Tag: EIA

Data Center Growth on Track to Absorb a Fifth of US Power Use by 2035: Nuclear Had Better Be Implemented Before We Get There

Clark Savage156

The explosive growth of data centers, driven primarily by artificial intelligence, is reshaping America’s electricity landscape. High-end projections now show data centers potentially consuming up to 20% of total U.S. electricity by 2035 in aggressive scenarios—roughly a four- to five-fold increase from today’s ~4-5% share. Even as AI model developers announce efficiency gains, the underlying […]

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WellDatabase Weekly Rig Report for July 18, 2026: US Rig Count Climbs Up 11 with Strong Horizontal and Oil Activity

Clark Savage217

The latest WellDatabase US Rig Report (dated July 18, 2026) shows the U.S. active drilling rig count at 567, marking a solid +11 week-over-week (WoW) increase and +37 year-over-year (YoY) gain. This reflects resilient drilling activity amid a stable-to-rising trend over the past 12 months, with the count holding in the mid-to-high 500s range. Key […]

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What are tank bottoms?

Clark Savage93

Crude oil inventories held at storage facilities in Cushing, Oklahoma, fell below 20 million barrels during the week ending June 19 until the week ending July 10, according to our Weekly Petroleum Status Report. Storage facilities for crude oil and petroleum products require a minimum volume of product in their tanks and pipe infrastructure to remain […]

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Anas Alhajji Asks the Right Questions: How Long Can Strong U.S. Petroleum Product Exports Continue Before Causing Domestic Shortages and Price Spikes?

Clark Savage128

Energy markets are flashing warning signs as U.S. petroleum product exports remain near record highs while domestic inventories tighten amid escalating geopolitical risks in the Middle East. Veteran energy analyst Anas Alhajji (@anasalhajji) highlighted these concerns in his July 9, 2026, Daily Energy Report on X and Substack, posing a series of pointed questions that […]

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250 Years of Energy: How America’s Abundant Natural Resources Powered a Rising Nation — And Why Smart Policy Will Determine the Next Century

Clark Savage111

This article was first Run on The Energy News Beat Substack. If you would like to make a comment, head over there.  There is a pattern that the more political regulatory overreach, innovation, and lower costs to consumers are quashed. From the wood fires that warmed homes and fueled early industry in 1776 to the […]

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Natural Gas and Peak Oil – Doomberg

Clark Savage133

In a timely new analysis published today, Doomberg challenges conventional peak oil narratives with a provocative twist: it’s “Peak ‘Not Oil.’” The piece highlights how surging U.S. natural gas liquids (NGLs) — particularly propane and butane — are delivering a “tsunami of new supply” that the global economy is rapidly adapting to, rendering a narrow focus […]

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Solar Claims to be the Cheapest Power In History, and States are Running from it

Clark Savage111

There is a difference between Red and Blue States The headline from a June 19, 2026, OilPrice.com article captures a striking tension in U.S. energy policy: solar is repeatedly called “the cheapest power in human history” by sources like the IEA, yet multiple states—particularly blue ones—are dialing back aggressive renewable targets amid rising costs, reliability concerns, and […]

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