MOU violations look like Iran ended their path to a peaceful ending. What does this mean for the oil and gas markets?

The fragile ceasefire and sanctions relief framework between the United States and Iran has collapsed. President Donald Trump’s blunt assessment at the NATO summit in Ankara, Turkey, on July 8, 2026, made that clear: the Memorandum of Understanding (MOU) is “over,” the ceasefire is finished, and he has no interest in further dealings with the […]

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Abandoned oil wells could power AI data centers as energy storage systems

This was originally posted on American Bazaar Online. By Phil Cruver As AI data centers face rising power demands, abandoned oil wells are being repurposed into long-duration energy storage systems that could stabilize electric grids and create new economic value. The recent analysis “The Borehole Battery: From Liability to Long Duration Storage Asset” by Gilles Chaspierre, […]

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Middle East Oil Producers Face Export Hurdles Amid Hormuz Disruptions: Demand Destruction or Market Mispricing? Analyst Views on the Road Ahead for Oil Prices

Middle East oil producers are grappling with significant challenges in selling their crude, even as global benchmark prices (Brent and WTI) have surprisingly softened below or near pre-conflict levels. This comes despite a major supply shock from disruptions in the Strait of Hormuz following the early 2026 Iran conflict (U.S./Israeli strikes on Iran). The market […]

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Largest US power grid PJM escalates emergency actions to avoid blackouts

The largest U.S. regional transmission organization, PJM Interconnection, escalated emergency measures on July 3, 2026, issuing a federal alert to cut electricity consumption across its vast territory amid generator outages, overloaded high-voltage transmission lines, and surging air-conditioning demand from a prolonged heatwave. PJM, which manages the electric grid for approximately 67 million people, activated demand-response […]

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The U.S. is leading SMR Projects Globally

Small Modular Reactors (SMRs) are reshaping the nuclear energy landscape with their compact size (typically up to 300 MWe per unit, versus 1,000–1,400 MWe for traditional large reactors), factory-built modular designs, enhanced safety features, and faster deployment potential. These attributes make SMRs ideal for powering data centers, remote communities, industrial sites, and replacing retiring coal […]

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250 Years of Energy: How America’s Abundant Natural Resources Powered a Rising Nation — And Why Smart Policy Will Determine the Next Century

This article first ran yesterday on the Energy News Beat Substack. From the wood fires that warmed homes and fueled early industry in 1776 to the sophisticated mix powering AI data centers, electric vehicles, and global exports today, energy has been the invisible backbone of American prosperity, innovation, and geopolitical strength. The U.S. Energy Information […]

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Natural Gas and Peak Oil – Doomberg

In a timely new analysis published today, Doomberg challenges conventional peak oil narratives with a provocative twist: it’s “Peak ‘Not Oil.’” The piece highlights how surging U.S. natural gas liquids (NGLs) — particularly propane and butane — are delivering a “tsunami of new supply” that the global economy is rapidly adapting to, rendering a narrow […]

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Europe’s Industrial Death Spiral due to Net Zero Energy may not be recoverable

Europe’s once-mighty industrial engine is sputtering, and Germany—the continent’s manufacturing powerhouse—is at the epicenter of a deepening crisis. High energy costs driven by aggressive Net Zero policies, renewable intermittency, heavy regulations, and carbon pricing are accelerating deindustrialization. Major firms are slashing jobs, closing plants, and relocating production to the United States and Asia, where energy […]

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