ENB Pub Note: This article was first run on RHG Phoenix Petroleum’s Blog. We will be interviewing them on the podcast soon. Halliburton executives signaled a positive outlook for North American oilfield activity in 2026 during the company’s second-quarter 2026 earnings release and conference call on July 21, 2026. The Houston-based oilfield services giant highlighted recent gains […]
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The explosive growth of data centers, driven primarily by artificial intelligence, is reshaping America’s electricity landscape. High-end projections now show data centers potentially consuming up to 20% of total U.S. electricity by 2035 in aggressive scenarios—roughly a four- to five-fold increase from today’s ~4-5% share. Even as AI model developers announce efficiency gains, the underlying […]
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The U.S. electric grid faces a critical bottleneck: explosive growth in electricity demand from AI data centers, manufacturing resurgence, and electrification is outpacing the physical expansion of the high-voltage transmission network that moves power across regions. According to energy economists Leonard Hyman and William Tilles in a new OilPrice.com analysis, the country needs roughly 5,000 […]
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The U.S. Strategic Petroleum Reserve (SPR), the world’s largest emergency crude oil stockpile, is facing serious operational challenges after years of massive drawdowns, deferred maintenance, and mismanagement. One of the four primary storage sites has been left inoperable, equipment purchased with taxpayer dollars was left exposed and unusable, and critical infrastructure repairs were neglected. President […]
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In a forceful move against what he describes as entrenched waste, bias, and politicized science in the energy sector, President Donald Trump has ordered a comprehensive review, suspension, and potential debarment of officials tied to fraudulent climate research and manuals used to justify massive regulatory and litigation costs against American energy producers and taxpayers. The […]
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The latest WellDatabase US Rig Report (dated July 18, 2026) shows the U.S. active drilling rig count at 567, marking a solid +11 week-over-week (WoW) increase and +37 year-over-year (YoY) gain. This reflects resilient drilling activity amid a stable-to-rising trend over the past 12 months, with the count holding in the mid-to-high 500s range. Key […]
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ENB Pub Note: Personally, we would like to know why it is that farmers go to jail for killing a single eagle that is killing their animals, but windfarms can eviscerate entire flocks. This story first ran on Cowboy State Daily, and we recommend subscribing to them for their great articles. ‘ More than 23,000 […]
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Crude oil inventories held at storage facilities in Cushing, Oklahoma, fell below 20 million barrels during the week ending June 19 until the week ending July 10, according to our Weekly Petroleum Status Report. Storage facilities for crude oil and petroleum products require a minimum volume of product in their tanks and pipe infrastructure to remain […]
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Energy News Beat Channel | July 16, 2026 Pacific Gas and Electric Company (PG&E) has implemented a Public Safety Power Shutoff (PSPS) affecting approximately 7,800 customers across small portions of 10 counties in Northern and Central California. The action, announced on July 14, 2026, began in the afternoon of July 15 as a precautionary measure […]
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Yasir Arafat, Co-Founder, CTO, & President, stops by the Energy News Beat podcast On July 4th, 2024—America’s 250th birthday—something extraordinary happened that most people missed. Allo Atomics turned on a brand new advanced nuclear reactor for the first time in 50 years. But here’s what makes this truly revolutionary: they designed, built, and achieved criticality […]
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