The ongoing conflict in Ukraine has reshaped global energy dynamics, with Western sanctions on Russia diverting oil and gas flows, creating discounts, and forcing new trade patterns. But what if the war ended abruptly—say, tomorrow—and sanctions were lifted? Would oil prices crash as Russian crude floods the market? Or could prices actually rise due to […]
Continue ReadingWith President Trump giving President Putin 50 days to come to the negotiation table, there are some real problems with his 100% tariff threats on countries buying Russian oil. And that is, Sanctions don\’t work as intended, as stated by Irina Slav, an International energy writer and friend of the Energy News Beat Podcast. Secondly, […]
Continue ReadingIn a surprising turn for global energy markets, the recent surge in oil supply led by OPEC+ has failed to loosen the grip on the tight oil market. Despite announcements of substantial production hikes, oil prices have remained resilient, inventories stay critically low, and the U.S. shale sector—often referred to as the tight oil market—continues […]
Continue ReadingDaily Standup Top Stories Can President Trump Take Control of the California Refineries to Stop a National Security Crisis? What would the policial fall out be? Stu Turley Trump’s Push for New Oil and Gas Leases on Federal Lands: Implications for Investors, the U.S. Economy, and Alaska July 12, 2025 Clark Savage President Donald Trump has […]
Continue ReadingThe U.S. oil and gas industry is witnessing a persistent decline in active drilling rigs, reflecting ongoing market uncertainties and volatile oil prices. According to the latest data from Baker Hughes, the total number of active oil and gas drilling rigs in the United States fell by two rigs for the week ending July 11, […]
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 ReadingWeekly Daily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on the Energy News Beat Podcast, and the secondary sanctions on China and India’s refineries would undoubtedly cause havoc in […]
Continue ReadingDaily Standup Top Stories How big is the Alaska LNG Project? Glenfarne says more than 50 firms interested in Alaska LNG project June 4, 2025 Mariel Alumit The Alaska LNG Project: A Mega-Project for Energy Security and Economic Growth The Alaska LNG Project is a proposed liquefied natural gas (LNG) export initiative aimed at tapping into […]
Continue ReadingThe oil and gas industry is no stranger to volatility, and 2025 is shaping up to be another wild ride. A recent headline grabbed the attention of investors and analysts alike: Banks Cut 2025 Oil Price Forecast Below $60, Survey Shows. According to a survey by law firm Haynes Boone LLP, 28 banks have slashed […]
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