ENB Pub Note: The global oil demand side of the pricing equation looks at India and China as the two biggest matrices for international pricing. The fact that India is rolling on high import levels, and China is looking flat, is a good thing for the demand curve. India is expected to import nearly […]
Continue ReadingENB Pub Note: The story from Irina Slav at Oilprice.com below the line is an outstanding article. She is an excellent international energy expert. I am wondering about Israel\’s attacking Iran\’s nuclear sites without hitting Iran\’s oil sites, and is this a coordinated response with the United States? Israel cannot hit Iran without the use […]
Continue ReadingDaily Standup Top Stories Saudi Arabia poised to increase summer crude burn for power May 20, 2025 Clark Savage There are several ways to look at Saudi Arabia’s use of crude oil to burn for electrical generation. First, it is fiscally responsible, but it may not be the best long-term solution for their local […] QatarEnergy eyes […]
Continue ReadingThere are several ways to look at Saudi Arabia\’s use of crude oil to burn for electrical generation. First, it is fiscally responsible, but it may not be the best long-term solution for their local environment. As the leader of OPEC, it does help to have the flexibility to reduce the kingdom\’s energy costs by […]
Continue ReadingDaily Standup Top Stories How Republicans got roped into a deal that keeps the IRA—and why there’s still time to fix it May 19, 2025 Clark Savage ENB Pub Note: This article is from Alex Epstein’s Substack, and I highly recommend subscribing and supporting his work here: Energy Talking Points by Alex Epstein. I have interviewed Alex […]
Continue ReadingENB Pub Note: I will interview DRW ( David Ramsden-Wood) and David Blackmon on Wednesday about this article and Trump\’s trip to the Middle East. There is a lot going on in the news cycle, and we are trying to incorporate the most correct and not-so-politically correct information. It should be a lot of fun. […]
Continue ReadingENB Pub Note: An excellent story from the Crude Truth Subsack, and we recommend following them. https://crudetruth.substack.com/p/iea-revised-historical-oil-demand. There are some real issues going on in the overall pricing of oil and gas in the global markets. It used to be based upon supply and demand, and I have been questioning the data for years. What […]
Continue ReadingDaily Standup Top Stories Britain’s Plan to Retrain Oil and Gas Workers for Clean Energy Jobs May 18, 2025 Clark Savage ENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain’s plan to create thousands of clean energy jobs for the oil and gas workers is an example of what won’t […] […]
Continue ReadingIntroduction In the world of oil and gas exploration, accurately valuing wells is a cornerstone of sound financial decision-making. Investors, operators, and stakeholders rely on robust financial metrics to assess the profitability and viability of drilling projects. Two metrics dominate this process: Internal Rate of Return (IRR) and Net Present Value (NPV). While both tools […]
Continue ReadingENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain\’s plan to create thousands of clean energy jobs for the oil and gas workers is an example of what won\’t work. The United States invested heavily, and the wind and solar industry failed to deliver on the thousands of jobs. […]
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