President Trump’s administration is in advanced talks with Venezuela’s interim government for what officials describe as a “massive” energy deal: a U.S. ownership stake or long-term lease covering 17 of the country’s most promising oil and gas fields holding about 90 billion barrels of proven reserves. That is nearly a third of Venezuela’s world-leading 300 […]
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Commercial production is targeted for the first quarter of 2029 if Tesla picks the Texas site, wins incentives, and clears permits. Tesla has not disclosed annual gigawatt output, so any panel-count figure is an estimate, not an official number. The internal name is Project Crystal Sun. The public paper trail is a Jobs, Energy, Technology […]
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Energy News Beat | August 27, 2026 The U.S. diesel market is doing what tight commodity markets always do: it is advertising the shortage in the only language that matters — price. For the week ending August 21, EIA distillate stocks fell 2.2 million barrels, or 2.1%, to 103.4 million barrels. That is the lowest […]
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President Trump signs Executive Order 14420, targeting foreign-made grid equipment, software, and remote-access gear as electricity demand from AI, manufacturing, and defense rises. President Donald J. Trump signed Executive Order 14420 on August 26, 2026, declaring a national emergency to secure the United States bulk-power system. The order invokes the International Emergency Economic Powers Act […]
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Energy News Beat | Analysis ExxonMobil is scaling robotic drilling in the Permian Basin after proving that machines can do the most dangerous job on a land rig: moving and connecting thousands of pounds of steel pipe on the drill floor. The company now has two automated rigs in a Permian fleet of more than […]
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Jeff Currie, founder and CEO of Real Macro and a veteran commodities strategist formerly of Goldman Sachs and Carlyle, appeared on CNBC’s Squawk Box on August 26, 2026, and cut through the usual noise. The segment title said it plainly: “The Strait of Hormuz is just one of many choke points being squeezed right now.” […]
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In Jurassic Park, Dr. Ian Malcolm delivers one of cinema’s most memorable lines: “Life finds a way.” Nature adapts, persists, and routes around obstacles no matter how carefully the fences are built. In the summer of 2026, crude oil is doing the same thing. Blockades and attacks have choked the Strait of Hormuz and the […]
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This was an absolute blast, and I am looking forward to having Amy Cooke and the Energy Bad Boys on the Energy News Beat Podcast. Amy does a great job wrangling tPowerGab Podcast: Energy Policy, Grid Reliability, and the Cost of Net Zero In this episode of PowerGab, host Amy Cooke sits down with Stu Turley, president and CEO […]
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ENB Pub Note: This article from Stephen Heins, The Word Merchant’s Substack, hits home. Steve Reese is a friend and a sponsor of the Energy News Beat podcast. He is a true “National Treasure and has made many people’s lives better by being the great energy leader that he is. Well done, Stephen, and a […]
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Gavin Newsom’s California is set to become more expensive starting in 2029 under new state tire efficiency rules approved last week by the California Energy Commission (CEC). Dunlop Tires North America President and CEO Darren Thomas used a lengthy Monday press conference to warn of higher costs, reduced consumer choice, and unintended consequences for drivers […]
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