(Investing) – An oil pipeline operated by Plains All American in East Los Angeles, California, was shut down after a rupture, the company said on Friday. The line was struck by a third party conducting excavation work, the company added. It did not provide details on how much oil may have leaked or a timeline on when flows would be restored. The ruptured pipeline
(BOE Report) – U.S. underground natural gas storage capacity of the 375 active storage fields in the Lower 48 states increased in 2025, according to an annual report by the U.S. Energy Information Administration (EIA) on Thursday. The EIA uses two metrics to assess storage capacity: demonstrated peak capacity, which rose 0.1%, or 6 billion cubic feet (bcf), in 2025,
Natural Gas Inventories as of May 15, 2026 The EIA has released its natural gas inventory report, showing a net increase of 101 Bcf as of May 15, 2026. Working gas in storage was 2,391 Bcf as of Friday, May 15, 2026, according to EIA estimates. This represents a net increase of 101 Bcf from the previous week. Stocks were
(BOE Report) – Goldman Sachs said in a note on Tuesday that U.S. natural gas production is showing signs of price sensitivity as Henry Hub prices moved back above $3 per million British thermal units this week for the first time since late March. The bank sees the ongoing signs of U.S. dry gas production price sensitivity as the most
(Oil & Gas 360) – Freedom Of When/What/How To Work Has Us Heading To More Prosperity, With Profitable, Yet Affordable, Oil & Nat. Gas Prices Driving & Providing. Decision makers able to Do have today’s current month, closing crude oil futures price down at $101.02, down $11.93 from its April 7, $112.95 high. The Strait of Hormuz closing, with Operation Epic
(World Oil) – A bipartisan group of U.S. senators has introduced legislation aimed at preventing future presidential administrations from pausing or delaying liquefied natural gas (LNG) export approvals, drawing support from oil and gas industry organizations and energy workforce groups. The proposed LNG Export Security Act, introduced by Senators John Cornyn and John Fetterman, would amend the Natural Gas Act to strengthen protections for LNG
(Oil & Gas 360) By Greg Barnett, MBA – (Part 5 of 6)- Modern energy markets are not broken. They are optimized. Over the last decade, oil and gas have been reshaped by a single, dominant objective: capital efficiency. Excess capacity was punished. Idle inventory was criticized. Returns mattered more than buffers. The industry responded rationally by removing slack from
Natural Gas Inventories as of May 8, 2026 The EIA has released its natural gas inventory report, showing a net increase of 85 Bcf as of May 8, 2026. Working gas in storage was 2,290 Bcf as of Friday, May 8, 2026, according to EIA estimates. This represents a net increase of 85 Bcf from the previous week. Stocks were
(Oil & Gas 360) By Greg Barnett, MBA – (Part 4 of 6) – One of the persistent analytical errors in energy markets is treating oil and natural gas as variations of the same problem. They are not. They behave differently, clear differently, and respond to pressure in fundamentally different ways. Understanding that distinction matters more now than at any point
(World Oil) – The Independent Petroleum Association of America praised the Trump administration’s decision to rescind the Bureau of Land Management’s Conservation and Landscape Health Rule, arguing the move will provide greater regulatory certainty for independent oil and natural gas producers operating on federal lands. The rule, commonly referred to as the BLM public lands rule, had elevated conservation as a
(World Oil) – Africa’s next energy growth cycle will be driven less by new discoveries and more by the ability to build infrastructure, expand LNG capacity and monetize existing reserves, according to analysts participating in the State of African Energy 2026 Outlook webinar hosted by the African Energy Chamber (AEC) and S&P Global. Speakers throughout the webinar emphasized that deepwater developments, LNG infrastructure and
(Oil Price) – The processing capacity of the Habshan facilities, the biggest gas processing site in the United Arab Emirates, is expected to be restored to 80% by the end of 2026, after damage from the Iran war, ADNOC Gas said on Tuesday. The Habshan onshore facilities are part of one of the world’s largest gas processing plants, which is operated by ADNOC
