(By Oil & Gas 360) Part II – As U.S. power markets move to reprice reliability, another shift is taking place: the role of oil and gas operators is being reconsidered in the context of grid stability. For much of the past decade, oil and gas have been viewed primarily through the lens of emissions and transition. That framing is
(Oil & Gas 360) By Greg Barnett, MBA – The modern American oil and gas system was not engineered in calm conditions. It was forged amid gasoline lines, collapsing banks, and geopolitical revolutions that redirected the flow of oil and power simultaneously. The 1973 oil embargo and the 1980s oil crash are usually treated as bookends of a turbulent era. They
(Oil & Gas 360) Part 1 – The U.S. power system is entering a period of adjustment that looks less like routine reform and more like a reset. The immediate catalyst is PJM Interconnection’s move to consider a broad overhaul of how its markets price and procure capacity, a signal that the existing framework is no longer aligned with
(Oil & Gas 360) By Greg Barnett, MBA – (Part 3 of 6) – Energy Demand does not grow in a straight line, and it does not respond neatly to narratives. It responds to Demand. Demand for rebuilding, stability, and the slow work of improving how people live. That reality is often missing from modern oil and gas commentary,
(By Oil & Gas 360) – A decade ago, Guyana wasn’t part of the global oil conversation. Today, it’s one of the most important new sources of supply in the world. Few countries have moved from discovery to production as quickly or as successfully. What started as a high-risk exploration play has become a case study in how modern oil development can
(Oil & Gas 360) By Greg Barnett, MBA – No oilfield on earth better illustrates the intersection of geology, law, capital markets, technology, and geopolitics than the Permian Basin. Spanning West Texas and southeastern New Mexico, the Permian today produces more crude oil than any basin in the world, exceeding the output of most OPEC member states and rivaling entire nations.
(Oil & Gas 360) – The Permian Basin has been written off before. Each time, it proved the opposite: it grew faster, produced more, and pushed U.S. oil supply to new highs. But today, the question isn’t whether the Permian is running out. It’s how much longer it can keep doing what it’s done for the past decade, and more importantly,
(Oil & Gas 360) By Greg Barnett, MBA – (Part 2 of 6)- For most of the modern history of oil and gas, supply was constrained by geology, technology, or access. Today, it is constrained by something far more durable: capital discipline. This is not a slogan. It is an observable shift in behavior that explains more about current market
(Oil & Gas 360) – Ending Terrorizing, Now Including Ending Its Funding, Needs Much More, Oil & Natural Gas, The Best When-Needed/Where-Needed Energy Sources. The rulers Of Iran, immensely prepared to battle to rule, needing intense effort to bring peace has us heading UP to a profitable, multi-year, oil & nat. gas Drilling Boom. Expectations, oil prices (Figure A) and nat. gas
(Oil & Gas 360) – The United Arab Emirates’ decision to exit OPEC after roughly six decades is one of the most consequential developments in the modern oil market, not because it alters global supply overnight, but because it exposes the structural limits of cartel governance in a world of diverging producer incentives. The move comes amid wider global fragmentation. Multilateral
(By Oil & Gas 360) – At first pass, the April 2026 EIA Monthly Energy Review reads almost uneventfully. U.S. energy production is high. Consumption is mostly flat. Prices are stable in real terms. Trade is positive. But that surface calm is deceptive. A comparison with the April 2016 Monthly Energy Review shows that today’s apparent equilibrium is the end
(By Oil & Gas 360) – Energy markets are moving beyond volatility into something more structural. This week, the story wasn’t just price swings or disruption — it was how prolonged instability is beginning to reshape economies, trade flows, and capital decisions. The longer the crisis persists, the more permanent the shifts become. THIS WEEK’S 5 HEADLINES THAT MATTERED 1.
