Day: May 31, 2025

Trump Emergency Order Halts Second Power Plant From Closure: A Win for Energy Reliability

Energy News Beat In a bold move underscoring his administration’s commitment to American energy dominance, President Donald Trump has issued an emergency order to prevent the closure of a second power plant, the Eddystone Generating Station in Pennsylvania, operated by Constellation Energy Corp. This decision, announced on May 30, 2025, comes just days after a […]

OPEC+ Unwinds Output Cuts: Impacts on Member Countries, Global Oil Market, and U.S. Shale

Energy News Beat The Organization of the Petroleum Exporting Countries and its allies (OPEC+), which collectively produce about 48% of global oil, have begun unwinding a series of voluntary output cuts implemented since 2022. This strategic shift, led by key members like Saudi Arabia and Russia, aims to reclaim market share, address non-compliance among members, […]

Invest in Oil NOW Before Its Too Late – ENB Weekly Recap

Energy News Beat Weekly Daily Standup Top Stories Where Are Oil Prices Headed in 2025 and Beyond? Goldman Sachs’ Bearish Outlook Meets Rising Demand Well economics matters May 27, 2025 Clark Savage Source: The Crude Truth Substack Oil well economics matters at all times, but it has now become the difference between profitability and incurring a […]

Trump Doubles Down on Steel and Aluminum Tariffs: What It Means for Nippon-U.S. Steel and the Oil & Gas Industry

Energy News Beat On May 30, 2025, President Donald Trump announced a dramatic escalation in trade policy, doubling tariffs on foreign steel and aluminum imports from 25% to 50%. Speaking at U.S. Steel’s Mon Valley Works–Irvin Plant near Pittsburgh, Trump framed the move as a bold step to “further secure the steel industry in the […]

Office CMBS Delinquency Rate Re-Spikes to 10.6%, to Worst Levels of the Financial Crisis Meltdown

Energy News Beat It’s the older office towers that get in trouble amid a flight to quality. By Wolf Richter for WOLF STREET. The delinquency rate of office mortgages that have been securitized into commercial mortgage-backed securities (CMBS) re-spiked by 83 basis points in May and April and at the end of May reached 10.6%, the third highest […]

U.S. Oil and Gas Drillers Pull Back as Low Oil Prices Bite: Rig Counts Signal Caution

Energy News Beat As part of the Sandstone Teams services, we offer a review of oil and gas deals for our clients. We gain valuable insights into actual data points across various fields in the U.S. One key aspect is examining the well economics for each well and how it impacts the entire group or […]