Weekly Daily Standup Top Stories Update on the Chevron Refinery in California – A national security disaster just got worse as a possible drone strike October 4, 2025 Clark Savage The Chevron El Segundo Refinery, located just outside Los Angeles, experienced a significant fire on October 2, 2025, drawing widespread attention due to its role in […]
Continue ReadingDaily Standup Top Stories OPEC+ Has Come Close to Its Limit, Leaving Prices Open to Spike October 8, 2025 Clark Savage In the volatile world of global energy markets, OPEC+—the alliance of oil-producing nations led by Saudi Arabia and Russia—is pushing against its production boundaries. With spare capacity dwindling, the group finds itself in a precarious […] […]
Continue ReadingPodcast with Mike Umbro, and David Blackmon This was a fun podcast featuring Mike Umbro of Californians for Energy and Science, along with David Blackmon of the Energy Impacts podcast. We covered some critical points about the total failure of Gavin Newsom’s war on oil and gas, and you have to ask the real question. Did Gavin Newsom […]
Continue ReadingCalifornia Governor Gavin Newsom has long positioned himself as a climate warrior, pushing aggressive policies to phase out fossil fuels in the Golden State. From banning new fracking permits to imposing setbacks on drilling near communities, his administration has waged what critics call a \”war\” on the oil and gas industry. But with gasoline prices […]
Continue ReadingThis is a National Security issue for the United States Gavin Newsom should be proud. Has absolutely devastated the oil and gas industry in California, and single-handedly wiped out the future development of oil and gas. Even with studies showing that the formations in California need to be drilled to reduce methane due to their […]
Continue ReadingWall Street rediscovers that oil and gas are a much better market than renewables. The world is short Trillions of dollars of investments just to meet decline curves, and the oil and gas companies in the U.S. have been giving shareholder returns thanks to the Governance portion of ESG. This return to investment from Wall […]
Continue ReadingThe company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals. Under BP’s “Current Trajectory,” demand drops 15% by 2050, while in a “Below 2°C” scenario it plunges 70%, with EVs rising to 1.4–2.1 […]
Continue ReadingDaily Standup Top Stories Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges September 27, 2025 Clark Savage ENB Pub Note: This is an excellent article from Irina Slav on Oilprice.com. While the title says advertisers are returning to big oil, I would add investors to the list. I have written several articles […] Chinese Lithium […]
Continue ReadingHow does Warren Buffett’s being right about wind fit into the potential collapse of the Chinese market? Well, the West has just offloaded all of its manufacturing to China over the last 30 years, and now that Donald Trump has been “Wright-sizing” energy, we are seeing a huge potential collapse of the Chinese system. (Pun […]
Continue ReadingUnder the Labour government, North Sea operations face a barrage of measures that critics argue are deliberately stifling investment and production. A 78% tax rate on offshore profits, including a prolonged windfall tax introduced in 2022, has shattered investor confidence and led to slashed capital expenditures. Operators have cut UK investments, with production projected to […]
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