USA News Group News Commentary
Issued on behalf of Prairie Operating Co.
VANCOUVER, BC, July 23, 2025 /CNW/ -- USA News Group News Commentary – U.S. crude inventories continue to shrink despite efforts by the current administration to rebuild domestic stockpiles, with the latest EIA data showing a 3.9 million barrel decline. Earlier this year, the EIA projected strong domestic crude and gas production through 2030, even as OPEC now expects global oil demand to grow well beyond 2050, fueled in part by surging power needs from AI-focused data centers in the Middle East. In the U.S., President Trump's AI Action Plan is expected to accelerate investment into domestic energy sources—positioning select non-OPEC producers to benefit from the trend, including Prairie Operating Co. (NASDAQ:PROP), Ring Energy, Inc. (NYSE-American:REI), Amplify Energy Corp. (NYSE:AMPY), Matador Resources Company (NYSE:MTDR), and Obsidian Energy Ltd. (NYSE-American:OBE) (TSX:OBE.TO).
Read more at newswire.ca