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HomeAuthorsClark Savage

Articles by Clark Savage

Energy Crisis

Germany Warns of Gas Refill Risk as EU Taps Deeper Into Reserves

November 15, 2024 Clark Savage

Europe is dipping into its gas storage faster than expected, and with the fuel turning pricier for summer, top consumer Germany has warned of refilling risks for the next heating season. The spread between contracts for the […]

Climate Crisis

COP29: At Least $1.2 Trillion Needed to Fill Climate Finance Gap

November 15, 2024 Clark Savage

A yawning gap still exists between the demands of developing countries, led by India, Brazil and South Africa, for climate finance and the amount that Western governments are willing to offer as COP29 enters a […]

Putin
ENB Pub Note

Putin tells Scholz that Russia is willing to look at energy cooperation, Kremlin says

November 15, 2024 Clark Savage

ENB Pub Note: I have stated that we would see an end to the war in Ukraine, and Germany would be buying Russian Gas again – and we are on target. You can go green […]

ENB Pub Note

Fracking Boss Picks Up Endorsements to Be Trump Energy Secretary

November 15, 2024 Clark Savage

ENB Pub Note: Chris Wright is a class act and has the perfect mindset to be the best Energy Secretary the United States has ever had. His vision to end energy poverty has been a […]

Electric Vehicles

President Trump to Immediately Eliminate Joe Biden’s Disastrous Electric Vehicle Tax Credit

November 14, 2024 Clark Savage

President Trump will eliminate Joe Biden’s disastrous electric vehicle tax credit that raised the prices of EVs. Reuters reported: President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases […]

Crude Oil News

Oil Jumps on Fuel Inventory Draws

November 14, 2024 Clark Savage

Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 8. In fuels, however, inventories fell. At the time of writing, Brent crude was […]

Crude Oil News

“I couldn’t be more thrilled by president-elect Donald Trump’s victory,” said Continental Resources founder Harold Hamm.

November 13, 2024 Clark Savage

The FT writes, US oil execs are eagerly awaiting Trump’s expected rollback of environmental regulations, but despite the president’s pledge to “drill, baby, drill,” production is unlikely to increase significantly during his second term in […]

Electrical Generation / Utilities

Poland Urgently Needs New Gas Power Stations, Grid Operator Warnsn

November 13, 2024 Clark Savage

Country sees power supply shortage at 4.2 gigawatts in 2026 Poland needs its coal power stations operating for longer: PSE Poland urgently needs to build new gas-fueled power stations and keep its coal-fired units going […]

Crude Oil News

Drill, Baby, Drill’ Hits Wall of Capital Restraint – More like Drill Baby Drill when fiscally responsible!

November 13, 2024 Clark Savage

Trump will encounter a very different mindset of shale industry executives in 2025 compared to the late 2010s. Discipline and a pragmatic approach to balancing production growth with shareholder returns are likely to hold in […]

Shale drillers
Crude Oil News

Coterra is spending $4 billion to consolidate in the Permian.

November 13, 2024 Clark Savage

The risk/reward balance here gets very interesting. Coterra Energy, the $20 billion publicly traded exploration & production (E&P) operator, announced two separate acquisition agreements in the Permian totaling $3.95 billion. The deal “consist[s] of $2.95 […]

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