In a move highlighting the vulnerabilities in the U.S. oil supply chain, ExxonMobil has secured a loan of up to 1 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to address quality issues with Mars crude, a key Gulf of America oil grade. This borrowing aims to prevent potential disruptions at the company\’s […]
Continue ReadingDaily Standup Top Stories UAE Says Oil Market Needs More Oil with Healthy Demand July 9, 2025 Clark Savage The global oil market is showing signs of robust demand, according to United Arab Emirates Energy Minister Suhail al-Mazrouei, who recently stated that the market is “thirsty” for additional OPEC+ barrels. Speaking at a biennial […] DOE’s Grid […]
Continue ReadingDaily Standup Top Stories Dutch government scales back offshore wind to preserve fisheries April 29, 2025 Mariel Alumit ENB Pub Note: Focusing on Fishing rather than offshore wind is a good thing. The country is realizing that offshore wind is crippling their fishing industry and not providing the electrical generation that was promised. […] EU’s Green Dream […]
Continue ReadingDaily Standup Top Stories Spain and Portugal Hit by Widespread Blackout April 28, 2025 Clark Savage ENB Pub Note: The grid interconnects between countries are not beneficial for a country’s grid security. If you cannot control it within your own borders, you can not control it outside of your borders, and […] US Urges Eastern Europe to […]
Continue ReadingIn this episode of Energy News Beat Live from NAPE – Conversation in Energy, host Stuart Turley sits down with Jeff Krimmel, an energy analyst and consultant, who shares insights into the oil and gas industry, including Oxy’s high production costs and the challenges faced by high-cost producers. They discuss the impact of carbon capture […]
Continue ReadingDaily Standup Top Stories Trump Reignites Coal Industry at Davos – Make Coal Great Again MCGA January 26, 2025 Clark Savage ENB Pub Note: While President Trump’s remarks are around coal, he says, “Nothing can destroy coal. Not the weather, not a bomb. It’s a great backup.” The topic around the President’s policies and comments sheds […] […]
Continue ReadingDaily Standup Top Stories US DOE releases LNG export study December 18, 2024 Mariel Alumit The Biden administration said in January it will pause pending decisions on exports of LNG to non-FTA countries until DOE can update the underlying analyses for authorizations. According to DOE, this multi-volume study updates DOE’s understanding of […] Russia continues to ship oil directly […]
Continue ReadingDaily Standup Top Stories In protest against LNG export permits, Climate Defiance blocks unused entrance to DOE garage December 16, 2024 Clark Savage The group didn’t provide any information on why they were blocking an unused entrance to the agency’s garage. Radical anti-fossil fuel activist group Climate Defiance on Thursday protested at Energy Department’s Washington, D.C., […]
Continue ReadingStay up to date on all things energy by visiting the TEA Newsroom. America needs Affordable, Reliable, Clean energy security. Granholm warns that cutting EV tax credit would help China. Banning natural gas development would be catastrophic to Pa. Why oil companies are walking back from green energy. Huge power plant eyed to run mystery Louisiana data center. The trillion-dollar question that’s disrupting COP29. Opinion: Trump can topple the […]
Continue ReadingDaily Standup Top Stories Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again) October 20, 2024 Stu Turley ENB Pub Note: Robert Bryce has been on the ENB podcast and the Energy Realities and we highly recommend you subscribe to his Substack Here: https://robertbryce.substack.com/ Last year, Stacey Abrams, a prominent Democrat […]
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