For years, net-zero advocates have pointed to Levelised Cost of Energy (LCOE) charts from Lazard, IRENA, and government reports to claim that wind and solar are now the cheapest forms of electricity. These models supposedly prove renewables beat gas, coal, or nuclear on cost. But as Energy News Beat has long argued, this narrative is […]
Continue ReadingENB Pub Note: This article was first published on the California Globe, and I will be interviewing Mike Ariza tomorrow with Professor Mische and David Blackmon on this crisis. California’s Oil and Gas Crisis: From Military Threat to Mass Starvation Since 2023, California’s policies have resulted in a loss of 700,000 barrels per day, or […]
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The 2026 Iran conflict, which escalated in late February with U.S.-Israeli strikes and Iranian retaliation—including the effective closure of the Strait of Hormuz and attacks on energy infrastructure—has triggered the largest supply disruption in global oil market history. Nearly 20% of the world’s oil and significant LNG volumes have been taken offline, sending Brent crude […]
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ENB Pub Note: This article was originally run on OilPrice.com. Stu Turley will be interviewing Dan Doyle in a week or so, and covering the book and insights into the oil industry. A sustained oil supply shock and higher prices are rapidly reigniting U.S. drilling activity, reversing earlier expectations of a muted shale response. Oilfield […]
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By Stuart Turley, Energy News Beat The second offshore oil and gas lease sale in the Gulf of America under President Trump\’s \”One Big Beautiful Bill Act\” (OBBBA) has wrapped up with significantly lower participation and bid volumes than anticipated. Dubbed \”Big Beautiful Gulf 2\” (BBG2), the auction held by the Bureau of Ocean Energy […]
Continue ReadingIn a heated exchange during a recent G7 summit video call, UK Prime Minister Keir Starmer challenged U.S. President Donald Trump on his approach to Middle East policy, particularly regarding Iran\’s nuclear ambitions and regional influence. Starmer, echoing concerns from European allies, accused Trump of lacking a coherent strategy: \”You have no plan beyond bluster […]
Continue ReadingDaily Standup Top Stories Biden Illegally Diverts Billions to Build Floating Wind Turbines! June 22, 2024 Stu Turley Guest Post from David Wojick at CFact. The Biden Administration is illegally redirecting hundreds of millions of dollars in highway grant money to fund construction of floating wind manufacturing facilities. The funding mechanism is the INFRA […] In Case You […]
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