(By Oil & Gas 360) Month Ending: June 2026 – June marked a turning point for global energy markets; the month began with fears of war-driven supply disruptions and a potential closure of the Strait of Hormuz. By month’s end, markets had largely shifted toward pricing the reopening of shipping lanes and the return of supply. Yet beneath the falling
(Oil & Gas 360) By Greg Barnett, MBA – The first story was straightforward. The United States has largely solved its energy supply problem but remains exposed to global energy pricing. The second story followed naturally. In a world increasingly concerned with energy security, artificial intelligence, grid reliability, and geopolitical uncertainty, every barrel, molecule, and electron matters. The conclusion was simple:
(By Oil & Gas 360) – Artificial intelligence is often described as the next industrial revolution. What receives far less attention is that every industrial revolution eventually runs into the same constraint: infrastructure. The explosive growth of data centers has sparked a national debate over electricity demand, grid reliability, and rising energy costs. It is tempting to blame data
(Oil & Gas 360) By Greg Barnett, MBA – The June 2026 Monthly Energy Review confirmed something that would have been almost unimaginable a generation ago: the United States has largely solved its domestic energy supply problem. Oil production remains near record levels. Natural gas production remains abundant. Energy exports continue to balance a system capable of producing more energy than
(By Oil & Gas 360) – Energy markets continued shifting from crisis pricing toward normalization this week, but the transition remains uneven. Oil prices weakened as Hormuz flows improved and Saudi Arabia prepared to cut prices, yet shipping uncertainty, strategic reserve building, and new attacks kept risk alive. The market is no longer pricing full disruption, but it is not
(Oil & Gas 360) By Greg Barnett, MBA – A June 2026 Perspective on the Monthly Energy Review, the Short-Term Energy Outlook, and the Global Forces Behind Your Gasoline Bill. The June 2026 edition of the Energy Information Administration’s Monthly Energy Review (MER) arrives with remarkably little drama. U.S. energy production remains strong. Consumption remains relatively stable. Exports continue to
(By Oil & Gas 360) – The reopening of the Strait of Hormuz has brought a measure of relief to global energy markets. Tankers are once again moving through the world’s most important energy corridor, crude prices have retreated from their wartime highs, and traders have become increasingly optimistic that the worst of the disruption may be over. That optimism
(By Oil & Gas 360) – The oil market is entering a new phase of uncertainty. After months dominated by headlines surrounding the Iran conflict, the Strait of Hormuz, and fears of supply disruption, attention is shifting back toward fundamentals. Those fundamentals are delivering mixed signals, creating a market caught between tightening inventories today and growing concerns about oversupply tomorrow.
(By Oil & Gas 360) – For much of the modern energy era, executives, investors, and policymakers operated under a shared assumption that periods of disruption would eventually give way to a familiar pattern. Prices would rise, capital would flow into the sector, production would increase, and supply growth would ultimately restore balance. Markets might experience volatility along the way, but
(By Oil & Gas 360) – The next great American oil boom may not come from discovering a new basin. It may come from recovering more oil from fields that have already been producing for decades. For more than a century, the U.S. oil industry has focused on finding new resources. From the giant conventional fields of Texas and California to the
(Oil & Gas 360) By Greg Barnett, MBA – Devon Energy’s merger with Coterra Energy may represent the company’s most consequential strategic shift in more than a decade, but reinvention is hardly new for Devon. Over the past thirty years, the company has repeatedly reshaped itself alongside changing commodity cycles, basin economics, and investor preferences. The newly combined Devon
(Oil & Gas 360) – This week marked a notable shift in market sentiment. For months, energy markets were focused on disruption, conflict, and supply risk. Now, attention is turning toward reopening trade routes, restoring production, and assessing whether the world is moving from a supply crisis toward a period of greater abundance. Prices moved lower, but capital continued flowing
