ENB Pub Note: An excellent story from the Crude Truth Subsack, and we recommend following them. https://crudetruth.substack.com/p/iea-revised-historical-oil-demand. There are some real issues going on in the overall pricing of oil and gas in the global markets. It used to be based upon supply and demand, and I have been questioning the data for years. What […]
Continue ReadingDaily Standup Top Stories Britain’s Plan to Retrain Oil and Gas Workers for Clean Energy Jobs May 18, 2025 Clark Savage ENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain’s plan to create thousands of clean energy jobs for the oil and gas workers is an example of what won’t […] […]
Continue ReadingThere is no question that the Biden Administration used the United States Strategic Petroleum Reserve for political gain when it opened and caused significant drawdowns right before the mid-term elections. Key Points The Biden administration significantly depleted the Strategic Petroleum Reserve (SPR), but replenishment efforts have restored much of it. There is no conclusive […]
Continue ReadingWeekly Daily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed and set up for disaster use. I have taken the time to learn how to get the rooftop solar, […] Saudis […]
Continue ReadingSource: The Crude Truth Substack, Rey Trevino It brings up some interesting points about an American Company helping a foreign country to overproduce their OPEC+ production quotas. We have often wondered why they were not adhering to their agreed-upon quotas, but we have to look at the individual government’s need for cash for the answer. […]
Continue ReadingDaily Standup Top Stories Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says May 5, 2025 Clark Savage ENB Pub Note: President Trump’s team still does not understand what motivates President Putin to end the war. In the following article from Bloomberg, President Trump oddly says that low oil prices will bring President […] Saudi […]
Continue ReadingENB Pub Note: This is from Nathan\’s Substack. We highly recommend following him as he is a wealth of energy and knowledge in the U.S. Sunoco LP, a major player in the U.S. energy sector, has announced a landmark deal to acquire Parkland Corporation for $9.1 billion [1]. This strategic move is set to create the largest […]
Continue ReadingDaily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed and set up for disaster use. I have taken the time to learn how to get the rooftop solar, […] House Votes […]
Continue ReadingENB Pub Note: When the United States or China need additional money, they just print more than what they need. That system is set up for failure, but when Russia, Iran, Iraq, and other OPEC+ members need extra cash, they drill more and throw the product on a dark fleet tanker to avoid sanctions. The […]
Continue ReadingBeing in the oil and gas business as a family-owned exploration and production company is one of the most significant rewards I have had in my professional career. And the number one question I get is Where are the oil prices going? That is a huge question, and in the past, it was a lot […]
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