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: […]
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. […]
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 […]
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 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 […]
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, […]
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, […]
ENB 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 […]
Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Note: HGLs=hydrocarbon gas liquids In 2024, U.S. exports of total petroleum products increased to a record 6.6 million barrels per day (b/d) annual average. Annual U.S. petroleum product exports […]
Valero will close its Benicia Refinery, adding to the oil industry exodus from California and pushing gas prices even higher. Valero Energy Corporation has announced it will idle or close its Benicia Refinery in California, […]
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