In the latest weekly update from Baker Hughes, the US rig count has ticked higher, reaching 551 active rigs as of March 6, 2026. This marks a modest increase of 1 rig from the previous week\’s count of 550, signaling a potential rebound amid surging West Texas Intermediate (WTI) crude prices. The rise comes against […]
Continue ReadingIn an era of escalating geopolitical tensions and accelerating climate goals, the global energy landscape is a powder keg of vulnerabilities and opportunities. As of March 2026, the world grapples with surging energy demands from AI data centers, volatile oil prices amid Middle East conflicts, and the uneven push toward net-zero emissions. This article examines […]
Continue ReadingENB Pub Note: This is an outstanding article from Giacomo Prandelli\’s Substack \”The Merchants News\”. He has been on the Energy News Beat Podcast, and we are looking to have him on again. He is a great author, and we recommend subscribing to his Substack. Lloyds of London appears to be the holdup now, and […]
Continue ReadingThis was a wild discussion of the current global oil and gas markets with David Blackmon and Stu Turley. We covered stories from Energy News Beat and David’s Substack. And a shout-out to Urs, one of our readers. We are looking forward to paying for dinner in Cuba. If you only have time for one […]
Continue ReadingBy Stuart Turley, Energy News Beat In a bold move to safeguard global energy supplies, President Donald J. Trump announced the \”Security of Maritime Trade\” initiative on March 3, 2026, directing the United States International Development Finance Corporation (DFC) to provide political risk insurance and financial guarantees for maritime shipping through the Persian Gulf. This […]
Continue ReadingENB Pub Note: I will be interviewing Ronald Stein on Monday to talk about this and other major issues in California. With no crude oil pipelines over the Sierra Mountains, California is an energy island separated from the crude oil supply and the infrastructure of oil refineries from the other 49 States. Thus, all in-state […]
Continue Reading\”Energy Security Starts at home, and Energy Dominance comes through your exports, But your energy dependence is defined by who you import from\”. – Stu Turley. The European Union is once again grappling with an escalating energy crisis in early 2026, driven by geopolitical tensions that have disrupted key supply routes. With Ukraine halting Russian […]
Continue ReadingBy Stuart Turley, Energy News Beat Channel As tensions in the Middle East escalate into full-blown conflict, the global energy market is on high alert. The U.S.-Israeli strikes on Iran, dubbed Operation Epic Fury, began on February 28, 2026, targeting Iranian leadership and infrastructure. In retaliation, Iran has effectively weaponized the Strait of Hormuz, the […]
Continue ReadingThe escalating conflict between the United States, Israel, and Iran, marked by military strikes and retaliatory actions, has thrust the global oil market into turmoil. As of March 1, 2026, Iran\’s threats to close the Strait of Hormuz—a narrow waterway handling about 20% of the world\’s oil trade—have already led to voluntary halts in tanker […]
Continue ReadingPresident Trump\’s rallying cry of \”Drill baby Drill\” has become a staple of his energy policy, emphasizing aggressive expansion of domestic fossil fuel production. Yet, the true engine behind the U.S. shale revolution over the past decade hasn\’t been unchecked drilling—it\’s been a story of fiscal responsibility, operational efficiency, and strong leadership within the industry. […]
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