Domestic Oil and Gas News: Week of December 29th, 2025

Written By Ryan Haggerty

Markets & prices

  • At the pump: AAA’s nationwide average sits at $2.83/gal (regular), down ~3¢ w/w. Diesel averages $3.55/gal. WSB-TV Channel 2 - Atlanta

  • Crude: Monday trade saw a bounce on geopolitics—WTI ~$57.4 and Brent ~$61.3 mid-day. (Intraday trackers show WTI ~$58 as well.) Reuters+1

Activity

  • Rigs: U.S. total 545 for the week to Dec 23 (oil 409, gas 127)—first uptick in three weeks; next print due Friday. Trading Economics

Supply, stocks & flows

  • EIA Weekly Petroleum: Next WPSR posts Dec 29 (prior report covered week ending Dec 12). EIA

  • Natural gas storage: EIA reported a −167 Bcf withdrawal for week ending Dec 12; 3,579 Bcf in storage (≈+1% vs 5-yr avg). ir.eia.gov

  • SPR refill: DOE awarded contracts for ~1.0 MMB to Bryan Mound with Dec–Jan deliveries; RFP specified U.S. sour crude. The Department of Energy's Energy.gov+1

Projects & LNG

  • U.S. LNG keeps winning offtake: Fresh long-term deals underscore Gulf Coast relevance—e.g., Woodside’s new BOTAS contract cites U.S. Louisiana LNG as a key supply source; Hungary also inked a five-year U.S. LNG deal this month. Reuters+2The Australian+2

State & regulatory

  • Texas CCS primacy live: EPA approved Texas Class VI primacy; the Railroad Commission of Texas is now the primary permitting authority—important for O&G-linked CO₂ sequestration. epa.gov+1

Ryan Haggerty
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Domestic Oil and Gas News: Week of December 15th, 2025