The energy sector is facing headwinds as crude oil prices continue their downward spiral, influenced by factors such as U.S. President Donald Trump\’s tariff threats on China, a ceasefire in Gaza, and forecasts of global oversupply. As of October 11, 2025, West Texas Intermediate (WTI) crude oil is trading at $58.90 per barrel, marking a […]
Continue ReadingIn a move that could reshape its portfolio and bolster its financial position, Canadian oil producer Baytex Energy Corp. is reportedly exploring the sale of its U.S. Eagle Ford shale assets for up to $3 billion. The news, first reported by Bloomberg on October 9, 2025, sent Baytex shares up about 4% in trading, reflecting […]
Continue ReadingIn a bold move highlighting the clash between federal energy priorities and California\’s stringent regulations, Houston-based Sable Offshore Corp. is turning to the Trump administration\’s National Energy Dominance Council for help in reviving a stalled offshore oil project off the coast of Santa Barbara. The Santa Ynez Unit, a cluster of offshore fields holding hundreds […]
Continue ReadingThe U.S. Energy Information Administration (EIA) has updated its Short-Term Energy Outlook (STEO), forecasting that U.S. crude oil production will average 13.5 million barrels per day (b/d) in both 2025 and 2026. This projection comes on the heels of a record-breaking July 2025, when U.S. crude oil output hit an all-time high of 13.6 million […]
Continue ReadingPodcast with Mike Umbro, and David Blackmon This was a fun podcast featuring Mike Umbro of Californians for Energy and Science, along with David Blackmon of the Energy Impacts podcast. We covered some critical points about the total failure of Gavin Newsom’s war on oil and gas, and you have to ask the real question. Did Gavin Newsom […]
Continue ReadingCalifornia 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 ReadingThis is a National Security issue for the United States Gavin Newsom should be proud. Has absolutely devastated the oil and gas industry in California, and single-handedly wiped out the future development of oil and gas. Even with studies showing that the formations in California need to be drilled to reduce methane due to their […]
Continue ReadingThe Chevron El Segundo Refinery, located just outside Los Angeles, experienced a significant fire on October 2, 2025, drawing widespread attention due to its role in supplying critical fuels to Southern California. As one of the state\’s key energy facilities, any disruption here can ripple through regional fuel markets. This update covers the latest on […]
Continue ReadingKey topics: Russia/Ukraine Geopolitical influences, California Refinery, and National Security This was a fantastic discussion with Josh Young and David Blackmon covering the global oil and gas markets. We had over 2,000 live viewers and received great questions. We highly recommend subscribing to Josh at Bision Insights. As well as David and our podcasts. The podcast will be available […]
Continue ReadingUkraine\’s intensified bombing campaign against Russian refineries over the last month is creating a severe fuel crisis in Russia while simultaneously having negative repercussions for the environment. The crippled refining capacity is forcing Russia to import gasoline from distant Asian markets, amplifying CO2 emissions through longer transportation routes. This disruption also reverberates through global fuel […]
Continue Reading