by Laura Black | Jun 23, 2025 | Oil & Gas News
In 2024, about 20% of global liquefied natural gas (LNG) trade transited the Strait of Hormuz, primarily from Qatar. The strait is a critical route for oil and petroleum products as well.
by Laura Black | Jun 23, 2025 | Oil & Gas News
During summer 2025, from June through September, residential customers in the United States can expect average monthly electricity bills of $178, a slight increase from last summer’s average of $173. We expect a slight decrease in consumption, driven by cooler...
by Laura Black | Jun 20, 2025 | Oil & Gas News
The United States continued to produce more energy than it consumed in 2024. This surplus energy production helped energy exports grow to a record high 30.9 quadrillion British thermal units (quads) in 2024, up 4% from 2023. Energy imports stayed flat at 21.7 quads in...
by Laura Black | Jun 18, 2025 | Oil & Gas News
We forecast U.S. ethane exports will decrease by 80,000 barrels per day (b/d) this year and by 177,000 b/d in 2026 in our June Short-Term Energy Outlook because of new licensing requirements for U.S. exports of ethane to China. Any policy changes that relax licensing...
by Laura Black | Jun 16, 2025 | Oil & Gas News
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The strait is deep enough and wide enough to handle the world’s largest crude oil tankers, and it is one of the world’s most important...
by Laura Black | Jun 13, 2025 | Oil & Gas News
Underground working natural gas storage capacity in the Lower 48 states increased in 2024 according to our latest data. We calculate natural gas storage capacity in two ways: demonstrated peak capacity and working gas design capacity. Both increased in 2024....
by Jay Young | Apr 10, 2025 | Blog, Domestic Energy Insights, Global Demand, Global Energy Insights, Oil & Gas, Oil Production, Supply and Demand
As an experienced investor in the oil and gas industry, I can confidently say that one of the biggest advantages of investing in this sector is the significant tax benefits available. If you’re considering oil and gas as part of your investment strategy, the U.S....
by Jay Young | Mar 12, 2025 | Investing, Oil & Gas, Tax Savings, Taxes, The Upside
Newsletter No. 86 Good afternoon, It is Thursday, October 10, 2024 and here is another edition of The Upside where I bring you the latest updates on the oil and gas industry, including what’s happening here at King. This Week’s Headlines Natural Gas Power...
by Jay Young | Mar 12, 2025 | Investing, Oil & Gas, Tax Savings, Taxes, The Upside
Newsletter No. 85 Good afternoon, It is Thursday, October 3, 2024 and here is another edition of The Upside where I bring you the latest updates on the oil and gas industry, including what’s happening here at King. This Week’s Headlines Chevron-Hess Merger...
by Jay Young | Mar 12, 2025 | Investing, Oil & Gas, Tax Savings, Taxes, The Upside
Newsletter No. 84 Good afternoon, It is Thursday, September 26, 2024 and here is another edition of The Upside where I bring you the latest updates on the oil and gas industry, including what’s happening here at King. This Week’s Headlines Insurers State Farm...
