In a decisive step to safeguard Florida’s electric grid amid rising electricity demand, the U.S. Department of Energy (DOE) issued a 90-day emergency order on June 4, 2026, directing the Orlando Utilities Commission (OUC) to keep its 465-MW coal-fired Stanton Unit 1 at the Stanton Energy Center running instead of moving it into cold shutdown. […]
Continue Reading
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 […]
Continue Reading
A new analysis from the Energy Institute at Haas at UC Berkeley quantifies what many in the energy sector have long known: the shale gas revolution, powered by hydraulic fracturing and horizontal drilling, has delivered extraordinary savings to American consumers. According to Lucas Davis’s May 2026 working paper and accompanying blog post, shale gas has […]
Continue Reading
Week Ending May 8, 2026 U.S. Rig Count Edges Higher for Third Straight Week The Baker Hughes U.S. rotary rig count rose by 1 rig to 548 for the week ending May 8, 2026. Here is the Full WellDatabase Weekly Report We recommend getting a Subscription at WellDatabase! This marks the third consecutive weekly increase […]
Continue Reading
A compelling chart shared on X (formerly Twitter) by Dr. Matthew M. Wielicki (@MatthewWielicki) cuts through the rhetoric on renewable energy. It ranks U.S. states by electricity affordability and overlays whether they enforce Renewable Portfolio Standards (RPS) and participate in cap-and-trade programs like the Regional Greenhouse Gas Initiative (RGGI). The top 10 most affordable states […]
Continue Reading
U.S. energy firms pulled back drilling activity for the second straight week, with the Baker Hughes rig count falling 9 rigs to 543 total active rigs for the week ending March 27, 2026. This marks the sharpest single-week decline since early 2026 and leaves the U.S. count down 49 rigs (8.3%) from the same week […]
Continue ReadingBy Stuart Turley, Energy News Beat January 31, 2026 The latest Baker Hughes rig count report, released on January 30, 2026, shows a modest uptick in U.S. drilling activity with the total rig count climbing by 2 to 546. This marks a slight rebound from the previous week\’s 544 rigs. However, the figure remains significantly […]
Continue ReadingThe latest weekly rig count report from Baker Hughes, released on November 14, 2025, shows a modest increase in U.S. drilling activity. The total number of active rigs in the United States rose by one to 549, marking a slight uptick amid ongoing fluctuations in the energy sector. This comes as the industry navigates volatile […]
Continue ReadingIn the ever-volatile world of energy markets, the U.S. oil and gas sector continues to defy simple narratives. As of late October 2025, the U.S. rig count has dipped to 550 active rigs, marking a decline of 35 rigs compared to the same period last year. This drop comes even as domestic crude production hovers […]
Continue ReadingOverview of Rig Counts The latest data from Baker Hughes indicates that drilling activity in the United States remains relatively stable amid fluctuating oil prices. As of the week ending October 17, 2025, the total U.S. rig count stood at 548, marking an increase of 1 rig from the previous week. This includes 418 oil […]
Continue Reading