The European Commission has just proposed handing out billions more in free carbon emission permits to European industry under its flagship Emissions Trading System (ETS). According to Bloomberg, the updated benchmark values for 2026–2030 would deliver roughly €4 billion ($4.7 billion) worth of additional free allowances to manufacturers covered by the cap-and-trade program. The official […]
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ENB Pub Note: This article was originally run on David Blackmon’s Substack, and we highly recommend subscribing. Ethonal needs to go away and have an organized move out of the market. This needs to be shut down, as it is worse for the environment, and ruins cars and shortens their useful life. Unless you are […]
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Have you ever seen one of my favorite movies, Groundhog Day? I feel like that right now as we are trying to report on the global energy crisis, and daily it is the Strait is open, ….closed,,, open,,, closed, …. Dolphins, removing mines,,,, clear ,,, wow. Ok, and Jeff, yes, AI thought they were creating […]
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ENB Pub Note: This article was originally posted on the Hill by Sen. Alan Armstrong. I am reaching out to him to get him on the podcast. We recommend reading The Hill. I didn’t come to the Senate from politics — I came from the field. I started as an engineer in Oklahoma’s energy sector […]
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If President Trump meets with President Xi next week the Iran War is over. You will NOT want to miss this episode of the Energy News Beat Global Oil and Gas Markets Update with our special guest Doomberg. We were live on LinkedIn and YouTube, and we had some great questions. Doomberg was on point […]
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Oil markets are set for continued wild swings in the coming weeks as investors grapple with uncertainty over a potential U.S.-Iran deal to end the ongoing conflict and reopen the Strait of Hormuz. Citigroup’s global head of commodities research, Max Layton, captured the mood perfectly in a May 7 Bloomberg Television interview: “It’s very difficult […]
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Global oil inventories are rapidly approaching their lowest level in nearly eight years, according to a new analysis from Goldman Sachs. The investment bank warned that the pace of depletion has become a major concern amid ongoing supply disruptions, particularly restrictions on flows through the Strait of Hormuz. Goldman estimates that total global oil stocks […]
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Chris Johnson, President of the American Energy Leadership Institute, stops by the Energy News Beat podcast. What a great conversation, and you will recognize Chris from his many interviews. I have seen him on Mornings with Maria, and he’s all over the map. It is very encouraging to have young leaders trying to help with […]
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The ongoing conflict in the Middle East — sparked by U.S. and Israeli strikes on Iran in early 2026 — has delivered an unexpected windfall to the Kremlin. Global oil prices surged as threats to the Strait of Hormuz disrupted supplies from the region, pushing benchmark prices above $100 per barrel at peaks and lifting […]
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ENB Pubnote: This article was run on David Blackmon’s Energy Additions Substack, and we highly recommend subscribing. This morning on Mornings with Maria, Secretary Chris Wright hit it out of the park, and we will have that information out later. California is a self-imposed energy island with a crisis brewing, and Secretary Wright is spot […]
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