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HomeAuthorsClark Savage

Articles by Clark Savage

New York
Finance

NY May Need to Decouple to Avoid Federal Tax Law Hit

September 15, 2025 Clark Savage

New York State’s revenue could feel the impact of the new federal tax law as soon as next year unless it decouples its tax code from federal law, according to a report from State Comptroller Thomas DiNapoli. The […]

Big Oil Companies

American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures

September 15, 2025 Clark Savage

U.S. oil hit a record in June (13.58 mb/d), but momentum is fading. Smaller operators are pulling back, and only the majors are still adding barrels. The EIA sees output easing from about 13.6 mb/d […]

Big Oil Companies

Exxon CEO Says New Form of Graphite Boosts EV Battery Life, Extends Range

September 15, 2025 Clark Savage

In a bold move signaling the oil giant’s pivot toward the electric vehicle (EV) ecosystem, Exxon Mobil Corp. CEO Darren Woods revealed a groundbreaking invention: a new form of synthetic graphite designed to supercharge EV […]

CCUS

EU nations postpone agreement on new climate objective.

September 15, 2025 Clark Savage

ENB Pub Note: This article is from the Energy Market Place, and is a good sign that countries are realizing they are in deep trouble with their energy plans. Net Zero and climate crisis policies […]

Connected pipework at a gas treatment facility in the Lensk district of the Sakha Republic, Russia.Photographer Bloomberg
Crude Oil News

EU Grapples With How to Navigate Trump’s Demands on Russian Oil

September 15, 2025 Clark Savage

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 […]

Crude Oil News

California’s Biggest Inland Oil Pipe On Course to Shut, Imperiling Shipments to Bay Area Refiners

September 15, 2025 Clark Savage

In 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 […]

China has an off-switch for America, and we aren’t ready to deal with it.
AI

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 […]

Oil prices
Big Oil Companies

Military Conflict Between the US and Venezuela Is Unlikely but Plausible

September 14, 2025 Clark Savage

In 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. […]

Exploration and Production

$14 Trillion Stock Rally Expects a Fed Cut: What Happens If They Only Get a Quarter Point?

September 14, 2025 Clark Savage

In the high-stakes world of global markets, the U.S. stock market has been on a tear, adding a staggering $14 trillion in value since April lows, with the S&P 500 surging 32%. This rally, as […]

Harmony platform; Source: Sable Offshore
Crude Oil News

California Legislators Strike Last-Minute Deal to Help Oil Industry but Limit Offshore Drilling

September 14, 2025 Clark Savage

In 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 […]

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