🔥“Top Oil & Gas Questions Answered: Prices, Layoffs, LNG, NOG & Valves – The Valve Guy Has You Covered”

🔥“Top Oil & Gas Questions Answered: Prices, Layoffs, LNG, NOG & Valves – The Valve Guy Has You Covered”🛢️ OG Oil Gas Energy News – May 29, 2025-Oil Prices, LNG, Valves, Federal Cuts & NOG Stock – OG Oil Gas News by The Valve Guy

🔍 Market Watch: What’s Driving Oil & Gas Prices Today?

📊 [ Oil and NatGas Price Movement – May 28]

• Brent up 1.42% to $65/bbl

• WTI up 1.77% to $61.97/bbl

• Why?:

  • OPEC+ holding output steady

  • Chevron banned from exporting Venezuelan crude

  • Geopolitical risks (sanctions, supply fears)

  • Anticipation of OPEC+ July hike discussion

• Natural gas saw a 6% drop on contract expiration day

• July futures down 4.6% to $3.57/mmBtu

• Key reasons:

  • LNG flow cuts (Freeport LNG downshift)

  • Lower storage builds than expected

  • Hotter weather forecast = early price spike, then drop

Commodity

Resistance Levels

Breakout Targets

WTI

$61.35, $62.12

$63.01, $63.86

Brent

$64.29, $64.48

$65.27, $66.59

NatGas

$3.742, $3.800

$3.954, $4.077

• Low storage builds = price spikes

• Surprise reports (like +99 bcf vs +120 forecast) shake markets

• LNG flow data + weather forecasts drive short-term trends
  ✅ Smart tip: Weekly EIA/API storage reports are key trading signals

• 60,000+ workers laid off, more taking buyouts

• Agencies affected:

  • DOE, Interior, Loan Programs Office (LPO)

• Consequences:

  • Delayed IRA/IIJA funds

  • Slowed Hydrogen Hub rollout

  • Weaker nuclear oversight

⚠️ At Hanford nuclear site, waste handling is delayed due to staff loss.

• Trump signed 4 new orders supporting advanced nuclear energy

• Advocates push for faster permitting and federal support

• Chevron can’t export Venezuelan crude

• Contracts canceled, but staff remains

• Gulf Coast refineries face feedstock disruption

• Strategy: Retain assets without export risk

• Q1 EPS: $1.33 (beat)

• Revenue: $602M (+52% YoY)

• Market Cap: $2.66B

• Dividend Yield: 6.67%

• Buyback Approved: $100M (3.6% of shares)

📊 NOG Stock Performance YTD vs Peers]

🔥 Q: Why are oil prices rising right now?🔥 Q: What’s going on with natural gas prices?📊 Technical Snapshot:🧪 How Do Storage Numbers Affect Natural Gas Prices?🏛️ Policy Power Moves: How Are Layoffs Impacting Energy?❓ Q: What is the impact of federal layoffs on clean energy?🇺🇸 Executive Orders:🛑 Googled Q: What does Chevron's Venezuela pullout mean?💹 Company Spotlight: Is NOG Stock a Buy Right Now?📈 Northern Oil and Gas, Inc. (NOG) Quick Stats:🧠 Googled Q: Is NOG stock worth investing in?

• Consensus rating: “Hold”

• Target price: $39.67

• Insider activity: Strong (CEO and Director added shares)

• Ownership: 98.8% institutional

💡 Smart move for dividend-focused investors, but others may find better risk/reward elsewhere.

🔧 Tech Tracker: What’s the Newest Oilfield Valve Tech?🛠️ Spotlight: KOP AM20 Series Gate Valves by SPM Oil & Gas

• Seal from 50 psi to 10,000 psi

• Advanced coating = corrosion-resistant

• 600+ cycles without grease = 60+ year life

• Passes API fire/sand tests

• Reduced NPT, less inventory needed

• 50% lower maintenance cost

• High pressure performance + interchangeable parts

📊 KOP AM20 vs Legacy Valve Designs]The KOP AM20 Series Gate Valve by SPM Oil & Gas offers significant advancements over traditional or "legacy" valve designs in the oil and gas industry. These improvements translate into enhanced performance, durability, and cost efficiency.

Here's a comparison:

❓ Googled Q: What’s the latest in valve technology for oil & gas? Visit OGOILGASENERGYNEWS.com To Read More.