a market value of about $669 million, based on its closing price on Oct. 5, and holds long-term debt worth $395 million as of June 30.  Around 80% of Berry’s production came from California in the second quarter, with the remainder from Utah's Uinta basin. 
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• US gas output, LNG exports seen growing this winter
  US natural gas output will average 104 billion cubic feet per day this winter, up 4% year over year,...
  US natural gas output will average 104 billion cubic feet per day this winter, up 4% year over year, while liquefied natural gas exports will be 30% higher than the average for the past three years at an estimated 13.4 billion cubic feet per day, the Natural Gas Supply Association projected. "The (forecast) shows producers are rising to the challenge of strong winter demand for natural gas at home while meeting the critical needs of an under-supplied global market," said NGSA Chairman David Attwood.
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• Cheniere kicks off Corpus Christi LNG facility expansion
  Cheniere Energy on Tuesday held a groundbreaking ceremony to mark the start of the $8 billion Stage 3...
  Cheniere Energy on Tuesday held a groundbreaking ceremony to mark the start of the $8 billion Stage 3 expansion project at its Corpus Christi liquefied natural gas export facility in Texas. The project, expected to be completed in 2025, includes seven production units that will bring the plant's capacity to 27.55 million short tons per year and create 100 new jobs.
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• ☕️What Else is Brewing Friday Morning
  A judge gave Elon Musk until Oct. 28 to close his ...
  A judge gave Elon Musk until Oct. 28 to close his purchase of Twitter, delaying a trial that was supposed to start on Oct. 17. But a deal is still not an inevitability, since Musk and Twitter aren’t exactly seeing eye-to-eye on the fine print.
  
  Federal agents have gathered enough evidence to charge the president’s son, Hunter Biden, with tax crimes and making a false statement about a gun purchase, per the Washington Post.
  
  GOP Sen. Ben Sasse of Nebraska is expected to resign in order to become the president of the University of Florida.
  
  French writer Annie Ernaux won the Nobel Prize in literature.
  
  The MLB playoffs begin today. We’ll be watching the Phillies closely…
  
  
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for November delivery...
  Benchmark U.S. crude oil for November delivery rose 69 cents to $88.45 a barrel Thursday. Brent crude for December delivery rose $1.05 to $94.42 a barrel.
  
  Wholesale gasoline for November delivery rose 1 cent to $2.68 a gallon. November heating oil rose 17 cents to $3.86 a gallon. November natural gas rose 4 cents to $6.97 per 1,000 cubic feet.
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