Saturday, June 7, 2025

Fracers Can Reap the Oil Rally – If They Ignore It

From Bloomberg We are a couple of weeks away from earnings season kicking off in the oil patch. Might this be when fracking stocks catch up to oil prices? It will depend largely on how hard fracking companies try to catch up to oil prices. Oil prices have risen more than half since their late-2018 slide bottomed out on Christmas Eve. Exploration and production

Trump Said to Seek Limit on State Power Over Pipelines

From Bloomberg Developers have been trying for six years to build a 124-mile natural gas pipeline from Pennsylvania to New York. Despite winning a federal approval in 2014, the project is still no closer to reality. Enter President Donald Trump, who on Wednesday is poised to issue an executive order to promote projects like the long-stalled Constitution Pipeline, according to

Drilling Slowdown Challenges, Invigorates Oilfield Service Providers -Oil & Gas 360 -gastar oklahoma double pump

Goldman Says for a Peek Into Oil’s Future, Go Back to 1990s

From Bloomberg The future of the oil market may resemble the past — specifically the 1990s — according to Goldman Sachs Group Inc. That’s when prices remained steadily in backwardation, a market structure where near-term futures are costlier than later contracts — reflecting tight supplies in the present and ample barrels further out, analysts including Damien Courvalin wrote in an