The U.S. energy landscape is shifting again — this time with a strong signal from the top. The U.S. President has authorized the purchase of 1 million barrels of crude oil to begin refilling the Strategic Petroleum Reserve (SPR), marking the first symbolic step toward rebuilding the nation’s emergency stockpile. While modest in volume, the timing and message behind the move are powerful: America is betting on energy strength once again.

As Q3 2025 earnings season wraps, the tone from the “Big 3” oilfield service leaders—SLB, Halliburton, and Baker Hughes—paints a nuanced picture of the North American oilfield market. Together, they frame a region caught between efficiency and expansion, discipline and opportunity.

The 2025 Permian Basin International Oil Show (PBIOS), held at the Ector County Coliseum in Odessa, Texas, made one thing clear — the future of the oil and gas industry isn’t just being written by the supermajors. It’s being shaped by smaller, independent operators who are reinventing how production, investment, and innovation happen in America’s most productive basin.

Pittsburgh, PA: The EQT-led (NYSE:EQT) Mountain Valley Pipeline (MVP) joint venture has filed an application with the Federal Energy Regulatory Commission (FERC) seeking approval for its next growth phase, known as the “MVP Boost Project.”

Aclara Resources (OTCPK: ARAAF) announced plans to build a $277 million heavy rare earths separation facility in Louisiana, marking the first facility of its kind in the United States. The plant will process feedstock from Aclara’s clay deposits in Brazil and Chile, producing dysprosium and terbium—key minerals used in EV and wind turbine magnets.