Updated on February 3, 2025
This State of the National Oil & Gas Industry report aims to provide a comprehensive analysis of transportation and logistics for the oil & gas industry, shedding light on its key drivers, trends, and emerging technologies. By examining the current landscape and forecasting future developments, we seek to equip executives, industry managers, and stakeholders with valuable insights to navigate the ever-evolving logistics landscape.
Highlights for the oil & gas report include:
- The FOMC may become more hawkish in 2025 and pause interest rate reductions due to inflation uncertainty.
- Domestic oil production set yet another all-time high in December, but fell short of initial expectations.
- Crude oil prices have been volatile throughout January due to both winter weather and tariff risks.
- Crude stocks in Cushing, Oklahoma are near operational lows, creating a new challenge for the oil and gas industry.
- 2025 predictions show an increase in production, but prices coming under some pressure during the year.
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