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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New York Governor Kathy Hochul signed an executive order on July 14, 2026, imposing the country’s first statewide moratorium on new large-scale data centers. The order halts permitting for facilities requiring 50 megawatts (MW) or more of electricity for up to one year while regulators study impacts on the electric grid, water resources, and local […]
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Exelon Corporation, America’s largest electric utility by customer count, is sounding the alarm. Its CEO, Calvin Butler, has warned that the United States could face blackouts as early as 2027. This comes amid surging electricity demand — driven heavily by AI data centers — and chronic underinvestment in new power generation and grid infrastructure. At […]
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In May 2026, Axios reported on classified U.S. intelligence indicating that Cuba has acquired more than 300 military attack drones from Russia and Iran since 2023. The drones are stored at strategic locations across the island, with Cuban officials recently seeking additional units and equipment from Russia. This development, amplified in recent social media discussions, […]
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California is escalating its legal and political confrontation with the Trump administration over energy policy. As detailed in a recent OilPrice.com analysis, Governor Gavin Newsom’s administration and state officials are pushing back hard against federal actions favoring fossil fuels, including the reallocation of offshore wind funds, challenges to the California Coastal Commission, and the use […]
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Despite crude oil prices easing significantly after the sharp spikes tied to the 2026 Iran-related conflict and Strait of Hormuz disruptions, retail prices for gasoline, diesel, and jet fuel remain elevated or are rebounding. This is creating pain at the pump and for businesses, even as the broader “crude crisis” appears to be fading. As […]
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A fresh wave of progressive Democrats, including self-described democratic socialists, is poised to reshape the Democratic Party’s approach to climate and energy policy. Fresh off primary victories that unseated moderate incumbents in safe blue districts, these lawmakers aim to revive and expand the Green New Deal (GND) to address the explosive energy demands of artificial […]
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Russia’s domestic fuel shortage has escalated dramatically in July 2026, moving beyond diesel queues at gas stations to kerosene shortages, grounded or limited flights, and export bans on key refined products. Ukrainian drone strikes on refineries and the shadow fleet tankers are removing substantial refined product supply from both domestic and global markets. This is […]
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