Category: Fossil

Permian Basin Oil Field at Risk of Poisonous Water Leaks, Texas Railroad Commission Warns

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The Permian Basin, the heart of U.S. oil production, is grappling with a mounting crisis as toxic wastewater from fracking threatens environmental catastrophe and production setbacks. The Texas Railroad Commission (RRC), the state’s oil and gas regulator, has issued urgent warnings about “widespread” underground pressure increases caused by wastewater disposal, risking poisonous leaks, higher crude […]

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Trump Revives NY Wind Project

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Daily Standup Top Stories Saudi Arabia poised to increase summer crude burn for power May 20, 2025 Clark Savage There are several ways to look at Saudi Arabia’s use of crude oil to burn for electrical generation. First, it is fiscally responsible, but it may not be the best long-term solution for their local […] QatarEnergy eyes […]

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IEA\’s Oil Demand Data: Trustworthy?

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Daily Standup Top Stories How Republicans got roped into a deal that keeps the IRA—and why there’s still time to fix it May 19, 2025 Clark Savage ENB Pub Note: This article is from Alex Epstein’s Substack, and I highly recommend subscribing and supporting his work here: Energy Talking Points by Alex Epstein.  I have interviewed Alex […]

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IEA revised historical oil demand data, can we trust the numbers? Is this price manipulation?

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ENB Pub Note: An excellent story from the Crude Truth Subsack, and we recommend following them. https://crudetruth.substack.com/p/iea-revised-historical-oil-demand. There are some real issues going on in the overall pricing of oil and gas in the global markets. It used to be based upon supply and demand, and I have been questioning the data for years. What […]

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Summer Power Outages Coming Soon!!

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Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, due to high demand and retiring plants. It seems likely that extreme heat could strain the grid, potentially causing […] Newsom asks […]

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Saudi Price Rise Amid OPEC+ Surge

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Daily Standup Top Stories Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas? May 7, 2025 Clark Savage Earlier this week, I published an article titled “What does the OPEC+ increase of 411,000 mean to the United States?” I was asked about Saudi Arabia’s increase in the Asia market and how […]

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