Rey Trevino, Crude Truth Podcast Host, and President at Pecos Operating, stops by. This was recorded yesterday, and oil has dropped back down several dollars. The volatility will still be around until demand destruction kicks in. We have a wild stand-up with 8 huge stories. It is fun having guests on the stand-up, and Rey […]
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Greece has once again highlighted the practical and commercial limits of the European Union’s sanctions regime against Russian energy. As the world’s leading maritime nation, Athens successfully pressed for exemptions on restrictions targeting the shipping of Russian LNG to third countries in the latest (21st) sanctions package. Greek officials argued that broader bans would primarily […]
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U.S. refiners are operating near full tilt, with utilization rates holding above 96% amid record refining margins, a global diesel squeeze, and disruptions from Russian refinery outages and Middle East tensions. The latest U.S. Energy Information Administration (EIA) Weekly Petroleum Status Report for the week ending July 17, 2026, shows U.S. refineries running at 96.1% […]
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On Wednesday, July 22, 2026, extreme Texas heat drove air-conditioning demand that pushed the Electric Reliability Council of Texas (ERCOT) grid past 91 gigawatts for the first time. Unofficial real-time figures from ERCOT’s website showed a peak around 91,300 megawatts near 5 p.m. CT, with system-wide demand data indicating highs near 91,089 MW. This shattered […]
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In a timely July 20, 2026, article for City Journal, energy analyst Mark P. Mills dismantles the persistent narrative of an “energy transition” — the idea that wind, solar, and batteries will soon replace oil, natural gas, and coal. Mills, executive director of the National Center for Energy Analytics and author of The Cloud Revolution, […]
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ENB Pub Note: This article was originally posted on America Outloud, and we highly recommend subscribing and also following Ronald Stien, who has been a frequent guest on the Energy News Beat Podcast. Why the future depends on balancing human prosperity, energy security, and environmental stewardship. The Net Zero Debate Has Reached a Crossroads For […]
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Recent data confirms that fossil fuels (coal, natural gas, and oil) still supply 57% of global electricity generation. Wind and solar together reached about 17% of electricity in 2025, according to Ember’s Global Electricity Review. This marks progress from a decade ago, yet it tells only part of the story. Electricity represents a minority slice […]
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The U.S. electric grid faces a critical bottleneck: explosive growth in electricity demand from AI data centers, manufacturing resurgence, and electrification is outpacing the physical expansion of the high-voltage transmission network that moves power across regions. According to energy economists Leonard Hyman and William Tilles in a new OilPrice.com analysis, the country needs roughly 5,000 […]
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Incoming UK Prime Minister Andy Burnham is preparing to back increased North Sea oil and gas activity, including potential approvals for the Jackdaw gas field and Rosebank oil field, as part of an early policy push focused on energy security, jobs, and economic growth. Burnham, who formally took office today after succeeding Keir Starmer, has […]
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The U.S. Strategic Petroleum Reserve (SPR), the world’s largest emergency crude oil stockpile, is facing serious operational challenges after years of massive drawdowns, deferred maintenance, and mismanagement. One of the four primary storage sites has been left inoperable, equipment purchased with taxpayer dollars was left exposed and unusable, and critical infrastructure repairs were neglected. President […]
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