In a bold move that could reshape global energy markets and geopolitical dynamics, President Donald Trump has issued a stark ultimatum to Russia amid the ongoing conflict in Ukraine. Drawing from recent reports, Trump has threatened to impose 100% secondary tariffs on Russia if the war does not conclude within 50 days. This announcement, made […]
Continue ReadingThe global oil market is once again navigating turbulent waters, with prices fluctuating due to geopolitical tensions, economic uncertainties, and shifting production strategies. In a recent statement, Russia has signaled its willingness to collaborate with OPEC+ and the United States to stabilize oil prices, drawing on a precedent from 2020 when coordinated efforts helped avert […]
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 European Union is rolling out its 18th sanctions package against Russia, and this time, it’s aiming straight for the heart of Moscow’s energy sector. With a proposed ban on the Nord Stream pipelines and a tighter $45-per-barrel cap on Russian oil (down from $60), the EU is doubling down on its strategy to choke […]
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 Russia-Ukraine Talks Stall: Will Congress Ramp Up Sanctions Pressure on Moscow? June 2, 2025 Clark Savage It has been clear for well over 6 months that President Trump does not have the information he needs to end the war in Ukraine, and we are watching peace slip through his fingers, which […] Trump […]
Continue ReadingDaily 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 the […]
Continue ReadingI 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 the global and U.S. markets. The U.S. Dollar is the prize, and President Trump knows this. What he does not understand is that President Putin has survived all […]
Continue ReadingWeekly Daily Standup Top Stories Where Are Oil Prices Headed in 2025 and Beyond? Goldman Sachs’ Bearish Outlook Meets Rising Demand Well economics matters May 27, 2025 Clark Savage Source: The Crude Truth Substack Oil well economics matters at all times, but it has now become the difference between profitability and incurring a loss. Goldman Sachs […]
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