As the United States under President Donald Trump ramps up pressure on allies to sever Europe\’s lingering ties to Russian energy, the European Union finds itself caught in a geopolitical vise. Trump\’s administration has signaled readiness to impose sweeping sanctions on Russian oil exports, but only if European nations match the effort—potentially targeting third-party enablers […]
Continue ReadingIn a move that could exacerbate California\’s already precarious energy landscape, the state\’s largest inland oil pipeline is barreling toward a potential shutdown, threatening critical crude supplies to Bay Area refiners and underscoring the deepening national security risks tied to the Golden State\’s faltering oil production. The San Pablo Bay Pipeline, operated by Crimson Midstream […]
Continue ReadingDaily Standup Top Stories America’s Grid is Nearing Its Breaking Point September 14, 2025 Clark Savage The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. As demand surges from emerging technologies like artificial intelligence, data centers, and electric vehicles, an aging […] $14 Trillion Stock Rally Expects […]
Continue ReadingIn the sweltering heat of the Caribbean, tensions between the United States and Venezuela have simmered for years, fueled by oil riches, political animosity, and the shadowy world of drug trafficking. But recent events—a U.S. military strike on a suspected drug boat off Venezuela\’s coast that killed 11 people on September 1—have pushed the rhetoric […]
Continue ReadingIn a dramatic eleventh-hour compromise, California lawmakers have forged a deal with the oil industry aimed at bolstering domestic crude production amid looming refinery closures that threaten to drive up gasoline prices. The agreement, embedded in Senate Bill 237, streamlines environmental approvals for thousands of new oil wells in the state\’s prolific Kern County while […]
Continue ReadingWeekly Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced the commencement of the first phase of construction for a cutting-edge nuclear fuel recycling facility in Oak Ridge, […] Treasury […]
Continue ReadingThe U.S. Energy Information Administration (EIA) revealed its latest Brent spot price forecast for 2025 and 2026 in its September short term energy outlook (STEO), which was released on September 9. According to its latest STEO, the EIA expects the Brent spot price to average $67.80 per barrel in 2025 and $51.43 per barrel in […]
Continue ReadingThe International Energy Agency, which has repeatedly predicted that global oil demand growth will peak before 2030, has drafted a report admitting that both oil and gas demand are set to continue growing for decades. Bloomberg’s Javier Blas reported the news in a column this week, citing a draft of the IEA report, World Energy Outlook. The […]
Continue ReadingThe number of employees in the oil and gas extraction industry has dropped by thousands since the start of the year, data on the U.S. Bureau of Labor Statistics (BLS) website shows. According to the data, which was accessed by Rigzone, the number of employees in the sector has declined from 123,100 in January to […]
Continue ReadingMILAN, Sept 11 (Reuters) – It may appear quite audacious for the world\’s largest natural gas producer to demand that its biggest market stop buying from a competitor. But that\’s exactly what unfolded this week at the global gas industry’s annual gathering in Milan. Speaking at the start of the Gastech conference, U.S. Interior Secretary […]
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