ENB Pub Note: Mike Umbro on X – Kern County general fund faces $9 million deficit in 2025 | KGET 17 News Kern County was the #1 oil producing county in the United States in 20213. 12 years later after Newsom’s shutdown…Kern County is broke. Kern County general fund faces $9 million deficit in […]
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 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 ReadingSix workers have been injured as a result of a fire at California’s Martinez Refining Company A massive fire broke out at a refinery in Martinez, California on Saturday, prompting a shelter-in-place order for surrounding neighborhoods due to concerns about air quality. The order has since been lifted. The blaze erupted after a hydrocarbon leak […]
Continue ReadingFirefighters rushed to the Martinez Refining Company but couldn’t get inside right away. Thick smoke filled the air, and officials had no idea what chemicals might be burning. A public health advisory is now in effect for Martinez and Pacheco. Air quality inspectors are on-site, warning that the smoke plume could impact nearby cities. People […]
Continue ReadingDaily Standup Top Stories Big Oil Earnings Slump Puts Payouts to Investors Under Pressure January 29, 2025 Clark Savage Fourth-quarter profit to be lowest in more than three years Oil markets weigh uncertain outlook driven by Trump’s return The flow of dividends and buybacks from the world’s largest oil companies is under pressure, with […] Planet Earth’s […]
Continue ReadingEarth has existed for more than 4 billion years without present-day humans. In the past, dinosaurs and cavemen never used its plentiful natural resources. Today, with 8 billion humans on this planet, the few wealthy countries are extracting natural resources at alarming rates, and they are NOT being replenished. Crude oil consumption is more than 35 […]
Continue ReadingDaily Standup Top Stories Politics Biden bans new offshore oil and gas drilling in most U.S. coastal waters January 6, 2025 Mariel Alumit We talked about this on our Daily Stand Up (https://energynewsbeat.com/biden-eyes-drilling-ban/ and no less than 12 hour later it comes through – we already see prices going up…will be interesting to see how incoming […]
Continue ReadingWeekly Daily Standup Top Stories Biden’s DoD Doubles Down On Climate Action As Trump Promises Military Reset December 14, 2024 Andy Del Prado The DoD’s focus on climate change over national security reflects Biden’s top policies. Trump pledges to refocus on defense priorities. Given the state of affairs in Ukraine and the Middle East and […]
Continue ReadingDaily Standup Top Stories Trump expected to annihilate California’s ‘green mandates’ – the most radical in the world. December 17, 2024 Clark Savage ENB Pub Note: I have enjoyed reading Ronald Stine’s books and having several great interviews and conversations about energy. I highly recommend signing up for his newsletter and reading his books. He is […]
Continue Reading