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Crude Oil News

US Oil Rig Count Stalling While Output Soars

October 18, 2025 Clark Savage

In the dynamic world of energy production, the United States continues to defy expectations. Despite a stagnant rig count, U.S. crude oil output has reached unprecedented heights, showcasing remarkable efficiency gains and technological advancements in […]

Climate Crisis

Department of Energy Cancels Another $7.6 Billion in Energy Project Funding

October 2, 2025 Clark Savage

In a move that underscores the Trump administration’s commitment to fiscal responsibility and energy priorities, the U.S. Department of Energy (DOE) has announced the termination of 223 energy projects, canceling approximately $7.56 billion in federal […]

Trisha Curtis with the Petronerds, on the Energy News Beat podcast
Crude Oil News

Peak Permian? The U.S. Oil Boom Isn’t Over — Trisha Curtis Exposes the Truth

September 26, 2025 Clark Savage

In this episode of Energy Newsbeat – Conversations in Energy, Stu Turley dives deep with Trisha Curtis, CEO of PetroNerds, in a no-holds-barred conversation on the myths of peak Permian, U.S. shale resilience, OPEC’s bluff, China’s […]

Crude Oil News

Ten counties in the Permian Basin account for 93% of U.S. oil production growth since 2020

September 3, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Petroleum Supply Monthly (total U.S. production) and Enverus (county-level data) Data values: U.S. Field Production of Crude Oil Between 2020 and 2024, total crude oil and lease condensate production in the United States grew by […]

Downstream

Did Fed Chair Jerome Powell Buy Oil Stocks?

August 25, 2025 Andy Del Prado

Daily Standup Top Stories What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? August 23, 2025 Clark Savage Federal Reserve Chair Jerome Powell’s annual address at the Jackson Hole […]

Crude Oil News

US Rig Count Falls as Drillers Play it Safe

August 22, 2025 Clark Savage

The U.S. rig count continues its downward trend, reflecting a cautious approach by drillers amid fluctuating oil prices, economic uncertainties, and a focus on capital discipline rather than aggressive expansion. According to the latest data […]

How Much Energy Does ChatGPT’s Newest Model Consume - We cover the other AI programs as well -Created by Grok on X
AI

How Much Energy Does ChatGPT’s Newest Model Consume? – We cover the other AI programs as well

August 16, 2025 Clark Savage

The rapid evolution of artificial intelligence (AI) is transforming industries, but it’s also raising alarms about its escalating energy demands. OpenAI’s ChatGPT, one of the most widely used AI chatbots, exemplifies this trend. As models […]

Crude Oil News

Lease Sale in New Mexico Generates Over $58 Million in Revenue

July 24, 2025 Clark Savage

SANTA FE, N.M. – Today, the Department of the Interior announced the Bureau of Land Management New Mexico State Office leased 16 parcels totaling 7,501.76 acres for $58,260,939 in total receipts for its quarterly oil and […]

EIA News

Week Recap: What’s Behind OPEC+’s Bold Move to Increase Oil Supply?

May 10, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed […]

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 […]

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