African Joins BRICS

Daily Standup Top Stories The Harsh Reality of the Global Energy Transition September 2, 2024 Stu Turley The energy transition, which has become a focus of governments around the world, is the global shift from fossil fuels to renewable energy sources. The reality is that global energy demand growth has consistently outpaced […] Saudi Arabia Expected to […]

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Yellen needs $3 Trillion for Climate Transition

Daily Standup Top Stories Amazon claims to power all its operations with renewable energy. If only that were true. July 29, 2024 Mariel Alumit When Amazon announced this month that it had achieved 100% renewable energy seven years ahead of schedule, that sounded like really good news for Virginia. Amazon owns more data centers here than anyone else, […]

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Court blocks Biden\’s LNG Ban

Daily Standup Top Stories Court blocks Biden admin’s ban on new LNG exports – Is this because of the Chevron Deferenence Supreme Court Decision? July 1, 2024 Stu Turley A federal judge issued a ruling Monday that blocks the Biden administration’s ban on new exports of liquefied natural gas (LNG) following a challenge by a group of more […]

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Biden to Raid Strategic Oil Reserve Dry

Daily Standup Top Stories Joe Biden Plans to Use Oil Reserves to Artificially Lower Gas Prices Before the November Election June 18, 2024 Mariel Alumit Joe Biden plans to deplete the U.S. oil reserves to artificially lower gas prices just months before the presidential election. When Biden took office in January 2021, the nationwide average gas […]

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Oil Prices DROP 4%

Daily Standup Top Stories U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC June 3, 2024 Mariel Alumit The U.S. House of Representatives voted largely along party lines to prevent the Federal Reserve from issuing a central bank digital currency. The CBDC Anti-Surveillance State Act, introduced by Majority Whip Tom Emmer (R-Minn.), seeks […] Saudi […]

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Blackrock LOVES Oil Now?

Daily Standup Top Stories Replacing a Talen Energy coal-fired power plant with battery storage is infeasible: PJM May 6, 2024 Mariel Alumit An 800-MW, four-hour battery is “not a realistic option” for replacing Talen Energy’s 1,280-MW, coal-fired Brandon Shores power plant near Baltimore, according to the PJM Interconnection. The Sierra Club’s proposed battery storage solution to […]

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Biden vs. Oil

Daily Standup Top Stories China’s state planner warns intensified EV price war on oversupply April 22, 2024 Mariel Alumit SHANGHAI, April 22 (Reuters) – China’s state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said in […] Biden’s damaging […]

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Daily Energy Standup Episode #322 – US Gasoline Reserve Sale and China\’s Oil Access Blocked

Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding bill up for discussion at U.S. Congress says. Under the draft text of the bill, “the Secretary […] US funding bill blocks […]

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