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 and set up for disaster use. I have taken the time to learn how to get the rooftop solar, […] House Votes […]
Continue ReadingENB Pub Note: When the United States or China need additional money, they just print more than what they need. That system is set up for failure, but when Russia, Iran, Iraq, and other OPEC+ members need extra cash, they drill more and throw the product on a dark fleet tanker to avoid sanctions. The […]
Continue ReadingENB Pub Note: Why is this story from Tsvetana Parsskova from Oilprice.com important? Iran first learned, then developed ways to survive United States sanctions, and was an early adopter in the Dark Fleet, also known as the Shadow Fleet. Russia then built upon the success Iran had achieved with the shadow fleet and expanded it […]
Continue ReadingDaily Standup Top Stories The steep learning curve America faces if it wants to return to previous shipyard glory days April 15, 2025 Stu Turley ENB Pub Note: Interesting article from America’s Shipyards. While we retool the 19,000 manufacturing shops that the Democrats and Republicans shipped to China, we should also look at building our commercial […]
Continue ReadingENB Pub Note: Excellent article from Tsvetana Paraskova for Oilprice.com. This brings up a talking point that I have been tracking. When the U.S. or other countries need extra money, they just print it, and when countries in OPEC+ that do not have access to print additional revenue, they just drill for oil and gas. […]
Continue ReadingDaily Standup Top Stories U.N. Maritime Agency Slaps First-Ever Emissions Tax On Shipping In Latest Money Grab April 14, 2025 Mariel Alumit The International Maritime Organization approved the first global shipping carbon tax, drawing backlash from shippers, oil states, and Trump officials. The UN’s International Maritime Organization (IMO) held a meeting in London on Friday at […]
Continue ReadingENB Pub Note: How this plays into the OPEC and OPEC+ production quotas has yet to be announced. We know that Saudi Arabia needs the 80 dollar range of oil for its fiscal budgets for its social programs, so we may see some production activity announced in the next meeting. The problems with the OPEC […]
Continue ReadingThe plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape with stunning speed. Brent crude, the global benchmark, tumbled 13% through Thursday and Friday to just over $66 a barrel, casting new […]
Continue ReadingENB Pub Note: This article first ran on The Crude Truth Substack by Rey Trevino here: https://crudetruth.substack.com/p/what-is-impacting-oil-prices-today. I agree with the article and the author, but what do you think? Do you think Saudi Arabia can control production, or will it just give up? When countries that can just print money do it, what is […]
Continue ReadingOPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump’s tariffs. The group led by Saudi Arabia and Russia will add 411,000 barrels a day to the market next month, the equivalent of three monthly tranches from its previous plan to revive […]
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