Oil heads warn of the American rock mutation

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Oil companies in the United States reduce and backward drilling platforms, as the Donald Trump tariff raised costs and retreats from crude price profits, prompting executives to warn of the end of a decade -long rock boom.

Surprising decisions from OPEC+ Cartel Pump more oil Depression has multiplied by correcting US oil, which raised fears of a new price war and pushed analysts to reduce production expectations.

“We are at the maximum alert at this stage,” Clay Gaspar, CEO of Devon Energy in Oklahoma City, told investors this month. “Everything is on the table and we move to a tougher environment.”

Oil production will decrease by 1.1 percent next year to 13.3 million barrels per day, according to the S & P Global Commodity Insights, as a prolific production. Oil rock The excavation that made the United States the world’s largest products in the world in the face of prices driven by fears of increasing the supply and commercial war of Trump.

This would represent this first annual decline in a decade, with the exception of the 2020 pandemic when the demand collapsed, which led to the collapse of oil prices to less than zero and sparked widespread bankruptcy in all states such as Texas and North Dakota.

Oil prices in the United States stabilized again on Friday, as it ended the week with $ 61.53 a barrel, a decrease of about 23 percent from the highest point this year. The rock producers need an oil price of $ 65 a barrel to break it, according to the semester survey conducted by the Federal Reserve in Dallas.

“The last word now is,” hang there, “said Herbert Vogel, CEO of SM Energy in Denver, at the Super Dug conference in Fort Worth.

The decrease in production will end in amazing operation in the United States, as the rock revolution has ever provided greater quantities of cheap oil and gas to operate the economy, increase the gross domestic product markets and labor markets, and increase the export of the country’s commercial balance.

High rock production also broke the United States dependent on foreign suppliers such as Saudi Arabia and other members of OPEC, while the White House was liberated to target exporters such as Iran, Russia and Venezuela with sanctions.

Trump’s promise to “launch” more drilling and production in an attempt to secure “energy dominance”. But production, which set a record under its predecessor, Joe Biden, can decrease more if prices persist in drowning.

“If the crude decreases to $ 50 a barrel, it is possible that US production will lose up to 300,000 barrels per day – more than the total output of some smaller OPEC members,” Sk. Sk. Sheevild, former president of Shale Driller Pioneer Natural Resources, told the Financial Times.

He pointed out that Rayada’s decision to pump more oil in recent months will be a direct threat to the share of American producers from the global market.

“Saudi Arabia is trying to restore its share in the market and may get it over the next five years,” Sheffield said.

A number of American wild oil panels, a scale of drilling activity, were 553 last week, a decrease of 10 since the previous week and 26 less than last year, according to Baker Fashion Services Baker Hughes.

Some big producers are already throwing jobs. Chevron and Ben Ben Ben are announced about 15,000 job reductions worldwide, although employment in the United States has so far in this sector has been relatively stable this year, according to the United States’ Labor Statistical Office.

The 20 best rock products in the United States, with the exception of Exxonmobil and Chevron, cut the budgets for capitalist spending for 2025 by about $ 1.8 billion, or 3 percent, according to Energy Research.

“As operators, we cannot control macro, but we can control how to respond,” said Vicky Holoub, CEO of Occidental Petroleum, who cut a number in the first quarter.

Many companies will reduce more if prices are $ 50 a barrel – Trump officials price She has indicated that would help tame inflation.

“In this environment, we drop the excavators and buy stocks,” said Travis Stayes, President and CEO of DiamondBack Energy. to caution Perhaps American oil production in the United States may have reached. “Every conversation I had is that this price of oil will not work.”

But other policies of the president are also shaking the sector. The tariffs raised steel and aluminum prices – the decisive inputs in correction of oil. The cover price, the minerals used in the classification of wells and the largest account to dig the well, increased by 10 percent in the past quarter.

“The economy will be challenged. We will see more capital declining with the advancement of profits,” said Doug Lollor, CEO of Continental Resources, one of the country’s largest private energy companies.

This will force companies to hit the gates further as it tries to keep the Wall Street investors happy by protecting the free cash flow to pay the share profits and pay the debt.

“You have to focus on profits, it is the sacred in this environment,” said Jim Rogers, a partner in Petrie Partners, a Houston Boutique Investment Company.