Texas Holding Consumers Hostage for $33 B in a High-Voltage Heist

Texas ratepayers are on the hook for a $33 billion high-voltage transmission expansion that critics call a classic power grab—funneling guaranteed returns to transmission monopolies, condemning thousands of acres of private land, and primarily enabling more intermittent wind and solar that many of today’s assets won’t economically or physically outlast another decade. The Electric Reliability […]

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US Crude Oil Inventories Decreased by 7.2 mb to 404.5 mb

The U.S. Energy Information Administration (EIA) released its Weekly Petroleum Status Report on July 29, 2026, covering the week ending July 24, 2026. Commercial crude oil inventories (excluding the Strategic Petroleum Reserve) fell by 7.2 million barrels (precisely 7.167 million barrels) to 404.5 million barrels. This marked a sharp draw that far exceeded market expectations […]

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The Energy Balance Globally is Shaken, and Green Energy is Tripling Down, While Oil and Gas Are Unbalanced

ENB Pub Note: This article was first published on the Energy News Beat Substack. Head over there to comment.  Tough times ahead, and countries are picking sides. The world’s energy system is under simultaneous assault from geopolitics and policy ideology. Critical oil and gas flows through maritime and pipeline chokepoints are disrupted or rerouted at […]

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German Industry Warns Energy-Price Shock is Crippling Investment and Growth

German companies are delaying investments and increasingly eyeing production moves abroad as stubbornly high energy costs erode competitiveness, according to the latest survey from the German Chambers of Industry and Commerce (DIHK). The findings, highlighted in a July 27, 2026 Bloomberg report drawing on the DIHK’s Energiewende Barometer 2026, underscore deepening structural pressures from Germany’s […]

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Over 100°F Heat Adding Stress to the AI-laden Grid

Back-to-back heat waves sweeping the United States are pushing electricity grids to a tipping point, as temperatures topping 100°F (38°C) drive households to max out air conditioners while a surge in around-the-clock demand from AI data centers and factories shrinks power reserves and strains decades-old transmission equipment. This is emerging as the new normal for […]

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Texas ERCOT Grid Holds Beyond 91 Gigawatts in Heat Wave – At what cost?

On Wednesday, July 22, 2026, extreme Texas heat drove air-conditioning demand that pushed the Electric Reliability Council of Texas (ERCOT) grid past 91 gigawatts for the first time. Unofficial real-time figures from ERCOT’s website showed a peak around 91,300 megawatts near 5 p.m. CT, with system-wide demand data indicating highs near 91,089 MW. This shattered […]

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Nearly Half of Canadian Manufacturers Are Moving to the US — A Self-Inflicted Wound from Tariffs, Uncertainty, and Costly Green Policies

A recent KPMG survey of 275 Canadian manufacturing firms paints a stark picture: 42% have already shifted some or all production to the United States or are actively planning to do so. Of those, 29% have made the move, while another 13% intend to follow — with 77% of the planners expecting the shift within […]

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