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• Enverus: Rising breakevens threaten US shale dominance
  Breakevens in the US shale patch could climb from roughly $70 per barrel...
  Breakevens in the US shale patch could climb from roughly $70 per barrel today to as much as $95 per barrel by the mid-2030s as prime acreage runs out, according to a new analysis by Enverus Intelligence Research. This shift is expected to flatten growth curves and diminish the nation's ability to meet global demand.
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• DAILY OIL PRICE: September 26, 2025
  Crude Oil: 65.72   (+0.74)....
  
  
  • Crude Oil: 65.72   (+0.74).
  
  
  • Nymex MTD AVG: 63.5114.
  
  
  • Natural Gas: 2.835   (-0.069).
  
  
  • Gasoline: 2.0376   (+0.0354).
  
  
  • Spreads: November/December (+0.58)     December/January (+0.41).
  
  
  • Plains WTI Posting: 62.20   (+0.74).
  
  

  
  Source: Odessa American
  
  
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• U.S. stocks end higher Friday to snap 3-day losing run, but book weekly losses
  U.S. stocks closed higher Friday, snapping three straight...

  U.S. stocks closed higher Friday, snapping three straight days of declines as investors parsed a reading on inflation from the Federal Reserve’s preferred gauge that was in line with Wall Street’s expectations.

  
  

  The Dow Jones Industrial Average rose 0.7%, while the S&P 500 gained 0.6% and the Nasdaq Composite climbed 0.4%, according to preliminary data from FactSet, at last check. All three U.S. equities benchmarks booked weekly declines, taking a breather after notching record peaks on Monday.

  
  

  For the week, the Dow fell 0.2%, the S&P 500 shed 0.3% and the technology-heavy Nasdaq Composite retreated 0.7%, the preliminary data from FactSet data showed.

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• Prospects improving for Alaska LNG project
  Energy Secretary Chris Wright said the US is negotiating with South Korean,...
  Energy Secretary Chris Wright said the US is negotiating with South Korean, Japanese and other Asian firms to invest in the $44 billion Alaska LNG project, designed to move North Slope gas to southern Alaska for export. He added the Trump administration will "probably" extend federal credit support to jumpstart the long-delayed project, with construction likely to start within a year.
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• Fed-preferred PCE gauge shows U.S. inflation rising — but not alarmingly
  The numbers: A key measure of inflation rose...

  The numbers: A key measure of inflation rose at a slightly elevated pace in August, but not enough to suggest much bigger increases tied to U.S. tariffs are on the way.

  
  

  The latest price report is likely to reassure top officials at the Federal Reserve that inflation is still relatively well contained despite an uptick since the spring, stemming in part from much higher U.S. tariffs.

  
  

  The PCE index, the Fed’s preferred inflation gauge, rose 0.3% in August, the Bureau of Economic Analysis said Friday.

  
  

  The Fed gives more weight to the so-called core price index that omits food and gas. It rose a somewhat slower 0.2% and matched the Wall Street forecast.

  
  

  The 12-month rate of inflation rose a tick to 2.7%, leaving it above the Fed’s long-term goal of 2%.

  
  

  The yearly rate of core inflation was unchanged at 2.9%. The core rate is a better predictor of future inflation.

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