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Refiners Prep for Summer Driving Season

Here is a preview of what to watch this this week in the oil and gas markets. (The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) Inventories of U.S. gasoline and natural gas supplies will likely rank among some of the key focus areas this week in the oil and gas markets, according to one of Rigzone’s regular prognosticators. Keep reading for more details, along with a preview of other developments to watch for this week. Tom Seng, Director – School of Energy Economics, Policy and Commerce, University of Tulsa’s Collins College of Business: The market will be dissecting the Biden administration’s $2 trillion infrastructure plan, as well as assessing the likelihood of its passage in the U.S. Congress. The spread of COVID-19 variants and lockdowns in Europe will remain a concern for energy demand. And, U.S. refiners have just two months to store-up gasoline for the summer

Oklahoma Tribes, Oil & Gas Industry At Odds Over Historic Confirmation Of Interior Secretary

Oklahoma Tribes, Oil & Gas Industry At Odds Over Historic Confirmation Of Interior Secretary Rep. Deb Haaland made history as the first Native American to hold a cabinet position when confirmed by the U.S. Senate Monday as the Secretary of the Interior, a position with major impact on the energy industry as well as Native American tribes. Much of Oklahoma is not only tribal land, but also rich with oil and gas resources. Both tribes and fossil fuel industries have different opinions on how this nomination could impact the state. Experts tell News on 6 this nomination does not mean the end of drilling, but they say they do expect Haaland to show more constraint with the oil and gas industry.

Oklahoma Tribes, Oil & Gas Industry At Odds Over Historic Confirmation Of Interior Secretary

Oklahoma Tribes, Oil & Gas Industry At Odds Over Historic Confirmation Of Interior Secretary
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Mix of Factors Set to Clarify Natural Gas Demand Outlook

Here is a preview of what to watch in the oil and gas markets this week. (The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) Fallout from the recent Texas freeze, tight petrochemical feedstocks, and the loosening of coronavirus restrictions in the United States should contribute to a better understanding of natural gas demand in the months to come, according to two of Rigzone’s regular market-watchers. Read on for their explanations, along with other insights, in this installment of what to watch this week in the oil and gas markets.

Oilfield Services Stocks Show Resiliency

Here is a recap oil and gas market hits and misses for the week ending March 5, 2021. (The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) To borrow some expressions from the world of boxing, oilfield services (OFS) stocks this past year have sustained “body blows,” demonstrated that they are “down but not out,” and have become “contenders” in terms of market capitalization. Such is the message that one of Rigzone’s regular oil and gas market-watchers conveys, and he even uses some boxing terms of his own. Read on for his perspective, along with other insights about recent market developments.

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