Happy Thanksgiving, and we have a wild Energy News Beat Stand Up for You! Michael and I are very grateful to all the listeners, readers, and patrons of the Energy News Beat Channel and Substack, and to the guests who have to suffer through my horrible jokes. Take a moment today, take a deep breath, […]
Continue ReadingIn the ongoing saga of geopolitical tensions, the energy sector has emerged as a critical battleground. As of November 2025, U.S.-led sanctions are tightening their grip on Russia\’s oil giants, forcing operational halts and asset fire sales that could hasten the end of the Russia-Ukraine war. Two recent developments underscore this pressure: the shutdown of […]
Continue ReadingThe State of California sent a large delegation to the Conference of the Parties (COP) in Belém, Brazil, including California Governor Gavin Newsom and top officials from the California Natural Resources Agency, Department of Food and Agriculture, Air Resources Board, Public Utilities Commission, and Governor’s Office of Tribal Affairs. Interestingly, the leaders of the world’s […]
Continue ReadingThis is an important story that is evolving as we speak. Stu Turley wrote about this a year ago, and it is now evolving into a mix of how the global finance market is morphing into gold-backed securities rather than a security based upon nuclear military might. This is a huge change, and when you […]
Continue ReadingIn a bold move that could reshape America\’s energy landscape, the Trump administration is advancing plans to restart offshore oil and gas drilling along California\’s coastline for the first time in decades. The draft proposal from the Bureau of Ocean Energy Management (BOEM) outlines six lease sales off the Pacific coast, primarily around Santa Barbara […]
Continue ReadingIn a striking reversal that underscores the enduring grip of fossil fuels on the global economy, the International Energy Agency (IEA) has updated its forecast, now projecting that oil demand will continue to climb until at least 2050. Under its Current Policies Scenario (CPS), the IEA anticipates global oil consumption reaching 113 million barrels per […]
Continue ReadingIn the ever-evolving landscape of global energy markets and finance, few concepts have sparked as much debate as the \”petrodollar.\” Coined to describe the system where oil is predominantly priced and traded in U.S. dollars, this arrangement has underpinned American economic dominance for decades. But recent shifts—ranging from Saudi Arabia\’s geopolitical realignments to surging gold […]
Continue ReadingWeekly Daily Standup Top Stories Mike Wirth, Chevron CEO, Believes in the Future of Oil, Gas, and Chevron November 15, 2025 Clark Savage In a landscape where energy markets are grappling with uncertainties around oversupply and the push toward renewables, Chevron CEO Mike Wirth stands firm in his optimism for the oil and gas sector. Speaking […]
Continue ReadingSaudi Aramco, the world\’s largest oil exporter, has announced a series of 17 memoranda of understanding (MoUs) and agreements with U.S. companies, potentially valued at more than $30 billion. These deals build on earlier announcements in May 2025, bringing the total collaboration pipeline with U.S. firms to approximately $120 billion this year. This move underscores […]
Continue ReadingThe Loan is a great thing for consumers and the United States It is interesting to see the backlash on the people not supporting the loan to get a nuclear reactor back online, when it is a great business loan. The US Government will make money, while the consumers will be insulated from prices at […]
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