Crude oil loadings across the U.S. Gulf Coast recovered last week, increasing by 1.4 MMb/d to 4.4 MMb/d — the second highest week since mid-March. This significant jump shifted the four-week moving average (dashed red line in chart below) to 3.8 MMb/d.

RBN estimates that the combined natural gas production of the equity partners in LNG Canada rose 0.72 Bcf/d in May to a record 2.11 Bcf/d (combined height of the rightmost colored bars in top chart below), 0.25 Bcf/d higher than a year ago, and edging out the previous record high set in February

For the week ending June 28, Baker-Hughes reported that the Western Canadian gas-directed drilling rig count rose two to 59 (blue line in left hand chart below) and one more than a year ago.

SM Energy said this week it will buy the majority interest in some oil and gas assets from private equity-backed XCL Resources, which will expand its operations into Utah’s Uinta Basin in addition to those in Texas.

Commercial electricity demand in the U.S. has increased significantly in the limited number of states experiencing rapid development of data centers while holding steady or declining elsewhere, according to new report by the Energy Information Administration (EIA). Overall U.S.