Before you hit the road for the 4th of July weekend, get the real story on the US upstream oil & gas sector with Mark Roach on FutureWise Energy. Stability in energy is always fleeting—so what’s really happening as we cross into July 2025?
In this week’s recap:
Texas leads the way: 2,200 new jobs in May and 5,000 added year-over-year, signaling major confidence in the Lone Star State’s energy future.
Record US crude output: EIA projects 13.52 million barrels/day, driven by digital innovation and operational expertise.
Drilling activity cools: Dallas Fed reports Q2 contraction as tariffs and price swings force companies to adapt fast.
Global investment dips: Upstream spending expected to fall 4% this year—nimbleness is now a must.
Policy shifts: US lifts Syrian oil sanctions—minimal immediate impact, but global market dynamics are always in play.
Key trends: High turnover, deepwater investment, real moves in emissions tech, and easing Permian bottlenecks.
The message? Transparency and adaptability are the real currencies in today’s energy landscape. The winners are those who move before the crowd and adapt as the ground shifts.
Spot a sleeper trend or wildcard? Drop your thoughts in the comments!
For grounded, actionable energy insights, subscribe to FutureWise Energy. Change doesn’t scare us—complacency does.
Happy 4th of July from Mark Roach and the FutureWise Energy team!
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