Illinois Governor JB Pritzker’s policies are giving the moving industry a major boost—especially U-Haul. While Texas surges as the top destination for people and businesses, Illinois continues to bleed residents, jobs, and tax revenue. A recent Wall Street Journal opinion piece highlights how high taxes, heavy regulation, and aggressive climate mandates like the Climate and […]
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The global energy markets are in flux as of mid-April 2026, shaped by severe disruptions from the ongoing Middle East conflict (centered on Iran and the Strait of Hormuz). This has curtailed roughly 7–10 mb/d of crude, NGLs, and refined product exports in March–April, triggering sharp price spikes and inventory draws. Brent crude averaged $103/bbl […]
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This ain’t your Cats and Dogs living with each other, this is a full-blown apocalypse about to happen. This is a follow-up podcast to the one I had with Mike Ariza, and this time, David Blackmon and Professor Mike Mische are here to discuss the potential 7 Executive Orders that President Trump must enact to […]
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In a significant move signaling renewed foreign investment in Venezuela’s oil sector, Chevron has executed a strategic asset swap with Petróleos de Venezuela S.A. (PDVSA) and its subsidiaries. Announced on April 13, 2026, and signed in Caracas in the presence of interim President Delcy Rodríguez, the deal allows Chevron to sharpen its focus on high-value […]
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An Energy News Beat Analysis of Volumes, Customers, Revenues, and Key Players Venezuela holds the world’s largest proven crude oil reserves — approximately 303 billion barrels — yet its actual output and exports have been a fraction of that potential for years due to decades of underinvestment, infrastructure decay, mismanagement, and shifting international sanctions. Oil […]
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While ExxonMobil disclosed a clear 6% hit to its global first-quarter 2026 production from the Iran conflict—centered heavily on damaged Qatar LNG infrastructure—Chevron’s exposure appears materially lower and more temporary. Chevron has not issued a comparable company-specific production-loss figure, and analysts (including HSBC) highlight its lighter Middle East footprint relative to Exxon. The net result: […]
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A powerful Tropical Cyclone Narelle has forced Chevron to shut down production at its Wheatstone LNG facility in Western Australia, adding fresh pressure to an already strained global liquefied natural gas (LNG) market. The outage, which began on March 26-27, 2026, stems from storm damage to the offshore platform and onshore processing plant near Onslow. […]
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Is California on the precipice of social and economic collapse? ENB Pub Note: This article is from the California Globe by Katy Grimes, and she has appeared on the Energy News Beat several times discussing the California energy crisis caused by Gavin Newsom. David Blackmon, Stu Turley, and Mike Ariza will be recording a podcast […]
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As the world’s largest oil and gas companies slash spending on low-carbon “transition” projects for the first time in eight years, one thing is crystal clear: U.S. oil majors are proving that fiscal discipline and bold upstream development are not mutually exclusive—they are the winning formula. According to BloombergNEF data highlighted in today’s Watts Up […]
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Southern Nevadans are paying over $5 a gallon for gas — and Congresswoman Susie Lee wants you to believe it’s all because of “Trump’s war.” In a now-viral X post, Rep. Lee (D-NV) claimed: “Southern Nevadans are now paying over $5/gallon for gas because of Trump’s war. We need to lower costs for hardworking families. […]
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