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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’

Remembering the Solemn Purpose of Memorial Day

Memorial Day is a federal holiday in the United States observed on the last Monday in May to honor and mourn U.S. military personnel who died while serving in the armed forces. The holiday traces its roots to the years immediately following the American Civil War (1861–1865), which caused massive casualties—roughly 620,000 soldiers dead, about 2% of the U.S. population at the time. Communities across the North and South began spontaneously decorating the graves of fallen soldiers with flowers, wreaths, and flags, a practice that gave rise to the original name: Decoration Day. On May 5, 1868, Major General John A. Logan, commander-in-chief of the Grand Army of the Republic (GAR)—a powerful Union veterans’ organization—issued General Order No. 11. This proclaimed May 30, 1868, as a nationwide “Decoration Day” to honor those who died in the Civil War. After World War I, the holiday expanded to honor all American service members who died in any war, not just the Civil War.  In 1968, Congress passed the Uniform Monday Holiday Act to create more three-day weekends for federal employees. This moved Memorial Day to the last Monday in May, effective in 1971, when it was also officially named “Memorial Day.” As one 1868 quote put it: “That Nation which respects and honors its dead, shall ever be respected and honored itself.”