California Governor Gavin Newsom has long positioned himself as a climate warrior, pushing aggressive policies to phase out fossil fuels in the Golden State. From banning new fracking permits to imposing setbacks on drilling near communities, his administration has waged what critics call a \”war\” on the oil and gas industry. But with gasoline prices […]
Continue ReadingWeekly Daily Standup Top Stories Dallas Fed Survey Reveals Unrest in America’s Shale Patch September 27, 2025 Clark Savage ENB Pub Note: This article is from David Blackmon’s Substack, and we recommend subscribing. This brings up a huge discrepancy between “Drill Baby Drill” and what is actually happening in the oil and gas industry […] U.S. Shale […]
Continue ReadingWall Street rediscovers that oil and gas are a much better market than renewables. The world is short Trillions of dollars of investments just to meet decline curves, and the oil and gas companies in the U.S. have been giving shareholder returns thanks to the Governance portion of ESG. This return to investment from Wall […]
Continue ReadingIn a rapidly evolving energy landscape, major oil companies are shedding weight to stay competitive amid fluctuating crude prices, mergers and acquisitions, and technological disruptions. As highlighted in a recent Wall Street Journal piece, giants like ExxonMobil are leading the charge with significant workforce reductions—Exxon alone is cutting 2,000 jobs globally, about 3% of its […]
Continue ReadingCalifornia lawmakers just passed legislation to support the oil and gas industry in an attempt to lower costs for consumers. Below, a business professor says the package is overdue but also a piecemeal approach for such a critical problem. The opposing view: an environmental scholar argues that making it easier to drill oil won’t lower gas […]
Continue ReadingU.S. oil hit a record in June (13.58 mb/d), but momentum is fading. Smaller operators are pulling back, and only the majors are still adding barrels. The EIA sees output easing from about 13.6 mb/d late-2025 to roughly 13.2 mb/d by end-2026 as low prices slow drilling and completions. Previously, we reported that U.S. oil production has […]
Continue ReadingWeekly Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced the commencement of the first phase of construction for a cutting-edge nuclear fuel recycling facility in Oak Ridge, […] Treasury […]
Continue ReadingDaily Standup Top Stories California in Talks to Pay Hundreds of Millions to Valero to Stave Off Refinery Shutdown September 10, 2025 Clark Savage In a dramatic turnaround amid California’s escalating energy crunch, state legislators are reportedly negotiating to hand over hundreds of millions of dollars to Valero Energy Corp. to prevent the shutdown of its […]
Continue ReadingBy ZeroHedge The global oil and gas industry is facing a severe downturn with widespread job losses and investment cuts. Falling crude prices, exacerbated by OPEC+ output increases, are making it difficult for western majors to fund projects and shareholder payouts. The downturn is significantly impacting the US shale industry and raising concerns about the future […]
Continue ReadingDaily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced the commencement of the first phase of construction for a cutting-edge nuclear fuel recycling facility in Oak Ridge, […] Hyundai EV […]
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