US Energy News
If Texas Follows California on a Power-Price Freeze, the Blackout Risk Is Later Winters
Gov.-elect Gina Hinojosa pledges a Day One emergency order to freeze electricity rates. Texas households already pay more per kilowatt-hour than they did in 2020, but far less per kilowatt-hour than Californians, and ERCOT’s January outlook is comfortable. California’s 2000–01 record is a warning, not a prediction: freeze retail prices while costs rise, and the […]
Finance
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Exploration & Production
DOE Closes Its First Oil-and-Gas Loan. Twenty-Two Gulf Platforms Get a Second Life.
A $480 million Energy Dominance Financing loan will modernize Arena Energy platforms off Louisiana. Peak output is projected at up to 38,600 barrels a day — a real add, not a price mover. Secretary Wright told Fox Business it will lower pump prices. Today’s first sub-$4 national average since July has other causes. By Energy […]
Exxon Wants More Permian Barrels. Chevron Wants More Cash. Families and Investors Need Both to Deliver.
Two oil giants are choosing different speeds in West Texas—not walking away from American energy. The real test is what survives the next price cycle. By Energy News Beat | Planned Sunday November 8, 2026 issue | Facts researched November 7, 2026 CST The family-budget question When you pull up to the diesel pump, you […]
Energy News Beat Weekly Rig Report – Comparing Baker Hughes, Enverus and WellDatabase for the Overall Market View
U.S. drilling activity remains firmly elevated on a year-over-year basis even as weekly moves stay modest. Baker Hughes’ traditional rotary count printed 604 active U.S. rigs for the week ending November 6, 2026 (up 1 week-over-week and up 56 from a year earlier). Oil-directed rigs reached 463 (+1) and gas-directed rigs 131 (+1). WellDatabase’s operator-level […]
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