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Phillips 66
Diesel

Phillips 66 to Lay Off Most Workers at Los Angeles Refinery as California’s Refining Woes Deepen

May 25, 2025 Clark Savage

Phillips 66’s decision to shutter its Los Angeles-area refinery by the end of 2025, with layoffs beginning in December, marks another blow to California’s already strained refining sector. The closure, affecting 600 employees and 300 […]

Big Oil Companies

Week Recap: Blackouts, $9 Gas & Shell’s Big Play!

May 17, 2025 Andy Del Prado

Weekly Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, […]

Big Oil Companies

Summer Power Outages Coming Soon!!

May 12, 2025 Andy Del Prado

Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, due […]

Climate Crisis

Newsom’s War On Oil Could Send California Gas Prices To $9, Analyst Warns

May 11, 2025 Stu Turley

ENB Pub Note: This is a national security issue, and Gavin Newsom has deliberately caused it. This week’s podcast with Mike Umbro and Ronald Stein pointed out some key points. The entire transcript is here: […]

teapot refinery
Crude Oil News

Washington unveils another package of sanctions aimed at Iran’s oil shipments

May 9, 2025 Stu Turley

ENB Pub Note: This is a significant sanction, and will impact the tariff discussions this weekend with the Trump administration’s team and China. China is not doing very well, and this weekend will be critical. […]

Climate Crisis

Saudi Price Rise Amid OPEC+ Surge

May 8, 2025 Mariel Alumit

Daily Standup Top Stories Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas? May 7, 2025 Clark Savage Earlier this week, I published an article titled “What does the OPEC+ increase […]

Downstream

Saudi Deficit & US Oil Cuts: What’s Next for Prices?

May 7, 2025 Andy Del Prado

Daily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great […]

Marathon Petroleum
Crude Oil News

Marathon Petroleum Q1 down on earnings due to weak refining margins

May 6, 2025 Clark Savage

Marathon Petroleum Corporation (MPC) released its Q1 2025 earnings results on May 6, 2025, reporting a net loss attributable to MPC of $74 million, or $0.24 per diluted share, compared to a net income of […]

Valero Venicia Refinery - Photo Credit Valero
Big Oil Companies

Ranking the Major Oil Company Q1 Results

May 4, 2025 Clark Savage

ENB Pub Note: Michael and I will cover this article from David Blackmon’s Substack on our Daily Show. We highly recommend subscribing to his and our Substacks. David is at Energy Transition Absurdities Alright, folks, […]

Valero Venicia Refinery - Photo Credit Valero
Diesel

Another Refinery Closure In California Increases States’ Dependency On China

May 2, 2025 Clark Savage

ENB Pub Note: I interviewed Ronald Stein and Mike Umbro for this article, and we had an absolute blast. I am hoping to release that podcast next week. Ronald Stein is dead on right. California, […]

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