(Oil & Gas 360) By Greg Barnett, MBA – The United States is producing more crude oil than any country ever has, rebuilding its emergency petroleum buffer, exporting record volumes of crude and fuels to allies, and still confronting stubbornly high gasoline prices at home. At the same time, it is asking producers to drill even more into a market where
(Oil & Gas 360) By Greg Barnett, MBA – Texas has LNG export terminals. Louisiana has many. The United States is now the world’s largest exporter of liquefied natural gas. Mississippi, despite its Gulf Coast location and long history with energy infrastructure, has none. At first glance, that absence appears anomalous. Mississippi sits between two LNG powerhouses, has access to major
(Investing) – U.S. Secretary of State Marco Rubio and European Union Trade Commissioner Maros Sefcovic signed a memorandum of understanding for a partnership on producing and securing critical minerals. The U.S. has been working to gain access to critical mineral reserves, particularly rare earth supply chains currently dominated by Chinese players. Rubio did not mention China in his remarks, but
(By Oil & Gas 360) – Louisiana didn’t just participate in the U.S. natural gas boom. It built the export engine that turned it global. A decade after the first cargo left Sabine Pass, the state is once again at the center of a new phase, one that looks less like a cyclical recovery and more like a structural resurgence of
(Oil & Gas 360) By Greg Barnett, MBA – For most of the modern energy era, the United States was viewed as a permanent importer of natural gas. That assumption collapsed in 2016, when LNG cargo Asia Vision departed Louisiana’s Sabine Pass terminal, marking the first large‑scale export of shale‑era U.S. natural gas. In less than a decade, the United States
(Investing) – WASHINGTON – Washington’s top derivatives regulator on Thursday reassured lawmakers that the United States will punish fraud as concern mounts on Capitol Hill that oil, stock and prediction market players are illicitly trading on inside information from the White House, according to prepared remarks seen by Reuters. The first congressional testimony by the current chair of the U.S. Commodity
(BOE Report) – The United States’ NATO allies said on Monday they would not get involved in President Donald Trump’s plan to blockade the Strait of Hormuz, further ratcheting up tensions within the increasingly fragile alliance. Trump said the U.S. military would work with other countries to block all maritime traffic in the waterway, after weekend talks failed to reach
(By Oil & Gas 360) – A quiet shift is underway in global energy, and it is increasingly centered in the Americas. From U.S. shale and LNG exports to Brazil’s offshore growth and Canada’s expanding export reach, the Western Hemisphere is moving from a regional supplier to a global stabilizing force. At a time when traditional supply routes are under pressure
(By Oil & Gas 360) – A fragile pause in Middle East hostilities is offering global energy markets a moment to breathe, even as underlying risks remain firmly in place. Recent diplomatic movement, reportedly supported by Washington and quietly reinforced by regional actors, has created a short window for de-escalation between Iran and its adversaries. Israel has signaled alignment with a
(Oil Price) – Hungary is expected on Tuesday to agree a $500-million oil supply deal with the United States during the visit of U.S. Vice President JD Vance in Budapest, a source with knowledge of the plan told Bloomberg. Vance arrived in Hungary’s capital city earlier on Tuesday, just days ahead of the general election in the country on April 12, in which Hungarian
(World Oil) – The U.S. carried out strikes near Iran’s Kharg Island early Tuesday, targeting military sites while avoiding key oil export infrastructure, as tensions in the region continue to inject volatility into global energy markets. U.S. forces hit bunkers, radar systems and ammunition storage facilities on the island, according to reports, in a renewed round of attacks similar to
(By Oil & Gas 360)- Global oil markets are no longer reacting to supply and demand; they are reacting to deadlines. With President Donald Trump declaring a final Tuesday deadline for Iran to strike a deal, tensions have entered a more binary phase: agreement or escalation. The ultimatum has raised the stakes not just diplomatically, but economically, as markets weigh
