In the ever-volatile world of energy markets, the latest data from the U.S. Energy Information Administration (EIA) has sent ripples through the industry. For the week ending August 15, 2025, U.S. crude oil inventories experienced a significant drawdown, dropping by 6.01 million barrels—far exceeding market expectations of a modest 0.85 million barrel decline. This brought […]
Continue ReadingThis was a crazy week on the news desk. Check out the Energy News Beat Substack on the Alaskan Summit we put out this morning. Trump to Hold Off Hiking China Tariffs Over Russia Oil Purchases – Straight to Peace Treaty The crazy part about Germany\’s Net Zero plans is that the UK, the EU, and […]
Continue ReadingDaily Standup Top Stories Germany’s Net Zero Plans Include Taxing the Sun and Closing Stable Power Plants August 10, 2025 Clark Savage In a bizarre twist of environmental policy, Germany’s push toward Net Zero emissions has evolved into what critics are calling a “tax on the sun.” This comes amid the country’s aggressive shutdown of reliable […]
Continue ReadingCrude oil prices have risen to a three-week high due to a larger-than-expected drop in U.S. oil inventories reported by the American Petroleum Institute. President Trump’s threat of tariffs on countries importing Venezuelan crude has led to a slowdown in loadings at Venezuelan ports, further tightening the global supply. While sanctions are pushing prices up, […]
Continue ReadingDaily Standup Top Stories Chevron Out, Black Market In? The Fallout of U.S. Sanctions on Venezuela March 19, 2025 Clark Savage Revoking Chevron’s license in Venezuela could drive oil sales back underground, reducing transparency and benefiting corrupt intermediaries. Sanctions on Venezuela have had mixed effects. Removing licenses may disrupt Venezuela’s foreign exchange market and private sector. […] […]
Continue ReadingPresident Trump is meeting with oil industry executives to address falling oil prices and the impact of his administration\’s tariff policies. The meeting comes as U.S. shale producers express concerns about profitability at current oil prices, challenging the \”drill, baby, drill\” narrative. Discussions are expected to cover the impact of trade tensions and tariffs on […]
Continue ReadingDaily Standup Top Stories DAVID BLACKMON: Trump Zeroes In On American Energy In Congressional Speech March 5, 2025 Mariel Alumit Unlike his predecessors, President Donald Trump always seems to have energy and its impacts to the lives of all Americans at the top of his mind. Following his stemwinding acceptance speech at the Republican National […] .@POTUS […]
Continue ReadingDaily Standup Top Stories DAVID BLACKMON: Trump Zeroes In On American Energy In Congressional Speech March 5, 2025 Mariel Alumit Unlike his predecessors, President Donald Trump always seems to have energy and its impacts to the lives of all Americans at the top of his mind. Following his stemwinding acceptance speech at the Republican National […] .@POTUS […]
Continue ReadingCrude oil inventories in the United States saw an increase of 3.6 million barrels during the week ending February 28, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were down prior to the crude data release by the U.S. Energy Information Administration, even after the American Petroleum […]
Continue ReadingWeekly Daily Standup Top Stories Newsom Calls Emergency Session To Trump-Proof California, Defend Climate Policies And More November 9, 2024 Mariel Alumit Gavin Newsom called a special legislative session to ‘fight’ President-elect Trump, citing him as a threat to California’s climate programs and more. On Thursday, California Governor Gavin Newsom (D) called a special legislative session […]
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