Being in the oil and gas business as a family-owned exploration and production company is one of the most significant rewards I have had in my professional career. And the number one question I get is Where are the oil prices going? That is a huge question, and in the past, it was a lot […]
Continue ReadingDaily Standup Top Stories U.S. LNG will be the United States’ largest export product – Secretary Chris Wright On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the first 100 days of the Trump administration’s energy initiatives during the cabinet meeting today. As an oil and gas exploration […]
Continue ReadingENB Pub Note: I am interviewing Mike Umbro and Ronald Stein on this huge California issue tomorrow, and it will be released within a week. California is now considered a national security risk due to Governor Newsom\’s energy policies. BAKERSFIELD, Calif.—As the whir of pumpjacks break the silence at the Poso Creek oil fields near […]
Continue ReadingENB Pub Note: Earlier this week, I published: \”Bill looking to permanently ban oil and gas activities off California\” on the Energy News Beat Substack. And it was pointing out that the energy policies in California are an absolute travesty. I have a podcast scheduled to record next week with Mike Umbro and Ronald Stein, […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, host Stuart Turley interviews industry veterans Mark Stansberry, author of American Needs Energy and its Natural Resources, and Steve Reese, a key figure in the LNG and data center sectors. They discuss a wide range of energy issues, including the impact of tariffs on energy prices, […]
Continue ReadingENB Pub Note: Mike Umbro, a great guest on the Energy News Beat Podcast, was mentioned in the article, and his cover picture. He truly has the right ideas for California, unlike the current political leadership. The oil and gas business has been decimated in California by design. They want you to walk and not […]
Continue ReadingENB Pub Note: While I do believe we may be at peak production in one basin, here is a new quote for you: \”A country\’s energy output is not defined by one basin.\” There are new developments, new technologies, and areas to drill or produce. So the United States has not hit peak production yet, […]
Continue ReadingUS oil producers are struggling to defend margins at $60 WTI due to additional corporate costs that raise the all-in breakeven price. Trade policies and market volatility are threatening US oil production growth, particularly in the Permian Basin, as companies may need to cut back activity to maintain investor payouts. Increased hurdle rates and debt […]
Continue ReadingENB Pub Note: This article from Robert Rapier is spot on. Low oil prices are not always a good thing. When the price is too low, drilling stops, and then when the price comes back up, drilling begins again. We will see a price spike soon, as we are still short 4 trillion in cap […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, host Stuart Turley engages with Doug Sandridge to explore the complex issues surrounding the Diablo Canyon nuclear plant in California. They discuss the impact of the plant\’s closure on the Northern Chumash Tribe, as well as the tribe\’s efforts to purchase the land surrounding the […]
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