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US House Budget Bill Seeks More Than $1.5 Billion for Strategic Petroleum Reserve

A U.S. House committee released a budget proposal that includes more than $1.5 billion to replenish and maintain the Strategic Petroleum Reserve, and cancels a congressionally mandated sale, following huge sales from the facility in 2022. The proposal from the House Energy and Commerce Committee released late on Sunday contains $1.32 billion to purchase oil …

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California Drivers Are Paying Up as Refineries Disappear

Governor Gavin Newsom’s latest outreach to the Golden State’s oil companies may be too late to arrest a steady decline in gasoline production. By Nathan Risser Californians are accustomed to paying the highest gasoline prices in the US. That trend likely will continue because of the state’s reliance on a dwindling fleet of oil refineries. …

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Blackstone Is in Talks for New Mexico Utility Owner TXNM

By David Carnevali, Ryan Gould, and Dinesh Nair Blackstone Inc. is in talks to acquire TXNM Energy Inc., the owner of New Mexico’s largest utility, according to people familiar with the matter. The private equity firm’s infrastructure arm, Blackstone Infrastructure Partners, has emerged as the likeliest buyer of TXNM after other suitors dropped out of …

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Iran is Preparing for Russian President Vladimir Putin to Visit, Tehran Says

Iran is preparing for a visit by Russian President Vladimir Putin, Iran’s government spokesperson Fatemeh Mohajerani was quoted by Russia’s state RIA news agency as saying on Monday. “Putin’s trip to Tehran is currently being worked out, preparations are underway,” Mohajerani was quoted as saying by RIA. There was no immediate comment from the Kremlin. …

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FREE Pandell Leadership Series Webinar: Land Management Pitfalls & Trends

Join us for an insightful webinar designed specifically for land management professionals, featuring our guest speaker Matt Kopycinski, Manager Land Services from EY.  We’ll delve into the evolving landscape of land management. This session will provide valuable knowledge and practical advice to help you stay ahead in this dynamic field. Key Topics: Industry Trends Challenges …

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Why Reducing Your Marketing During Times of Uncertainty is a Bad Idea – It’s Not the TIme to Disappear, It’s the TIme to Stand Out!

When uncertainty strikes—whether it’s due to economic downturns, global events, shifts in your industry or the recent threat of tariffs—the knee-jerk reaction for many businesses is to cut costs, and marketing budgets are often the first to get slashed. On the surface, this might seem like a smart move: conserve cash, protect the bottom line, …

Why Reducing Your Marketing During Times of Uncertainty is a Bad Idea – It’s Not the TIme to Disappear, It’s the TIme to Stand Out! Read More »