EIA Sees Massive Build in US Crude Inventories

The U.S. Energy Information Administration (EIA) reported a surprise and historically large build in commercial crude oil inventories for the week ending August 7, 2026. Commercial stocks (excluding the Strategic Petroleum Reserve) rose by 17.4 million barrels to 424.4 million barrels—the largest weekly increase since January 2023 and well above analyst expectations of a draw […]

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Millions in Great Britain could face emergency power cuts at short notice – Look for the same issue in Blue U.S. States Soon

Millions of households and businesses across Great Britain now face the prospect of emergency rotating power cuts with as little as eight hours’ notice. The National Energy System Operator (NESO) has new authority—approved quietly by regulator Ofgem—to initiate large-scale load shedding without requiring emergency government powers under the Electricity Supply Emergency Code. Under the changes […]

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Diamondback Energy’s new Midland Basin wells’ results are rising, not sputtering out. SM Energy’s Midland results are overcoming the E&P’s “science-heavy” spell.

In the heart of the Midland Basin, two pure-play Permian operators are delivering a clear message in mid-2026: well productivity is holding up—and in key cases improving—amid ongoing efficiency gains across the broader Permian. Recent Hart Energy/Oil and Gas Investor analysis highlights Diamondback Energy’s (FANG) new Midland Basin wells showing a strong rebound in early […]

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How much would America save at the pump if we got rid of ethanol?

Stu Turley, Energy News Beat Podcast Host, recently highlighted a long-standing debate over ethanol-blended gasoline. After filling up with 89-octane fuel containing up to 10% ethanol (E10) and driving 349 miles, the vehicle averaged 17.4 miles per gallon—well below its typical 22–24 mpg. Switching to ethanol-free gasoline restored performance to 22.3 mpg almost immediately. The […]

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Texas data center pause puts 20% of US pipeline at risk of delay: BNEF

Texas Governor Greg Abbott’s directive pausing new data center interconnections to the ERCOT grid has placed nearly one-fifth of the entire U.S. data center development pipeline at risk of delays, according to analysis from BloombergNEF (BNEF). The move, announced August 3, 2026, requires a comprehensive audit of energy use, water consumption, financing, ownership, and community […]

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US Weekly Rig Count Up Slightly

The latest WellDatabase US Rig Report (dated August 7, 2026) shows the national active rig count rising modestly by 3 week-over-week to 583, up 42 from the same period a year earlier. Oil-directed rigs accounted for the bulk of activity at 427 (+1), with gas-directed rigs holding steady at 127 and smaller contributions from thermal […]

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