Daily Standup Top Stories Big Beautiful Bill May Still Yet End the Green New Deal June 29, 2025 Clark Savage Senate Republicans have taken a significant step toward passing President Donald Trump’s sweeping legislative package, dubbed the “One Big Beautiful Bill Act,” with a narrow 51-49 procedural vote on June 28, 2025. This $4.5 trillion […] UK […]
Continue ReadingIn a move that has sparked both environmental and energy security debates, California’s state Senate recently introduced a landmark resolution to scrutinize the state’s reliance on crude oil imports from the Amazon, particularly from Ecuador. This decision follows a visit from Indigenous leaders from Ecuador’s Amazon, including Juan Bay, president of the Waorani Nation, Jhajayra […]
Continue ReadingWeekly Daily Standup Top Stories What Will Happen to the Strait of Hormuz and Oil? Iran’s Threat and Its Global Impact Will Iran retaliate after the U.S. strikes on their nuclear program? Banks Drop the Climate Pretense and Follow the Money: A Shift Back to Fossil Fuels June 22, 2025 Clark Savage The global energy landscape […]
Continue ReadingDaily Standup Top Stories Trump Truths a Strategic Shift: China Can Buy Iranian Oil June 24, 2025 Clark Savage In a surprising pivot, President Donald Trump announced on Truth Social that “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also.” This statement, made on […] China Planned […]
Continue ReadingIn a surprising pivot, President Donald Trump announced on Truth Social that “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also.” This statement, made on June 24, 2025, marks a significant departure from the Trump administration’s “maximum pressure” campaign, reinstated in February 2025, which aimed […]
Continue ReadingChina, the world’s largest crude oil importer and a powerhouse in global energy consumption, has long prioritized energy security as a cornerstone of its economic and geopolitical strategy. With escalating tensions in the Middle East—a region critical to China’s oil and liquefied natural gas (LNG) imports—Beijing’s foresight in building substantial oil reserves and diversifying its […]
Continue ReadingLNGPrime has an update at the bottom for this month\’s India LNG import statistics. I have added the Energy Mix for India, and who they are buying their oil and LNG. Is Oil & Gas Right for Your Portfolio? India’s Energy Mix India’s energy mix is diverse, with a heavy reliance on fossil fuels, particularly […]
Continue ReadingDaily Standup Top Stories Solar Bankruptcies Show US Clean Energy Industry Is on the Edge of a Financial Cliff June 9, 2025 Clark Savage The U.S. clean energy sector, once hailed as the future of sustainable growth, is teetering on the brink of a financial precipice. A wave of high-profile bankruptcies among solar companies in 2024 […]
Continue ReadingWeekly Daily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on the Energy News Beat Podcast, and the secondary sanctions on China and India’s refineries would undoubtedly cause havoc in […]
Continue ReadingU.S. Gulf Coast refiners are facing a tightening supply of heavy crude oil as Chevron’s operational role in Venezuela diminishes, a development driven by U.S. sanctions and geopolitical shifts. With Venezuelan crude exports to the U.S. declining, refiners are scrambling to secure alternative sources to meet their blending needs. This article explores the U.S.’s heavy […]
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