Burgum suggests stronger USGS role to analyze the potential Says US public lands hold natural resources worth trillions Interior Secretary Doug Burgum touted a plan for mapping deposits of oil, gas and critical minerals on US federal lands, casting it as an opportunity to catalyze development of the energy resources, reduce dependence on foreign suppliers and pare […]
Continue ReadingWeekly Daily Standup Top Stories The End of Coal Is Nowhere In Sight February 17, 2025 Clark Savage Retirement of coal-fired power plants in the West has done nothing to reverse global coal demand. Global coal consumption is set to remain at these high levels—or even hit new all-time highs—for a few more […] ‘BRICS is dead’ […]
Continue ReadingDaily Standup Top Stories Iranian Oil Exports to China are rolling February 19, 2025 Clark Savage Iranian crude oil flows to China have rebounded this month after a U.S. crackdown on shipments launched in late 2024 decimated them in January. In a last-minute push to sanction Iran, the Biden admin blacklisted […] West will have to reconsider […]
Continue ReadingEnding the conflict could open up “historic” opportunities for US-Russian relations, the US secretary of state has said The United States and its allies would have to address the sanctions imposed on Russia in order to achieve an “enduring, sustainable” solution to the Ukraine conflict, US Secretary of State Marco Rubio told journalists in Riyadh […]
Continue ReadingDaily Standup Top Stories Why China is Winning the Nuclear Energy Race February 17, 2025 Clark Savage China has significantly increased its nuclear energy capacity in the last decade, positioning it to become the world’s largest nuclear energy producer. China is actively developing and deploying advanced nuclear technologies, such as small modular […] EU gas imports from […]
Continue ReadingIt was truly an honor to be on the Crude Truth podcast with Rey Trevino, David Blackmon, and Dr. Ed Ireland. There are two videos below; the first is a short 7-minute part about the Russian/Ukraine war peace talks. The Second video is the full interview from Rey’s YouTube feed with the entire discussion. It […]
Continue ReadingChevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that trade restrictions will increase. Exports of synthetic oil from Chevron’s Petropiar project are expected to rise about 50% to about 143,000 barrels a day this month, the highest […]
Continue ReadingUS president Donald Trump has signed an executive order establishing a new council focused on boosting the country’s production and export of fossil fuels. Trump signed another executive order which formally created the National Energy Dominance Council with the primary purpose of driving up domestic oil and gas production. The new council, to be headed […]
Continue ReadingWeekly Daily Standup Top Stories Pushback Begins Against Trump’s Oil Agenda February 9, 2025 Clark Savage West Texas Intermediate has been trading around $70 this week after posting two weeks of declines. The last time shale producers pursued a flat-out production strategy, crude prices tanked to the $40s. Cheap oil may […] Iran Says Trump’s Maximum Pressure […]
Continue ReadingIn Energy News Beat – Conversation in Energy, Stuart Turley speaks with Congressman Pat Harrigan of North Carolina’s 10th District about national security, energy independence, and government accountability. Harrigan shares his journey from the military to politics, expressing concerns over past administrations’ weak foreign policies and emphasizing the critical role of energy security in national security. […]
Continue Reading