Trump to Invoke Emergency Law for Offshore Oil Producer Sable – Can the Feds Intervene to Save the Refineries?

  In a bold move amid escalating global oil tensions, President Donald Trump is set to invoke the Defense Production Act—a Cold War-era authority—to override California state regulations and fast-track operations for Sable Offshore Corp. This decision targets the reactivation of idle offshore oil platforms off the southern California coast, aiming to bolster domestic crude […]

Continue Reading

Offshore Lease Bidding Lower Than Expected in the Second “Big Beautiful” Gulf of America Sale

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 […]

Continue Reading

EU and California Struggle to Deal with Price Fallout from the Iran Conflict

In the wake of escalating tensions in the Middle East, triggered by the U.S.-led military operation against Iran under President Trump, global energy markets are reeling from sharp price increases. European governments are scrambling to mitigate the inflationary pressures on energy and food, with measures like price caps and restrictions on fuel price fluctuations. The […]

Continue Reading

California’s Energy Crisis: Why Oil Refineries Are Still Essential

Ronald Stein, Author and friend of the Energy News Beat Podcast, stops by! Gavin Newsom has created one of the largest National Security Risks the United States has ever seen. 1. California’s Declining Oil Refining Capacity The transcript focuses heavily on California’s shrinking refining industry. It discusses how Chevron has warned that additional refinery closures […]

Continue Reading

Marathon, Chevron, PBF Warn Governor Newsom of Widespread Refinery Shutdowns, Fuel shortages, Economic Collapse

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 […]

Continue Reading