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Home2023July

Month: July 2023

Crude
Crude Oil News

WTI Drops Despite Crude Inventory Draw

July 19, 2023 Mariel Alumit

Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory dip of 700,000 barrels for the week ending July 14, falling to 457.4 million barrels—a figure that is 1% above the five-year […]

Oil
Big Oil Companies

She’s on a Mission From God: Suing Big Oil for Climate Damages

July 19, 2023 Mariel Alumit

Missy Sims carefully picked her way through a field of ruined tombs in central Puerto Rico, in a cemetery where walls of water from Hurricane Maria had smashed open some coffins and sent others careering […]

energy
Exports

IEA: Ensuring gas supply security and decarbonisation high on global energy market’s agenda

July 19, 2023 Mariel Alumit

In the aftermath of the Ukraine crisis, the global energy crisis took the world by storm last year, reshaping the structure of natural gas markets and leaving profound implications in its wake for policymakers and […]

Minerals
Exploration and Production

Black Stone Minerals and Longroad Energy sign exclusive, multi-state mineral rights agreement

July 19, 2023 Mariel Alumit

Longroad Energy, a U.S.-based renewable energy developer, owner, and operator, and Black Stone Minerals, L.P., announced a multi-year transaction to promote the development of renewable energy. The terms provide Longroad with exclusive access to several […]

Price
EIA News

EIA forecasts crude oil prices will increase through 2024 as demand rises above supply

July 19, 2023 Mariel Alumit

July 19, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, July 2023 Note: WTI=West Texas Intermediate We forecast higher crude oil prices in the second half of 2023 and into 2024 in our […]

Legal

US Finally Cancels Funding To Wuhan Lab

July 19, 2023 Mariel Alumit

The US government has finally pulled funding from the Wuhan Institute of Virology, where the Obama administration offshored banned gain-of-function research, including projects to make bat covid more transmissible to humans, before a highly evolved, […]

Electric Vehicles

FAA Prepares US For Flying Taxi Operations By 2028

July 19, 2023 Mariel Alumit

The Federal Aviation Administration (FAA) published the Advanced Air Mobility (AAM) Implementation Plan, establishing a framework for nationwide flying taxi operations by 2028. The FAA said the purpose of this Implementation Plan is “limited to […]

China
Finance

China’s Economy Is Facing Its Biggest Challenge In Decades

July 19, 2023 Mariel Alumit

Authored by Terri Wu via The Epoch Times (emphasis ours), China’s economy is facing its biggest challenge in decades, and the authorities are running out of tools in their toolbox to address the issues, according […]

ENB Daily Standup

Daily Energy Standup Episode #168 – Boom and Gloom: Bank Earnings Soar as Inflation Spikes, while Global Oil Demand Hits Record High in 2023!

July 19, 2023 Andy Del Prado

Daily Standup Top Stories Bank Earnings And Inflation Start Earnings Season With A Bang July 17, 2023 Mariel Alumit Earnings season began last week, with 12 S&P 500 companies reporting. Banks and financial companies were a big […]

Political

Tucker Carlson Warns Young Conservatives To Pay Attention To Topics With ‘Unapproved Words’

July 18, 2023 Mariel Alumit

Authored by Nanette Holt via The Epoch Times (emphasis ours), Since his separation from Fox News, political commentator Tucker Carlson hasn’t spoken much publicly–until this weekend. In a rare spurt of appearances, he enjoyed the […]

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