In an era where global leaders and environmental advocates push aggressively for Net Zero emissions by 2050, the reality on the ground tells a starkly different story. Oil and gas production are not just holding steady—they\’re booming. Major producers like the UAE, Iraq, Saudi Arabia, Brazil, Guyana, and even Norway are ramping up output, with […]
Continue ReadingThis article is from Andrew Korybko\’s Newsletter on Substack. He sent it to me, and after reviewing it, I think he is right. President Trump\’s domestic advisers are on fire, on target, and executing his plan. It is very clear that the Trump Adminstration\’s advisors leading the Russian / Ukraine conflict are totally uninformed and […]
Continue ReadingIn a move highlighting the vulnerabilities in the U.S. oil supply chain, ExxonMobil has secured a loan of up to 1 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to address quality issues with Mars crude, a key Gulf of America oil grade. This borrowing aims to prevent potential disruptions at the company\’s […]
Continue ReadingAs the global energy market navigates geopolitical tensions, Russia\’s crude oil shipments have shown a notable rebound in recent weeks, even as the shadow of potential new U.S. sanctions looms large. With President Donald Trump issuing a stark ultimatum tied to the ongoing Russia-Ukraine conflict, the implications for Russia\’s oil and liquefied natural gas (LNG) […]
Continue ReadingIn an era where headlines often trumpet the impending demise of fossil fuels, the reality on the ground tells a different story. Global oil consumption shattered records in 2024, climbing to 101.8 million barrels per day (bpd), a 0.7% increase from the previous year and marking an all-time high. This surge, primarily driven by non-OECD […]
Continue ReadingIn a bold move that could reshape global energy markets and geopolitical dynamics, President Donald Trump has issued a stark ultimatum to Russia amid the ongoing conflict in Ukraine. Drawing from recent reports, Trump has threatened to impose 100% secondary tariffs on Russia if the war does not conclude within 50 days. This announcement, made […]
Continue ReadingIn the high-stakes world of global energy, Saudi Aramco finds itself trapped in a precarious position under the oil price policies of U.S. President Donald Trump. Trump\’s administration has long advocated for a tightly controlled oil price range that benefits American interests but squeezes the profitability of major producers like Aramco. As oil prices hover […]
Continue ReadingIn a surprising turn for global energy markets, the recent surge in oil supply led by OPEC+ has failed to loosen the grip on the tight oil market. Despite announcements of substantial production hikes, oil prices have remained resilient, inventories stay critically low, and the U.S. shale sector—often referred to as the tight oil market—continues […]
Continue ReadingIn an escalating diplomatic standoff amid heightened tensions in the Middle East, the United States has issued a stern warning to Iraq over its alleged involvement in facilitating the smuggling of Iranian oil. This comes on the heels of fresh U.S. sanctions targeting networks that disguise Iranian crude as Iraqi oil, potentially allowing it to […]
Continue ReadingPresident Donald Trump has signaled a bold agenda to expand oil and gas leasing on federal lands, a move that could reshape America’s energy landscape. This policy shift, aimed at bolstering domestic energy production, has sparked intense debate about its economic, environmental, and geopolitical ramifications. Drawing on recent discussions, including insights from Energy Security and […]
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