The IEA Now Thinks Oil Demand Will Keep Rising Until 2050. Energy Reality is Setting In.

In a striking reversal that underscores the enduring grip of fossil fuels on the global economy, the International Energy Agency (IEA) has updated its forecast, now projecting that oil demand will continue to climb until at least 2050. Under its Current Policies Scenario (CPS), the IEA anticipates global oil consumption reaching 113 million barrels per […]

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“There is No Oil Glut,” According to ConocoPhillips CEO Ryan Lance

Daily Standup Top Stories Where’s the Glut? Says ConocoPhillips CEO Ryan Lance October 15, 2025 Clark Savage In the ever-volatile world of oil markets, ConocoPhillips CEO Ryan Lance has recently challenged the prevailing narratives of an impending oil surplus. Speaking at a recent industry event, Lance questioned the notion of a glut, […] Occidental CEO Hollub Sees […]

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Fossil Fuels Will Power the AI Revolution, Saudi Aramco CEO Says – So we ask, who do you invest?

In a bold assertion that underscores the ongoing tension between global energy transitions and surging technological demands, Saudi Aramco CEO Amin Nasser declared that fossil fuels, rather than renewables, will be the primary force driving the electricity surge needed for artificial intelligence (AI) and electric vehicles (EVs). Speaking at an industry conference on October 13, […]

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Oil and Gas-Rich Alberta Forecasts Unexpected Budget Surplus – Should Albertans get to keep the money?

Alberta, Canada’s oil and gas powerhouse, has delivered a stunning fiscal surprise, posting an $8.3 billion (CAD) budget surplus for the 2024-25 fiscal year, far exceeding the modest $355 million projection in its February budget. This windfall, driven by soaring resource royalties, robust oil prices, and record production, underscores Alberta’s pivotal role in Canada’s energy […]

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What Caused the MASSIVE Spain Blackout?!

Daily 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 […]

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Reserve Refill Begins

Daily Standup Top Stories Chris Wright Moves to Refill The Strategic Petroleum Reserve March 9, 2025 Clark Savage Many people are curious about the Trump administration’s plans to refill the Strategic Petroleum Reserve (SPR) that was so callously abused by whomever was making decisions in the Biden administration, which drew this national security […] Canada’s Final US […]

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