Energy News Beat Federal Reserve Chair Jerome Powell today emphasized a cautious approach to monetary policy, stating the Fed is prepared to “wait and see” before adjusting interest rates, currently set at a range of 4.25% to 4.5%. Speaking at the Economic Club of Chicago on April 16, 2025, Powell underscored the Fed’s apolitical stance, […]
Energy News Beat “Uncertainties” rule. Wait-and-see amid inflation fears and slowing growth. By Wolf Richter for WOLF STREET. The FOMC voted unanimously today to keep the Fed’s five policy rates unchanged, for the fourth meeting in a row, after cutting by 100 basis points in 2024. Target range for the federal funds rate: 4.25-4.50%. Interest it pays the […]
Energy News Beat The U.S. energy market is reeling from a massive 11.5 million-barrel draw in crude oil inventories, one of the largest weekly declines in recent memory. Despite this significant tightening of supply, oil prices have remained surprisingly stable, with West Texas Intermediate (WTI) July contracts hovering around $71.88 after a brief spike earlier […]
Energy News Beat ENB Pub Note: This article from David Blackmon’s Substack is spot on – and RINOs are at it again… We need some huge primaries, and this is just disgusting. The RINOs in Congress, not David Blackmon. David is a true energy hero, and we recommend subscribing to his Substack: Is Oil […]
Energy News Beat Australia’s Woodside has signed a non-binding heads of agreement with Malaysia’s Petronas to supply the latter with liquefied natural gas (LNG) from its global portfolio. The deal may include supplies from Woodside’s Louisiana LNG project in the US. Under the deal, Woodside will supply Petronas LNG, a unit of Petronas, with 1 […]
Energy News Beat The country’s LNG imports decreased to 4.66 million tonnes last month compared to 4.87 million tonnes in May 2024. LNG imports also dropped compared to 5.37 million tonnes in the prior month and were the lowest this year. Is Oil & Gas Right for Your Portfolio? The ministry’s data previously showed that Japan imported 65.8 […]
Energy News Beat Data from the General Administration of Customs shows that the country received 4.84 million tonnes last month. This compares to 6.57 million tonnes in May 2024. During January-May, China imported 24.86 million tonnes of LNG, a decrease of 23.2 percent compared to the same period last year. Is Oil & Gas Right for […]
Energy News Beat ENB Pub Note: The following is from Robert Bryce’s Substack, and we highly recomend you subscribe. He has been on the podcast, and I trust his energy, leadership, and knowledge. This one is a great example of how Net Zero is a recipe for fiscal failure and deindustrialization. Is Oil & Gas […]
Energy News Beat ENB Pub Note: We have observed that governments have employed false flags in the past, and we must remain vigilant in monitoring all violent acts, responding only after careful consideration. Do not trust the news or “reports”. Take the Nord Stream pipeline as an example. Did the Ukrainian Seals take the sailboat, […]
Energy News Beat The Strait of Hormuz, a narrow waterway between Iran and Oman, is the world’s most critical oil chokepoint, handling roughly 20 million barrels per day (b/d) of crude oil, condensate, and refined products—about 20% of global oil supply and 25% of liquefied natural gas (LNG). With tensions in the Middle East simmering, […]
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.
