Energy News Beat The huge spike, following the selloff, evokes further parallels with the Dotcom Bust and Financial Crisis crash, in the middle of which similar spikes occurred. By Wolf Richter for WOLF STREET. Stock prices now reflect what the President says, rather than anything else. Even AI mania or its fizzling no longer matter. Trump’s words – […]
Energy News Beat President Trump’s tariffs are creating some uncertainty in the United States oil and gas market and resulting in a price drop. Brent crude futures were trading at $69.90 per barrel on Thursday, the same day that Trump announced his sweeping tariffs, while West Texas Intermediate futures were at about $66, both down […]
Energy News Beat ENB Pub Note: This is not good for China, and I applaud President Trump for standing up to China and trying to rightsize the trade imbalance. While James Palmer at the Foreign Policy outlines several issues that China could retaliate on, I only have one or two that would impact the U.S. […]
Energy News Beat Houston, Dallas-Fort Worth, Austin, San Antonio: Even as sales plunge, vacant homes pile on the market that were held off the market during Covid. By Wolf Richter for WOLF STREET. The inventory of vacant homes is coming out of the woodwork in Texas, even as sales have plunged and buyers have lost interest. New listings […]
Energy News Beat Oil prices have crashed to their lowest point since 2021 due to the escalating US-China trade war. Analysts fear the trade war will lead to a global recession, significantly reducing oil demand. The oil price slump puts pressure on OPEC+, potentially leading to a reversal of their recent production increase. Crude oil […]
Energy News Beat ENB Pub Note: AI and data centers will have a profound impact on energy demand. Look for them to be built in Republican states with energy-friendly policies and near natural gas pipelines. And as of yesterday, near coal plants. That is a game changer, but it still does not change the fact […]
Energy News Beat AmericasContainers Port of Long Beach Port of Long Beach Donald Trump’s self-described next set of “explosive” tariffs are now in effect, including 104% on China, the world’s biggest exporter. Also on the list are 60 of what the American president described as the “worst offending” countries, who will face tariffs ranging from […]
Energy News Beat Matt Kenney, the head of Laureate Communications, warns readers on how Trump’s economic policies could sideswipe the most ambitious maritime transformation in a generation. Let’s begin with a truth so plain it should not require reiteration: President Trump’s tariff agenda is not a tantrum, nor a theatrical act of economic populism. This […]
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.
