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Home2021

Year: 2021

Ryan Ray international man of misery
ENB Podcast

From Bear Country The Energy News Beat Podcast – We interview Ryan Ray, Former US Presidential Candidate

June 16, 2021 Stu Turley

The Energy News Beat monthly check-in – We check in with Ryan on China, Australia, and Coal. Ryan once had a vote for a United States Presidential race. Now that we have established his political […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

The United States consumed a record amount of renewable energy in 2020

June 16, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Monthly Energy Review Note: Click for full U.S. renewable energy chart. In 2020, consumption of renewable energy in the United States grew for the fifth year in a row, reaching a record high of […]

Line 3 - energy News Beat
Crude Oil News

Enbridge’s Line 3 Scores a Key Win as Minnesota Court Affirms Approval

June 15, 2021 Stu Turley

The Minnesota Court of Appeals on Monday affirmed a state regulator’s decision that there is sufficient need for Enbridge Inc’s (ENB.TO) Line 3 oil pipeline replacement, handing the company a major victory in its lengthy battle with […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Commodities

Growing global production limits crude oil price increases in the most recent forecast

June 15, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In the June Short-Term Energy Outlook (STEO), we forecast that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases […]

Lack of Investment could push oil to 200 -energynewsbeat
Commodities

NNPC: Lack Of Investment Could Push Oil To $200

June 15, 2021 Stu Turley

Crude oil prices could rise to $200 per barrel as international oil companies curb their investments in new exploration and production, the Nigerian National Oil Corporation said this week. The effect of investment decisions being made now […]

Russia-Ukraine conflict prompts uncertainty on Americas tanker markets
Commodities

$100 Oil Is Now A Distinct Possibility

June 15, 2021 Stu Turley

Although oil may not be headed to a new supercycle, prices still have room to rise from current levels because of a strong demand rebound and expected tightness in supply, some of the world’s largest […]

Commodities

Investors Are Buying Bitcoin In A Bear Market But Ignoring Oil In A Bull Market

June 15, 2021 Stu Turley

While thousands of retail investors crowd the bitcoin space, many are missing out on some substantial gains from oil, investment celebrity Richard Bernstein has warned, as quoted by CNBC. “Bitcoin has been in a bear market, and […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Electrical Generation / Utilities

Production of crude oil and natural gas in New Mexico reached new record in March 2021

June 15, 2021 Stu Turley

Source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production New Mexico had record-high production of crude oil and natural gas in March 2021, averaging 1.16 million barrels per day (b/d) of crude oil and 6.19 billion […]

The Ercot control room in Austin, Texas.
Electrical Generation / Utilities

Tight grid conditions expected due to high number of forced generation outages – Ruh Roh as Scooby Doo Says.

June 15, 2021 Stu Turley

The Electric Reliability Council of Texas (ERCOT) is asking Texans to reduce electric use as much as possible today through Friday, June 18. A significant number of forced generation outages combined with potential record electric […]

Sun Set on Wind farm - Energy News Beat
Jobs

South Dakota rocked again as a wind turbine plant shuts its doors

June 15, 2021 Stu Turley

John F. Kerry, the special presidential envoy for climate, said only months ago that those losing fossil fuel jobs in coal and hydraulic fracturing will find they have a better choice of jobs in either […]

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