Daily Standup Top Stories What Will Happen to the Strait of Hormuz and Oil? Iran’s Threat and Its Global Impact Will Iran retaliate after the U.S. strikes on their nuclear program? Banks Drop the Climate Pretense and Follow the Money: A Shift Back to Fossil Fuels June 22, 2025 Clark Savage The global energy landscape is […]
Continue ReadingThe global energy landscape is undergoing a seismic shift, and major banks are making their moves clear. After years of touting environmental, social, and governance (ESG) commitments, U.S. banking giants like JPMorgan Chase, Bank of America, and Citigroup are doubling down on fossil fuel investments, prioritizing profits over climate pledges. According to the 2024 Banking […]
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A prominent Texas oil family stands to gain significantly from a potential $8-billion deal with Mitsubishi Corporation, highlighting the enduring allure of the oil and gas sector. The transaction, reported by OilPrice.com, underscores not only the financial windfalls possible in the industry but also the unique tax advantages that continue to make oil and gas […]
Continue ReadingThis was a wild week in the energy space. The geopolitical tensions around the world are driving oil prices to $77, and if Iran\’s oil export capacity is diminished, we may see some short-term spikes to $100. For our oil and gas investors who follow Energy News Beat, this is what Stu has been predicting. […]
Continue ReadingDaily Standup Top Stories The Senate Caves on IRA Wind and Solar Subsidies – David Blackmon June 18, 2025 Clark Savage ENB Pub Note: This article from David Blackmon’s Substack is spot on – and RINOs are at it again… We need some huge primaries, and this is just disgusting. The RINOs in Congress, not David […] […]
Continue ReadingThe U.S. energy market is reeling from a massive 11.5 million-barrel draw in crude oil inventories, one of the largest weekly declines in recent memory. Despite this significant tightening of supply, oil prices have remained surprisingly stable, with West Texas Intermediate (WTI) July contracts hovering around $71.88 after a brief spike earlier this week. The […]
Continue ReadingThe Strait of Hormuz, a narrow waterway between Iran and Oman, is the world’s most critical oil chokepoint, handling roughly 20 million barrels per day (b/d) of crude oil, condensate, and refined products—about 20% of global oil supply and 25% of liquefied natural gas (LNG). With tensions in the Middle East simmering, particularly between Israel […]
Continue ReadingDaily Standup Top Stories How the Israel-Iran Crisis Is Swiftly Becoming Taiwan’s National Security Crisis June 17, 2025 Clark Savage The escalating conflict between Israel and Iran, marked by Israeli airstrikes on Iranian military and nuclear infrastructure, has sent shockwaves through global energy markets, with far-reaching implications for Taiwan’s national security. The Strait of Hormuz, […] Tankers […]
Continue ReadingDaily Standup Top Stories Trump reveals Iran would ‘like to talk’ about a nuclear deal since they’re ‘not winning’ war against Israel June 16, 2025 Clark Savage ENB Pub Note: This update from The New York Post highlights several key issues. First, there is a willingness from Iran to talk, and President Trump wants them to […]
Continue ReadingThe Middle East is once again at the epicenter of global energy market concerns as tensions between Israel and Iran escalate, raising fears of disruptions to oil and natural gas supplies. Despite recent military strikes targeting energy infrastructure, Rystad Energy, a leading energy consultancy, maintains that Brent crude oil prices are likely to remain capped […]
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