In a landscape dominated by headlines about renewable energy and the push toward net zero emissions, a new report from Wood Mackenzie delivers a sobering reminder: global oil demand is far from fading. According to the consultancy\’s Energy Transition Outlook 2025-2026, released in late October 2025, oil demand won\’t peak until 2032—two years later than […]
Continue ReadingIn a surprising turn for energy markets, the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA) reveals a drawdown in U.S. commercial crude oil inventories, challenging the prevailing narrative of an oil glut that has weighed on prices in recent months. For the week ending October 17, 2025, crude stocks fell […]
Continue ReadingIn an era dominated by headlines of geopolitical tensions—from Middle East conflicts to trade wars—the real threat to global energy stability may lie in something far more mundane: neglect. While trillions of dollars pour into renewable energy sources, promising a green future, the oil and gas sector grapples with chronic underinvestment. This imbalance risks creating […]
Continue ReadingDaily Standup Top Stories Warren Buffett Was Right About Wind Energy, and You Should Not Invest in It Without Tax Breaks and Subsidies September 20, 2025 Clark Savage In the world of renewable energy, few voices carry as much weight as Warren Buffett, the legendary investor and CEO of Berkshire Hathaway. Buffett has long been candid […]
Continue ReadingWeekly Daily Standup Top Stories America’s Grid is Nearing Its Breaking Point September 14, 2025 Clark Savage The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. As demand surges from emerging technologies like artificial intelligence, data centers, and electric vehicles, an aging […] $14 Trillion Stock Rally […]
Continue ReadingU.S. oil hit a record in June (13.58 mb/d), but momentum is fading. Smaller operators are pulling back, and only the majors are still adding barrels. The EIA sees output easing from about 13.6 mb/d late-2025 to roughly 13.2 mb/d by end-2026 as low prices slow drilling and completions. Previously, we reported that U.S. oil production has […]
Continue ReadingDaily Standup Top Stories America’s Grid is Nearing Its Breaking Point September 14, 2025 Clark Savage The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. As demand surges from emerging technologies like artificial intelligence, data centers, and electric vehicles, an aging […] $14 Trillion Stock Rally Expects […]
Continue ReadingThe U.S. Energy Information Administration (EIA) revealed its latest Brent spot price forecast for 2025 and 2026 in its September short term energy outlook (STEO), which was released on September 9. According to its latest STEO, the EIA expects the Brent spot price to average $67.80 per barrel in 2025 and $51.43 per barrel in […]
Continue ReadingWeekly 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 Economic Symposium is always a pivotal moment for global markets, and his 2025 speech, delivered on August 22, was […]
Continue ReadingDaily Standup Top Stories The True Cost of Renewable Energy and the Impact on Consumers\’ Electrical Bills What does the EU, UK and ERCOT have in common? Stu Turley Climate change supporters and their media try to hit Net Zero by 2050, but at what cost – Doug Sheridan August 26, 2025 Clark Savage ENB Pub […]
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