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Dallas Fed Survey: War Uncertainty Capping Firms’ Ambitions by Geert De Lombaerde

William Attardi on March 27, 2026

Seven out of 10 oil-and-gas executives surveyed by the Federal Reserve Bank of Dallas think the price of a barrel of West Texas Intermediate (WTI), which flirted with $100 in the last 2 weeks, will finish 2026 below $80. But with the war with Iran “wreaking havoc” in commodity markets, most firms aren’t rushing to overhaul their 2026 production plans.Fed researchers’ quarterly survey of industry players from about 130 companies in Texas and parts of Louisiana and New Mexico showed that the average WTI price forecast for year-end is around $74. That’s up significantly from the $62 outlook from 3 months ago and well below the roughly $94/bbl at which WTI was being priced during the Fed’s survey period earlier this month. At $74, WTI would also be at a price high enough for most production to be profitable. Executives are more positive about the mid- and longer-term price outlook for natural gas than they are for oil. Dallas Fed survey: War uncertainty capping firms’ ambitions | Oil & Gas Journal

For more details from the survey, click here.

NAED Attends “Unleashing Alaska”

William Attardi on November 7, 2025

The event titled “Unleashing Alaska,” touched on recent Trump Administration efforts to unleash vast oil, gas, and mineral extraction in the state, and forward-looking efforts to craft durable policy by codifying permitting reform through efforts like the SPEED Act, which NAED supports. According to Citizens for Responsible Energy Solutions (CRES), today’s permitting bottlenecks have been estimated to delay $1.5 trillion in projects that are awaiting final approval.  Further, these delays are responsible for a 30% increase in construction costs for developments and $140 billion in lost annual revenue. These efforts, combined with broad-based permitting reform, have the potential to have significant impacts on America’s capacity to extract more oil, natural gas, and minerals in the future. NAED Attends “Unleashing Alaska” – electrifiED

Energy Department Proposes to Cut 47 Rules in ‘Largest Deregulatory Effort in History’ by Rachel Frazin

William Attardi on May 13, 2025

 The Energy Department plans to ax a long list of efficiency regulations, including those pertaining to stoves, ovens, showerheads, clothes washers, dishwashers and microwaves. The rules also apply to a smattering of other policies ranging for guidelines under which the department buys oil for the Strategic Petroleum Reserve to nondiscrimination requirements for grant recipients. Energy Department proposes to cut 47 rules in ‘largest deregulatory effort in history’

Happy St. Patrick’s Day—whether you’re going fact or legend, it’s a great excuse to celebrate!

St. Patrick is a mix of solid historical fact and popular myth/legend that grew over centuries. He was a real historical figure—a British-born missionary (likely from what is now Scotland or northern England/Wales area) who lived in the 5th century (roughly 385–461 AD). His birth name was probably Maewyn Succat, and he became known as Patricius (Patrick) later. He wrote two surviving documents: his Confessio (Confession) and a letter to Coroticus, which are the main primary sources about his life. These confirm he was kidnapped by Irish raiders as a teenager, enslaved in Ireland for about six years (herding sheep), escaped, trained for the church, and returned as a missionary bishop to convert the Irish to Christianity. He wasn’t the first Christian in Ireland—some communities already existed—but he’s credited with major missionary work and is the patron saint of Ireland.

Many beloved St. Patrick’s Day traditions and stories are myths or later embellishments: Myth: He drove the snakes out of Ireland. Completely legendary. Ireland has had no native snakes since the last Ice Age (about 10,000+ years ago)—the post-glacial island was isolated, and snakes never recolonized it. The “snakes” story symbolizes driving out paganism or “evil”  but it’s not historical. Myth: He used the shamrock to explain the Holy Trinity. This is a charming story, but it doesn’t show up in Patrick’s own writings or early biographies. While the shamrock (a three-leaf clover) became a symbol of Ireland and St. Patrick’s Day, the Trinity analogy is probably a later invention. Myth: St. Patrick was Irish by birth. No—he was Romano-British, captured and brought to Ireland against his will. Other common myths: Green wasn’t always the color associated with him or the holiday; massive parades and “wearing of the green” became big in America first; he didn’t drink green beer or eat corned beef and cabbage, those are more modern Irish-American traditions. In short: The man himself is fact—a brave, devout missionary who helped spread Christianity in Ireland. But many of the fun, magical tales attached to him are myths.

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