Behind The Data – Details, episodes & analysis

In this episode of Energy Research Brief, we cover the following topics:

• My podcast, Energy Research Brief, is now live!
• Foundations of Energy: What we learn about the oil & gas industry from Doug Terreson’s Can’t Deny It
• Brand new data alert! Kimberlite just released its 2025 global drilling equipment and services report
• China is quickly electrifying its economy, but 12 other countries are even more electrified
• Happy Fourth! (with a goofy AI image)
• David Hasselhoff may be in Germany, but I’m big in Brunei
• US oil executives themselves admit we’re facing the opposite of “drill, baby, drill”

The easiest way to find Jeff is on LinkedIn at https://www.linkedin.com/in/jeffkrimmel/

You can also send him a note through the Krimmel Strategy Group website at https://krimmelsg.com/contact/

Foundations of Energy, Jeff's energy-focused strategy & finance newsletter is at https://foundationsofenergy.substack.com/

Finally, sign up to receive Jeff's free weekly newsletter here, which is the companion to what we discuss on this podcast: https://krimmelsg.com/free-newsletter/

In this episode of Energy Research Brief, we cover the following topics:

• The US power grid has seen waves of buildouts, from coal and nuclear, to natural gas, and now solar and batteries
• So far this year, stock prices for natural gas E&Ps and refiners are way up. Oilfield services? Not so much
• With oil prices down $10 per barrel, I’m curious if any E&Ps remade their hedge books
• The DNOW-MRC combination shows consolidation is reaching far beyond E&Ps
• As of this week, the number of US drilling rigs targeting oil is at nearly a four-year low

The easiest way to find Jeff is on LinkedIn at https://www.linkedin.com/in/jeffkrimmel/

You can also send him a note through the Krimmel Strategy Group website at https://krimmelsg.com/contact/

Finally, sign up to receive Jeff's free weekly newsletter here, which is the companion to what we discuss on this podcast: https://krimmelsg.com/free-newsletter/

This is the first episode of Energy Research Brief, a weekly podcast hosted by Jeff Krimmel, the owner of Krimmel Strategy Group (KSG). 

In this episode, Jeff explains what you can expect from this podcast, introduces himself and describes how he got into the energy research game, and invites you to offer feedback and suggestions to help guide the future of this podcast.

The easiest way to find Jeff is on LinkedIn at https://www.linkedin.com/in/jeffkrimmel/

You can also send him a note through the Krimmel Strategy Group website at https://krimmelsg.com/contact/

Finally, sign up to receive Jeff's free weekly newsletter here, which is the companion to what we discuss on this podcast: https://krimmelsg.com/free-newsletter/

In this episode of Energy Research Brief, we cover the following topics:

• The US refining footprint points to the Gulf Coast as a critical energy hub
• Foundations of Energy: Over time, the US power grid has seen waves of coal, nuclear, natural gas…and now solar
• With Kimberlite in mind, let’s talk about the strengths and weaknesses of voice of the customer data
• In a tough market, some OFS companies are expanding margins. Others? Not so much
• Forces are pushing US natural gas prices both up and down – and it all has to do with storage
• US drilling rig counts keep falling, but there’s a notable difference in oil vs. gas

The easiest way to find Jeff is on LinkedIn at https://www.linkedin.com/in/jeffkrimmel/

You can also send him a note through the Krimmel Strategy Group website at https://krimmelsg.com/contact/

Foundations of Energy, Jeff's energy-focused strategy & finance newsletter is at https://foundationsofenergy.substack.com/

Finally, sign up to receive Jeff's free weekly newsletter, which is the companion to what we discuss on this podcast: https://krimmelsg.com/free-newsletter/

In this episode of Energy Research Brief, we cover the following topics:

• I spent a day doing market-focused strategy work with Jereh’s Sales team
• Foundations of Energy: GE Vernova’s stock is booming as the world increasingly electrifies
• US crude oil and product inventories are rising and may soon set a four year-record
• Permian rig counts continue to fall, but the rest of the US has been resilient
• China's economy is slowing, with important impacts on global oil demand and oil prices

The easiest way to find Jeff is on LinkedIn at https://www.linkedin.com/in/jeffkrimmel/

You can also send him a note through the Krimmel Strategy Group website at https://krimmelsg.com/contact/

Foundations of Energy, Jeff's energy-focused strategy & finance newsletter is at https://foundationsofenergy.substack.com/

Finally, sign up to receive Jeff's free weekly newsletter, which is the companion to what we discuss on this podcast: https://krimmelsg.com/free-newsletter/

In this episode of Energy Research Brief, we cover the following topics:

• Halliburton is reducing prices and idling equipment as the OFS storm intensifies
• Baker Hughes plans to buy Chart. Is this the beginning of the end of Baker Hughes as an OFS company?
• Foundations of Energy: Oil prices and oil market fundamentals are telling different stories

The easiest way to find Jeff is on LinkedIn at https://www.linkedin.com/in/jeffkrimmel/

You can also send him a note through the Krimmel Strategy Group website at https://krimmelsg.com/contact/

Foundations of Energy, Jeff's energy-focused strategy & finance newsletter is at https://foundationsofenergy.substack.com/

Finally, sign up to receive Jeff's free weekly newsletter, which is the companion to what we discuss on this podcast: https://krimmelsg.com/free-newsletter/

In this episode of Energy Research Brief, we cover the following topics:

• SLB’s 2Q earnings show that OFS revenue headwinds have only gotten stronger
• China’s oil demand is plateauing – an important sign of how oil markets will change in the 2030s and beyond
• Foundations of Energy: Renewables met over half of the world’s new power needs from 2014 to 2024
• I’m taking part in an all-day OFS Sales team meeting this week, one of the most fun things I get to do at KSG
• Are oil markets oversupplied...or not?

The easiest way to find Jeff is on LinkedIn at https://www.linkedin.com/in/jeffkrimmel/

You can also send him a note through the Krimmel Strategy Group website at https://krimmelsg.com/contact/

Foundations of Energy, Jeff's energy-focused strategy & finance newsletter is at https://foundationsofenergy.substack.com/

Finally, sign up to receive Jeff's free weekly newsletter, which is the companion to what we discuss on this podcast: https://krimmelsg.com/free-newsletter/

In this episode of Energy Research Brief, we cover the following topics:

• US GDP may be growing faster than most folks think
• Kimberlite data show just how dynamic the North America land drill bits market really is
• Even with all the trade drama, Canada and Mexico supply a near-record fraction of US crude oil imports
• Foundations of Energy: New data show how the world’s use of fossil fuels is changing
• I talked with a Bloomberg reporter about 2Q oilfield service earnings

The easiest way to find Jeff is on LinkedIn at https://www.linkedin.com/in/jeffkrimmel/

You can also send him a note through the Krimmel Strategy Group website at https://krimmelsg.com/contact/

Foundations of Energy, Jeff's energy-focused strategy & finance newsletter is at https://foundationsofenergy.substack.com/

Finally, sign up to receive Jeff's free weekly newsletter, which is the companion to what we discuss on this podcast: https://krimmelsg.com/free-newsletter/