Strategic Petroleum Reserve to get only 1 million barrels
10 Things You Should Know About Oil and Gas Today The Big Story The U.S. Department of Energy announced on Wednesday that it will buy only 1 million barrels of oil to add to the nation's Strategic Petroleum Reserve during this time of incredibly low crude prices. This move comes after...
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Here are the Top Dozen Oil & Gas stories for December 26, 2017, taken directly from the @GDBlackmon Twitter Feed: Waiting for the new year.: U.S. oil drilling rig count holds steady this week -Baker Hughes  Half of it goes out of the Port of Corpus Christi.:  U.S. #exports of crude...
January February 2018 Sean Strawbridge Featured in our Business Magazine
Here are the Top Dozen Oil & Gas stories for January 10, 2018, taken directly from the @GDBlackmon Twitter Feed: No surprise here at all.:  Florida Politics Overrule DOI's OCS 5-year Plan - We've Seen This Story Before via @forbes Why yes, yes they could.: Oil and gas deals in the...
Crude Oil Markets are Looking Up for a Change
10 Things You Should Know About Oil and Gas Today The Big Story Oil demand appears to be rising again, as the U.S., China and other nations around the world begin the process of re-starting their economies. Here's an excerpt from a report by World Oil Magazine: From the streets of San...
The Aramco attacks caught us off guard The rollercoaster ride really began on Sept. 14, when drones attacked an oil processing facility owned by Aramco, the state-owned oil company in Saudi Arabia. The fires took hours to extinguish, and parts of the facility had to be shut down for repairs....
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Here are the Top Dozen Oil & Gas stories for April 28, 2017, taken directly from the @GDBlackmon Twitter Feed:   #Superbasin: EIA: Permian Basin Oil Production and Resource Assessments Continue to Increase  Good piece here.: Riegel: How Louisiana lost a $10 billion plant  Why yes, yes they do.:  President Trump's First 100...
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Here are the Top Dozen Oil & Gas stories for May 31, 2017, taken directly from the @GDBlackmon Twitter Feed: Why yes, yes it could.: Permian oil play could flood the natural-gas market  via @WSJ Great question.: Why Do Federal Subsidies Make Renewable Energy So Costly? via @forbes Ugh.: Oil at 3-week...
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Here are the Top Dozen Oil & Gas stories for March 27, 2018, taken directly from the @GDBlackmon Twitter Feed: Congress fails again.:  Port Of Corpus Christi Moves Ahead In The Face Of Congressional Inaction via @forbes We've been here before.: Despite domestic oil boom, some students in Texas are hesitant...
Dominion and Duke Energy announced over the weekend that they have cancelled plans to complete the $8 billion Atlantic Coast Pipeline project.
What You Should Know About Oil and Gas Today The Big Story Dominion and Duke Energy announced over the weekend that they have cancelled plans to complete the $8 billion Atlantic Coast Pipeline project. The pipeline would have carried natural gas produced in the Marcellus Shale region across the Appalachian Mountains...
Reuters reports this morning that OPEC+ will indeed scale back its cuts to production and exports beginning on August 1, although deep cuts will remain in place at least through the end of 2020.
What You Should Know About Oil and Gas Today The Big Story Reuters reports this morning that OPEC+ will indeed scale back its cuts to production and exports beginning on August 1, although deep cuts will remain in place at least through the end of 2020. Reuters quotes Saudi oil minister Prince...