Thursday, July 16, 2026
The Shale Boom in the Permian Is Slowing Down - 360

The Permian Oil Boom Is Showing Signs of Overheating

Shortages of sand, pipelines, and manpower could jeopardize America’s future as an energy superpower At 10:30 p.m. on an 85F August night in Penwell, in West Texas, a 69-year-old repairman is hammering away at the frame of an 18-wheeler in the forecourt of an abandoned truck stop. The song Free Bird by Lynyrd Skynyrd blares from the radio. “I’m making

The ‘Biggest Change in Oil Market History’ is Less Than Six Months Away

From CNBC Tens of thousands of ships sailing the world’s oceans burn more than 3 million barrels of sludge-like high-sulfur fuel every single day. But, starting next year, the shipping industry will have to comply with rules that should dramatically reduce sulfur emissions.  “It is the biggest change in oil market history,” Steve Sawyer, senior analyst at energy consultant Facts Global Energy,

Iran Says it Aided Foreign Oil Tanker in the Strait of Hormuz

From The Washington Post Iran says it came to the assistance of a foreign oil tanker that broke down in the Strait of Hormuz, as international concern mounted over the fate of an Emirati-linked ship that went missing in Iranian waters four days ago.  Iran’s Foreign Ministry spokesman, Abbas Mousavi, said the tanker was approached by Iranian forces after sending a distress call and