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Early reports from today’s OPEC meeting in Vienna indicate members and non-member countries are poised to agree on a nine-month extension for oil production cuts. Stratas Advisors Director of Energy Markets Jeff Quigley is in Vienna and reports that although a nine-month deal is likely, and Brent prices have risen as a result, don’t expect market uncertainty to be put to rest.
2023-12-05 - Despite a massive uptick in U.S. LNG exports since 2021, the Appalachia Basin remains a sleeping giant of production as politics, protests and litigation keep billions of cubic feet of natural gas cut off from world markets.
2024-02-06 - At a Congressional hearing, EQT CEO Toby Rice blasted the Biden administration and said the same tactics used to stifle pipeline construction—by introducing delays and uncertainty—appear to be behind President Joe Biden’s pause on LNG terminal permitting.
2023-12-13 - The East Daley Analytics webinar ‘Dirty Little Secrets’ forecasts instability over the mid-term as major changes come to most sectors of the oil and gas industry.
2024-01-04 - Analyst: More deals like Williams’ $1.95 billion acquisition of natural gas storage in Louisiana and Mississippi could be on the horizon as limited capacity becomes a challenge.
2024-01-11 - U.S. midstream and energy infrastructure has a mixed outlook for 2024, with a possible loss in demand and stronger focus on renewables offset by solid oil prices and a healthy midstream industry with pockets of growth.