Saturday, June 20, 2026

U.S. Oil Companies Crank Up Production in Gulf of Mexico

From The Wall Street Journal: Oil companies are pumping more crude off the U.S. coast in the Gulf of Mexico, a surprising trend that shows the resilience of the nation’s energy industry. Despite the worst price downturn in a generation, so much oil is starting to pour forth from offshore fields near Louisiana and Texas that it is partially offsetting

Power output in Alberta oil sands near pre-fire levels

From Reuters: The amount of power generated by cogeneration electric plants around the fire-ravaged town of Fort McMurray in Alberta, Canada, climbed near levels seen before wildfires forced oil sands producers to shut their facilities in May. Analysts look to the rising output from the cogeneration plants as a precursor to an increase in production from the oil sands facilities.