As of March 15, 2026, global oil markets are buzzing with Brent crude prices climbing to $103.82 per barrel, marking a significant milestone above the $100 threshold amid ongoing geopolitical tensions and supply disruptions in key regions like the Strait of Hormuz. Meanwhile, West Texas Intermediate (WTI) crude is hovering just below at $99.30, reflecting […]
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The ongoing conflict involving Iran has sent shockwaves through global energy markets, marking what experts describe as the largest oil supply disruption in history. With the Strait of Hormuz effectively closed to most commercial shipping since late February 2026, approximately 20 million barrels per day (mb/d) of oil and petroleum products—representing about 20% of global […]
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Gavin Newsom has succeeded in taking down the oil and gas market, and this was one of my most important podcasts. Mike Ariza, a refinery expert who has been working in the industry for decades, stopped by the Energy News Beat podcast, and what a show. Mike has been working with several key people in […]
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ENB Pub Note: Unless the Fed steps in as discussed in the article Trump to Invoke Emergency Law for Offshore Oil Producer Sable – Can the Feds Intervene to Save the Refineries? how high will gas and diesel go up in California is a legitimate question Energy experts and industry groups warned elected officials and regulators […]
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By Stuart Turley, Energy News Beat The second offshore oil and gas lease sale in the Gulf of America under President Trump\’s \”One Big Beautiful Bill Act\” (OBBBA) has wrapped up with significantly lower participation and bid volumes than anticipated. Dubbed \”Big Beautiful Gulf 2\” (BBG2), the auction held by the Bureau of Ocean Energy […]
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By Stuart Turley, Energy News Beat In a landmark announcement that underscores America\’s push toward energy dominance, President Donald J. Trump revealed on March 10, 2026, that America First Refining is set to open the first new oil refinery in the United States in nearly 50 years. Located at the Port of Brownsville in South […]
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ENB Pub Note: This article is from the California Globe. Gov. Newsom is presiding over perhaps the largest collapse of the oil industry, refinery operations and gasoline production in U.S. history By Katy Grimes, March 10, 2026 4:34 am With Marathon Petroleum sending a blistering warning to Governor Gavin Newsom and top state officials in a […]
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In the heart of America\’s energy landscape, California stands as a cautionary tale of ideological overreach. Under Governor Gavin Newsom\’s aggressive push toward net zero emissions, the state has waged an unrelenting war on its own oil and gas industry. This crusade, framed as a bold step against climate change, has instead crippled domestic production, […]
Continue ReadingENB Pub Note: I will be interviewing Ronald Stein on Monday to talk about this and other major issues in California. With no crude oil pipelines over the Sierra Mountains, California is an energy island separated from the crude oil supply and the infrastructure of oil refineries from the other 49 States. Thus, all in-state […]
Continue ReadingENB Pub Note: This is a huge story. I just interviewed Katy Grimes last Thursday. It seems like California is intentionally trying to undermine energy security. This is a National Security issue and needs attention from the Trump Administration. California\’s Energy Crisis A Rogue State Threatening National Security By Katy Grimes, California Globe, An energy […]
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