by Jay Young | Nov 18, 2025 | Blog, Domestic Energy Insights, Education, Global Energy Insights, Oil & Gas, Oil Production, Supply and Demand
The new tax law has changed the energy investing landscape with expanded incentives and permanent tax benefits for oil and gas production. Now is a crucial time for investors to understand these changes. Is Oil and Gas right for your portfolio? (Image credit: Getty...
by Jay Young | Jul 23, 2025 | Blog, Domestic Energy Insights, Education, Global Energy Insights, Oil & Gas, Oil Production, Supply and Demand
The One Big Beautiful Bill (OBBBA), signed into law on July 4, 2025, brings important changes to taxes and energy policies. These changes are intended to stimulate and increase U.S. oil and gas production and create new opportunities for investors. If you invest in...
by Laura Black | Jul 11, 2025 | Oil & Gas News
In our Annual Energy Outlook 2025 (AEO2025), we project U.S. production growth of crude oil and natural gas remains relatively high through 2030 due to increasing U.S. exports of petroleum products and liquefied natural gas (LNG), as U.S. energy exports continue to be...
by Laura Black | Jul 9, 2025 | Oil & Gas News
California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures. If realized, the closure of the facilities is likely to contribute to increases in fuel price volatility on the West Coast.
by Jay Young | Jul 8, 2025 | Blog, Domestic Energy Insights, Education, Global Energy Insights, Oil & Gas, Oil Production, Supply and Demand
The oil and gas industry is going through one of the most significant evolutions in its history. We’re still in the business of exploring, drilling, and producing hydrocarbons—but the way we operate is changing fast. Across the board, oil and gas companies are turning...
by Laura Black | Jul 7, 2025 | Oil & Gas News
In 2024, the United States imported about 17% of its domestic energy supply, half of the record share set in 2006 and the lowest share since 1985, according to our Monthly Energy Review. The decline in imports’ share of supply in the previous two decades is...
by Laura Black | Jul 2, 2025 | Oil & Gas News
In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. energy consumption in 2024....
by Laura Black | Jun 30, 2025 | Oil & Gas News
According to our latest annual Refinery Capacity Report, U.S. operable atmospheric distillation capacity, the primary measure of refinery capacity, totaled 18.4 million barrels per calendar day (b/cd) on January 1, 2025-essentially flat compared with last year.
