Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
5/14/2025 (P&GJ) — Tallgrass has secured anchor shipper precedent agreements for a proposed pipeline that will move natural…
American Oil Industry Faces Challenges as Crude Prices Decline – News and Statistics
May 7, 2025 The American oil industry faces a challenging period as executives express concerns over declining crude…
Shale Major Sees U.S. Oil Production Peaking
Onshore crude oil production in the United States has peaked, Diamondback Energy has said, expecting output to start…
Phillips 66 to Build 300 MMcf/d Gas Processing Plant in Permian
4/29/2025 By Mary Holcomb, Digital Editor (P&GJ) — Phillips 66 plans to expand its midstream operations with the…
Lower Oil Prices Threaten Permian Basin Growth
By Rystad Energy – Apr 14, 2025, 4:00 PM CDT
US oil producers are struggling to defend…
U.S. crude production rose by 2% in 2024, mostly from Permian, EIA finds
U.S. crude oil production grew by 270,000 barrels per day (bpd) in 2024 to average 13.2 million bpd,…
U.S. Onshore Oil Production Faces Economic Policy Challenges
US oil and gas operators have encountered an avalanche of economic policy changes from the Trump administration over…
4 Reasons to Buy, 3 Reasons to Wait
Occidental Petroleum Today OXY Occidental Petroleum $37.88 -0.02 (-0.05%) As of 01:16 PM Eastern 52-Week Range$34.79 ▼ $69.44 Dividend…
Texas shale industry voices frustrations with Trump as oil prices tank
(Bloomberg) – The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t…
Trump’s Tariffs Are a Catastrophe for Oil
President Donald Trump campaigned on a promise to “drill, baby, drill” and help the American oil and natural…
US oil producers face new challenges as top oilfield flags
By Shariq Khan and Georgina McCartney NEW YORK/HOUSTON (Reuters) – U.S. oil producers are grappling with geological limits…
U.S gasoline prices rise: Your gasoline bill could soar as U.S oil drillers produce more water and gas and less oil from oilfields
U.S. oil producers are grappling with a new crisis — the Permian Basin, which drove America’s shale boom,…