We are seeing more and more stories of key indicators of the shift back to energy normalcy. A small increase in Rigs this week in the U.S., but globally up 27; however, that is still not enough to increase production and lower prices. We are going to see another swing away from renewables in successful […]
Continue ReadingIn a significant policy reversal, the Trump administration\’s Department of the Interior (DOI) announced new measures to eliminate what it calls \”regulatory favoritism\” toward wind and solar energy projects. This initiative includes an enhanced oversight process for approvals and the termination of fee discounts, signaling a broader effort to level the playing field for traditional […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley, along with industry experts Doomberg,Mike Umbro, and David Blackmon It discusses the ongoing energy and political crisis in California, with a particular focus on the state\’s energy policies, oil production, and refinery shutdowns. We highlight the mismanagement of California\’s resources, the decline in domestic oil production, […]
Continue ReadingIn a world where oil prices are currently languishing below $70 per barrel, with analysts predicting they could average in the mid-$60s for the remainder of 2025, it\’s easy to assume a bearish outlook dominates the energy markets. Yet, beneath this apparent oversupply narrative lies a confluence of factors poised to drive a significant upside […]
Continue ReadingThe U.S. oil industry has been a powerhouse of global energy production for over a decade, largely fueled by the shale revolution and the explosive growth in the Permian Basin. However, a recent analysis from Goldman Sachs has cast a shadow over this narrative. In an interview with Bloomberg TV, Daan Struyven, head of oil […]
Continue ReadingDaily Standup Top Stories Wind and Solar\’s Day of Reckoning is Approaching. Oil and Gas are booming making the Net Zero energy transition impossible Stu Turley Energy Secretary Chris Wright Says Withdrawal from IEA Is Now on the Table July 16, 2025 Clark Savage In a bold move that underscores the Trump administration’s pro-fossil fuel stance, […]
Continue ReadingIn an era where global leaders and environmental advocates push aggressively for Net Zero emissions by 2050, the reality on the ground tells a starkly different story. Oil and gas production are not just holding steady—they\’re booming. Major producers like the UAE, Iraq, Saudi Arabia, Brazil, Guyana, and even Norway are ramping up output, with […]
Continue ReadingSanctions don’t work as intended – Irina Slav – and boy is she right as usual. President Trump is about to step into a pile of Tariff-poo, and that is a technical term. His advisors are ill-informed on the Russia solutions, while his domestic team is on target and running smoothly. We have the greatest […]
Continue ReadingIn a move highlighting the vulnerabilities in the U.S. oil supply chain, ExxonMobil has secured a loan of up to 1 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to address quality issues with Mars crude, a key Gulf of America oil grade. This borrowing aims to prevent potential disruptions at the company\’s […]
Continue ReadingAs the global energy market navigates geopolitical tensions, Russia\’s crude oil shipments have shown a notable rebound in recent weeks, even as the shadow of potential new U.S. sanctions looms large. With President Donald Trump issuing a stark ultimatum tied to the ongoing Russia-Ukraine conflict, the implications for Russia\’s oil and liquefied natural gas (LNG) […]
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