PV UPDATE: Fracking Regulations and Economic Crosswinds

New York’s recent legislative maneuver to expand its fracking ban to include liquified carbon dioxide marks a significant development in the state’s approach to natural gas extraction. This decision not only underscores the evolving legislative landscape but also reflects a broader discourse on balancing energy needs with environmental stewardship. What is STEP energy and NINE energy up to? What are the Economic Headwinds for U.S., China and Europe. Find all of this in this latest update.

Enterprise Frac Spread Count Subscribers

Now have a Enterprise Resources area of their research portal, you can find this under Frac Hits! Shale Play additions to your Frac Spread Count Demand data are now live. Canada update in the works! You might see a partial update on your side, full update forthcoming.

Premium & Enterprise Subscribers

You Now have access to our full Frac Hits! – Including Frac Spread Count, Frac Job Count and Frac Index updated weekly!

Frac Spread Count Supply Update

Q1-24 earnings are in! An update to our profiles, excel output, emissions, electric spread numbers forthcoming!

1. Monday Macro View: Recession and Credit Cycles – Premium

In this week’s Monday Macro View we talk about New York’s latest update regarding its fracking regulations, it’s essential to consider the role of technological advancements in shaping a sustainable energy future. While environmental concerns are valid, the industry’s innovations offer a promising path towards mitigating these impacts.

2. STEP Energy Services’Perspective: Q4 Takeaways – PREMIUM

In our recent article, we have already discussed STEP Energy Services’ (STEP) Q4 2023 financial performance. Here is an outline of its strategies and outlook. STEP’s management continues investing in upgrading its diesel fuel frac spreads to Tier 4 dual fuel assets to reduce diesel consumption and improve technical capabilities. However, the company faces challenges from lower frac pricing and utilization. Find out more in this update.

3. Market Sentiment Tracker: U.S., Canada and Europe – Premium

As we dissect the market sentiment across three major economic territories, the picture is nuanced with both caution and optimism. In the United States, despite a headwind of potential inflationary pressures and a cautious Federal Reserve stance, there is a silver lining with projected annual real GDP growth edging up from 2.3% to 2.6%. Europe presents a checkerboard of economic conditions. While manufacturing struggles with a year-long decline, the services sector is picking up, indicating an uneven path to recovery. China’s scenario is equally complex.