Friday, September 18, 2026

Super Bowl 50: Why the Oil Industry Should Root for the Broncos

Ok, first for disclosures. Yes, EnerCom, Inc. and Oil & Gas 360® are based in Denver, Colorado. Yes, we’ve sampled Rocky Mountain Oysters at the games. Yes, we have a demonic 32-foot horse statue at our airport. And yes, one particular person at our office may or may not wear a barrel (and only a barrel) on Sunday in honor

Canada

Rig Count Falls 8% From Last Week

Oil rigs lead in the decline of the U.S. rig count The U.S. rig count continues to plummet as the price of oil remains in the low $30 range. The rig count took its biggest hit in the last year on a percentage basis, shedding 8% of the previous week’s total rig count. According to information from Baker Hughes (ticker:

Chinese LNG demand falls for the first time on record

From ABC News Chinese imports of liquefied natural gas (LNG) have fallen for the first time since the trade began 10 years ago. The US Energy Information Agency has reported that LNG imports declined 1.1 per cent in 2015. It is a further blow to Australia’s fledgling and struggling coal seam gas exporters who have spent more than $75 billion

Russia, China

Gazprom “Relaxed” About U.S. LNG

Deputy Chairman Medvedev says there’s no reason to start a price war with the U.S. Russia’s state-controlled gas giant Gazprom (ticker: OGZPY, Gazprom.com) has no plans to start a price war with the U.S. over natural gas in Europe, according to company deputy chairman Alexander Medvedev. “There is no need for us to launch any price war,” Medvedev told investors

Grady County Courthouse Packed with Landmen: Oil Boom Expected

From Fox 25 The oil and gas industry has seen better days. But, for one county here in Oklahoma there is hope. Grady County officials say they’re bracing for an oil boom. Just Wednesday, SandRidge Energy announced they would be cutting jobs. Inside the Grady County Courthouse on Thursday, it was packed. Dozens of landmen were looking through records, taking

OPEC prepares for its 171st meeting to decide on production cuts

U.S. Unemployment Falls Below 5%

U.S. unemployment continues to drop while oil and gas industry sheds jobs The U.S. economy added 151,000 jobs in January, according to the latest release from the Bureau of Labor Statistics. The additional jobs pushed unemployment below the 5% mark for the first time since February 2008, just before the collapse of Bear Stearns and the financial crisis. The job

Husky Energy Announces Short Term Hedging Plan

Husky Energy (HSE.TO) announced today that it has put in place a short term hedging plan for a portion of its oil production. Husky generally manages commodity price risk through its strong balance sheet and integrated business model, rather than financial instruments. The objective of this short term hedging plan is to support the delivery of the 2016 business plan