As the world grapples with the ongoing Strait of Hormuz crisis—triggered by the 2026 Iran conflict and resulting in the near-closure of a chokepoint carrying roughly 20% of global oil trade—energy security has never been more critical. North Dakota is positioning itself for a dramatic encore: a second Bakken boom powered by enhanced oil recovery […]
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In a landmark testimony before the Senate Appropriations Subcommittee and follow-up statements, U.S. Treasury Secretary Scott Bessent has outlined a bold new strategy: expanding permanent dollar swap facilities with Gulf and Asian allies to reinforce U.S. dollar dominance amid global energy shocks. This comes as the traditional petrodollar framework—anchored by a 50-year arrangement with Saudi […]
Continue ReadingIn the volatile world of energy markets, oil prices have stabilized around $60 to $65 per barrel throughout much of 2025 and into early 2026, a level that might typically pressure major oil companies\’ stock performance. Yet, industry giants Chevron (CVX) and ExxonMobil (XOM) have demonstrated remarkable resilience, with their shares holding steady or even […]
Continue ReadingIn the ever-volatile world of oil markets, few voices carry as much weight as that of Harold Hamm, the billionaire wildcatter and founder of Continental Resources. As oil prices hover in the low $50s to $60s per barrel amid global oversupply and weakening demand, Hamm has made headlines with his stark assessment: there\’s simply no […]
Continue ReadingIn an era where global energy dynamics are shifting, South America is emerging as a powerhouse in the oil sector, poised to drive significant growth in non-OPEC+ oil supply through 2030. According to recent analysis from Rystad Energy, the region will add over 560,000 barrels per day (bpd) of crude and condensate this year alone, […]
Continue ReadingWeekly Daily Standup Top Stories Solar Shares Rise as Trump Hit to Credits Softer Than Feared August 17, 2025 Clark Savage In a surprising turn for the renewable energy sector, solar stocks have surged following the Trump administration’s latest guidance on tax credits for wind and solar projects. Released on August 15, 2025, the new rules […] […]
Continue ReadingDaily Standup Top Stories Energy Transition Stalls as Oil Super-Cycle Risks Return August 19, 2025 Clark Savage ENB Pub Note: This is an outstanding article from Irina Slav at Oilprice.com. She brings up some fantastic points, and for investors looking for returns, there is the precursor of an oil super-cycle looming. Stu […] What Should Investors Look […]
Continue ReadingENB Pub Note: This is an outstanding article from Irina Slav at Oilprice.com. She brings up some fantastic points, and for investors looking for returns, there is the precursor of an oil super-cycle looming. Stu has been a permabull, and this has all the warning signs of what to look for in investing in cycles. […]
Continue ReadingSouth America is emerging as the epicenter of a new oil boom, with Brazil, Guyana, and Argentina leading the charge. As global oil majors like ExxonMobil, Chevron, and others pivot to these resource-rich nations, their low-cost, low-emission production opportunities are reshaping drilling programs and offering significant implications for investors and corporate balance sheets. Drawing from […]
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Daily Standup Top Stories Wind Farms Are Overstating Their Output — And Consumers Are Paying For It February 3, 2024 Stu Turley Dozens of British wind farms run by some of Europe’s largest energy companies have routinely overestimated how much power they’ll produce, adding millions of pounds a year to consumers’ electricity bills, according to market […]
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