Clark Savage, Author at Energy News Beat

German Industry Warns Energy-Price Shock is Crippling Investment and Growth

July 27, 2026July 27, 2026 Clark Savage347

German companies are delaying investments and increasingly eyeing production moves abroad as stubbornly high energy costs erode competitiveness, according to the latest survey from the German Chambers of Industry and Commerce (DIHK). The findings, highlighted in a July 27, 2026 Bloomberg report drawing on the DIHK’s Energiewende Barometer 2026, underscore deepening structural pressures from Germany’s […]

Oil Market’s Glut Narrative Just Blew Up, Just as High as Tanker Prices

July 26, 2026July 26, 2026 Clark Savage532

Less than a month ago, the dominant story in oil markets was a looming glut. Analysts pointed to recovering tanker traffic through the Strait of Hormuz after a brief U.S.-Iran ceasefire, rising non-OPEC supply, and expectations of softer prices. That narrative has been obliterated. Missiles are flying again, key chokepoints are effectively blocked, refined-product markets […]

Over 100°F Heat Adding Stress to the AI-laden Grid

July 26, 2026July 26, 2026 Clark Savage507

Back-to-back heat waves sweeping the United States are pushing electricity grids to a tipping point, as temperatures topping 100°F (38°C) drive households to max out air conditioners while a surge in around-the-clock demand from AI data centers and factories shrinks power reserves and strains decades-old transmission equipment. This is emerging as the new normal for […]

Saudi Oil Can Still Move to Market Today, but at What Cost

July 26, 2026July 26, 2026 Clark Savage529

In the shadow of the ongoing Iran conflict that has repeatedly disrupted the Strait of Hormuz, Saudi Arabia’s East-West Pipeline (also known as the Petroline) has proven a critical lifeline. Built roughly 40 years ago and restored to a maximum capacity of about 7 million barrels per day (bpd) earlier in 2026, this conduit moves […]

Iran Threat Moves into Europe, Defending Russian Trade

July 26, 2026 Clark Savage441

Iran’s ballistic missile threats have expanded beyond the Middle East into Europe, with Ukraine becoming the latest target after the United Kingdom. This escalation ties directly to Tehran’s strategic partnership with Moscow and the defense of critical Caspian Sea trade and military logistics routes that sustain both nations amid ongoing conflicts and sanctions. On July […]

OPEC Report says global electricity demand is projected to rise from 32 TWh in 2025 to 60K TWh by 2050

July 26, 2026July 26, 2026 Clark Savage303

Wind and solar are key, but not in existing grid deployments. This article was first run on the Energy News Beat Substack. Global electricity generation is set for a massive expansion. According to OPEC’s World Oil Outlook (matching the chart data for 2025–2050), total generation rises from about 32,017 TWh in 2025 to roughly 59,500 […]

Houthis Attack Saudi Arabia Refinery, Heating Up the Gulf War

July 25, 2026July 25, 2026 Clark Savage782

In a sharp escalation of regional tensions, Yemen’s Iran-aligned Houthi forces reportedly launched ballistic missiles and drones at Saudi Aramco’s Jazan (also spelled Jizan) refinery complex on the Red Sea coast overnight into July 25, 2026. The strikes came roughly 24 hours after Saudi-led coalition airstrikes targeted Houthi positions in the Yemeni port of Hodeidah, […]

Ukraine Strikes Russian Refinery Deep Inside Russia Again, Demonstrating the Change in Modern Warfare

July 25, 2026July 25, 2026 Clark Savage788

In a striking demonstration of how modern warfare has evolved, Ukrainian forces once again reached deep into Russian territory on July 25, 2026, hitting the Antipinsky (Tyumen) oil refinery more than 2,000 kilometers from the Ukrainian border. The attack sparked a significant fire at the facility in western Siberia, underscoring Ukraine’s expanded long-range drone capabilities […]

Saudi Arabia Is Running Into Oil Roadblocks—and How Will They Handle?

July 24, 2026 Clark Savage563

Saudi Arabia’s carefully constructed workaround for oil exports is hitting severe constraints on two fronts at once: kinetic threats from Yemen’s Houthis and commercial barriers from the London marine insurance market centered on Lloyd’s. The result is a growing bottleneck at the Red Sea that threatens a key remaining outlet for Saudi crude and products, […]

Mixed Rig Totals Signal Slowing on Active Rigs

July 24, 2026 Clark Savage434

U.S. drilling activity showed mixed signals this week as different rig count providers reported divergent weekly moves against a backdrop of solid year-over-year gains. The latest WellDatabase US Rig Report (dated July 24, 2026) puts the active U.S. rig count at 575, up 1 from the prior week and up 47 from a year earlier. […]

Author: Clark Savage

German Industry Warns Energy-Price Shock is Crippling Investment and Growth

Oil Market’s Glut Narrative Just Blew Up, Just as High as Tanker Prices

Over 100°F Heat Adding Stress to the AI-laden Grid

Saudi Oil Can Still Move to Market Today, but at What Cost

Iran Threat Moves into Europe, Defending Russian Trade

OPEC Report says global electricity demand is projected to rise from 32 TWh in 2025 to 60K TWh by 2050

Houthis Attack Saudi Arabia Refinery, Heating Up the Gulf War

Ukraine Strikes Russian Refinery Deep Inside Russia Again, Demonstrating the Change in Modern Warfare

Saudi Arabia Is Running Into Oil Roadblocks—and How Will They Handle?

Mixed Rig Totals Signal Slowing on Active Rigs

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