Energy News Beat 2024 was the worst year since 1995 for sales because prices are too high after the 50% spike in 2019-2022. By Wolf Richter for WOLF STREET. The market for resale homes has started to thaw just a little from its frozen condition as more buyers and sellers started getting used to the 7% mortgage rates, […]
Energy News Beat President Trump’s eased regulations and infrastructure investments aim to boost U.S. natural gas production and exports. Rising LNG exports and surging AI-driven electricity demand are creating new growth opportunities for American gas producers. Market forces, including domestic and international gas prices, will ultimately determine the scale of the U.S. gas production boom […]
Energy News Beat The world’s biggest crude oil exporter, Saudi Aramco, bought this week its first cargo of U.S. WTI Midland, the crude grade which is now part of the dated Brent benchmark, S&P Global Commodity Insights told Reuters. The Saudi oil giant, which is also the world’s biggest oil company, bought the cargo in the […]
Energy News Beat India has been granted permission to unload sanctioned Russian oil at its ports until February 27. The US sanctions have disrupted India’s access to cheap Russian oil, and Indian refiners are scrambling for alternative supplies. India will continue to buy Russian oil only if it meets certain conditions, including a price cap […]
Energy News Beat ENB Pub Note: We recommend following Andrew Korybko’s newsletter on Substack. He has an in-depth view of lots of geopolitical issues. Trump’s preference for sanctions and his latest threat to double down on secondary ones could derail India’s careful multi-alignment between the US and Russia by forcing it to choose between them. […]
Energy News Beat Those entering the US illegally will “face severe consequences,” President Donald Trump’s press secretary has said The US has begun flying hundreds of illegal immigrants back to their home countries after a nationwide wave of arrests, White House Press Secretary Karoline Leavitt announced on Friday. ”Deportation flights have begun,” Leavitt wrote […]
Energy News Beat The Kommersant columnist outlines what Donald Trump’s return means for Russia and the world The inauguration of Donald Trump as the 47th President of the United States is this week’s main news story, not only in America but also in domestic Russian politics. Though all eyes on that day were fixed on […]
Energy News Beat Former Ukrainian ministers, MPs, and judges will be reportedly allowed to swap prison time for military service Former top Ukrainian officials convicted of crimes will be allowed to apply for military service in exchange for parole, the Judicial and Law Newspaper reported on Friday, citing a government decree. Anyone who takes up […]
Energy News Beat It’s no secret that Germany’s economy is in crisis. What’s less obvious, and far more concerning, is why none of the major German parties are prepared to address what ails it. Just today, the economy ministry revised its economic outlook again. We’re now down to 0.3% growth in 2025 from the […]
Energy News Beat Donald Trump’s characteristically rambling speech at Davos yesterday touched upon many familiar themes: Europeans must ramp up defence spending; the EU and China should address their “unfair” trade surpluses with the US; and Russia’s “horrible” war in Ukraine needs to end. But one comment, in particular, stood out from the new […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
