The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals. Under BP’s “Current Trajectory,” demand drops 15% by 2050, while in a “Below 2°C” scenario it plunges 70%, with EVs rising to 1.4–2.1 […]
Continue ReadingDaily Standup Top Stories Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges September 27, 2025 Clark Savage ENB Pub Note: This is an excellent article from Irina Slav on Oilprice.com. While the title says advertisers are returning to big oil, I would add investors to the list. I have written several articles […] Chinese Lithium […]
Continue ReadingENB Pub Note: This article is from David Blackmon\’s Substack, and we recommend subscribing. This brings up a huge discrepancy between \”Drill Baby Drill\” and what is actually happening in the oil and gas industry in the U.S. I am scheduling Josh Young from Bison Interests to discuss the current oil and gas market on […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, Stu Turley dives deep with Trisha Curtis, CEO of PetroNerds, in a no-holds-barred conversation on the myths of peak Permian, U.S. shale resilience, OPEC’s bluff, China’s global energy influence, rising electricity costs, the EU’s energy collapse, and the urgent need for pragmatic U.S. energy policy. From […]
Continue ReadingIn the ever-evolving landscape of U.S. oil production, major players ExxonMobil and Chevron are reassessing their positions in the Bakken shale play in North Dakota, even as they double down on the prolific Permian Basin in Texas and New Mexico. As of September 2025, both companies have taken concrete steps to trim their Bakken operations, […]
Continue ReadingDaily Standup Top Stories Warren Buffett Was Right About Wind Energy, and You Should Not Invest in It Without Tax Breaks and Subsidies September 20, 2025 Clark Savage In the world of renewable energy, few voices carry as much weight as Warren Buffett, the legendary investor and CEO of Berkshire Hathaway. Buffett has long been candid […]
Continue ReadingWeekly Daily Standup Top Stories America’s Grid is Nearing Its Breaking Point September 14, 2025 Clark Savage The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. As demand surges from emerging technologies like artificial intelligence, data centers, and electric vehicles, an aging […] $14 Trillion Stock Rally […]
Continue ReadingThe U.S. oil and gas drilling sector showed continued signs of modest recovery this week, with the total active rig count climbing to its highest level since July. According to the latest data from Baker Hughes, released on September 19, 2025, the total number of active drilling rigs in the United States rose by 3 […]
Continue ReadingU.S. oil hit a record in June (13.58 mb/d), but momentum is fading. Smaller operators are pulling back, and only the majors are still adding barrels. The EIA sees output easing from about 13.6 mb/d late-2025 to roughly 13.2 mb/d by end-2026 as low prices slow drilling and completions. Previously, we reported that U.S. oil production has […]
Continue ReadingDaily Standup Top Stories America’s Grid is Nearing Its Breaking Point September 14, 2025 Clark Savage The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. As demand surges from emerging technologies like artificial intelligence, data centers, and electric vehicles, an aging […] $14 Trillion Stock Rally Expects […]
Continue Reading