Articles by Stu Turley

About Stu Turley

Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.

Fed Balance Sheet QT: -$42 Billion in January, -$2.15 Trillion from Peak, to $6.81 Trillion, Lowest since May 2020. Bye-Bye BTFP

February 6, 2025 Stu Turley

By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet declined by $42 billion in January, to $6.81 trillion, the lowest since May 2020, according to the Fed’s weekly balance sheet today. During May 2020, […]

The Fed’s QT Could Go on for a Lot Longer: The Tools Are in Place, incl. the Revived Standing Repo Facility

February 6, 2025 Stu Turley

QT has drained ON RRPs to their normal level of near-zero, while QT hasn’t even touched reserve balances yet. By Wolf Richter for WOLF STREET. Balances at the Fed’s facility for Overnight Reverse Repurchase agreements (ON RRPs) have […]

U.S. coal exports reached a six-year record in June 2024

February 5, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook Gross U.S. coal exports in June 2024 totaled 10 million short tons, the most in a month since October 2018, data from our Short-Term Energy Outlook data browser show. Annual average […]

Why Is the President, Not Congress, in Charge of Tariffs?

February 5, 2025 Stu Turley

U.S. President Donald Trump, who once called himself a “tariff man,” is making clear that his love of import duties is more than words on a social media post. The announcement last week that […]

Governors In Bloomberg-Backed Climate Alliance Double Down On Paris Agreement

February 4, 2025 Stu Turley

Governors in the US Climate Alliance are upholding the Paris Accord despite voter rejection, driving up energy costs and prioritizing costly green schemes. Despite a red wave sweeping across America last November, a green wall […]

Trump Agrees with Fed’s Pivot to Wait-and-See after the Fed Bows to Trump on Everything Else to Keep Monetary Policy Independent

February 3, 2025 Stu Turley

By Wolf Richter for WOLF STREET. Trump understands – since he ran on that platform and won in part based on it – that Americans hate, hate, hate inflation, that they’re tired of price increases and tired of […]

What Trump’s Tariffs Did Last Time (2018-2019): No Impact on Inflation, Doubled Receipts from Customs Duties, and Hit Stocks

February 3, 2025 Stu Turley

I watched this stuff last time, amazed by the lack of inflation. Sure, “This time it’s different,” but those are the four most costly words on Wall Street. By Wolf Richter for WOLF STREET. President Trump has now […]

Fueling the Future: LNG, Energy Policy, and Global Impact with Steve Reese

February 2, 2025 Stu Turley

In the Energy News Beat – Conversation in Energy with Stuart Turley, talks with Steve Reese to discuss the global energy sector’s current challenges and opportunities, particularly focusing on Europe’s energy security amid Germany’s reliance […]

Inflation Festers in Core Services, No Progress in 12 Months. PCE Price Index Accelerates for 3rd Month: Justifies Fed’s Pivot to Wait-and-See

January 31, 2025 Stu Turley

By Wolf Richter for WOLF STREET. The sharply falling prices since mid-2022 of energy such as gasoline, and durable goods, such as motor vehicles, had contributed a lot to the cooling of inflation measures. But prices cannot fall […]

Fed Pivots to Wait-and-See, Keeps Rates at 4.25%-4.50%, Restarts Inflation Worries. QT Continues.

January 29, 2025 Stu Turley

And labor market conditions are no longer easing. The reasons for further rate cuts — dropping inflation, weakening labor market — vanished. Pretty hawkish. By Wolf Richter for WOLF STREET. The FOMC voted unanimously today to keep the […]