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US Energy News
Gas Fell Below $4. The Slide Started in September.
Cheaper gasoline margins did the early work, then the Iran war trade took over. Here is what the numbers show about the election-timing theory, and why Thanksgiving still looks like a record. By Energy News Beat | As of Tuesday, Nov. 10, 2026, 7:30 AM CST Prices change daily. EIA’s Weekly Petroleum Status Report is […]
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Exploration & Production
Strathcona Resources to Acquire Greenfire Resources in C$2.7–2.9 Billion Deal, Creating a Long-Life Pure-Play Oil Sands Producer
Energy News Beat | November 9, 2026 Strathcona Resources Ltd. (TSX: SCR) has agreed to acquire all outstanding shares of Greenfire Resources Ltd. (TSX: GFR; NYSE: GFR) in a cash-and-stock transaction valued at approximately C$2.7 billion to C$2.9 billion, including Greenfire’s roughly C$550 million in net debt as of September 30, 2026.Strathconaresources The deal, announced […]
Exxon Wants More Permian Barrels. Chevron Wants More Cash. Families and Investors Need Both to Deliver.
Two oil giants are choosing different speeds in West Texas—not walking away from American energy. The real test is what survives the next price cycle. By Energy News Beat | Planned Sunday November 8, 2026 issue | Facts researched November 7, 2026 CST The family-budget question When you pull up to the diesel pump, you […]
Energy News Beat Weekly Rig Report – Comparing Baker Hughes, Enverus and WellDatabase for the Overall Market View
U.S. drilling activity remains firmly elevated on a year-over-year basis even as weekly moves stay modest. Baker Hughes’ traditional rotary count printed 604 active U.S. rigs for the week ending November 6, 2026 (up 1 week-over-week and up 56 from a year earlier). Oil-directed rigs reached 463 (+1) and gas-directed rigs 131 (+1). WellDatabase’s operator-level […]
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