Honesty and politeness are in short supply. Imagine the worst of times in business. Did you think of 1929, the 1960s, 1973, 2001, 2008, or 2020, to name a few? Political upheaval and business uncertainty often go hand in hand. Throughout history, there have been heroes and villains, but hopefully the good guys prevail in […]
Garrett Golding: On Energy, Economics, and More in the Permian Basin
MIDLAND, TEXAS—In the first luncheon of 2026 for the Permian Basin Petroleum Association, invited speaker Garrett Golding, Assistant Vice President for Energy Programs at the Federal Reserve Bank of Dallas, addressed the PBPA’s membership on Feb. 19 in the banquet hall of this city’s Petroleum Club. Golding share his insights drawn from his work at […]
The Basin as Entertainment
Click here to listen to the Audio version of this story! If you’ve followed the Paramount Plus dramatic series Landman through two seasons now, I imagine you’ve begun to think of the characters as family. Dysfunctional family, to be sure, but family. The steady character development within the show is giving the series […]
Anatomy of an Independent
Click here to listen to the Audio version of this story! Usually, all the industry news is about the major operators, and sure, they are influencers and market makers. Beyond the spotlight, however, are a host of hard-working independent producers. Working together, independents actually produce about 83 percent of U.S. oil and 90 percent […]
“Back” to the Future!
Welcome to this month’s edition of Safety. Each year, regardless of anyone’s job description, whether white collar or blue collar, back injuries rank among the most prevalent suffered in the workplace. Each year there are more than two million back injuries. Eighty percent of adults suffer a back injury sometime in their lifetime, whether at […]
Finding Funding
Click here to listen to the Audio version of this story! In a time of extensive mergers and acquisitions (M&A), momentum reversals in energy transition, and other industry turmoil, oilfield service companies (OFS) looking to finance fleet upgrades or expansions face some headwinds. The good news is there are still many workable options available. […]
Ethics—Is It Still Necessary?
I am on my soapbox this month because I have watched several people in various generations either ignore ethical behavior or ignore it until they were reminded of the “right” way to do things. My question is: are there consequences for being unethical in 2025? Remembering the truth will always be easier than remembering the […]
Beyond the Bubble—An Environmental Reality Check
Click here to listen to the Audio version of this story! While there will always be pollution associated with hydrocarbon production, the Permian Basin is on the forefront of many technologies and operational practices that are reducing emissions at scale—innovations that often lead the way globally, even amid intense scrutiny. The Environmental Landscape: Hard […]
How Low Can Crude Oil Go?
The dip we’ve seen this past fall and winter in prices was “prophesied” some months previous. But has it been as bad as advertised—and what should Permian Basin decision-makers watch next? As January 2026 winds down, West Texas Intermediate (WTI)—the benchmark that matters most to Permian Basin operators and service firms—has certainly been soft, but […]
Oil production of about 500,000 b/d in U.S. offline Thursday in winter storm
London-based consulting firm Energy Aspects said Thursday about 500,000 barrels per day of crude oil remained offline in the U.S. because of winter storm Fern. U.S. oil production was forecast for 13.76 million b/d in January by U.S. Energy Information Administration, putting current outages at 3.6 percent of total output. Reuters said most of the […]
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