This is a huge story. President Trump posted on Truth Social the following: Trump on Iranian Oil: stop buying it NOW pic.twitter.com/9CIBhVNjLD — Josh Young (@Josh_Young_1) May 1, 2025 First, let’s look into who is buying and how much oil Iran is shipping. In 2025, Iran\’s oil exports, despite facing extensive U.S. sanctions, have continued […]
Continue ReadingDaily Standup Top Stories U.S. LNG will be the United States’ largest export product – Secretary Chris Wright On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the first 100 days of the Trump administration’s energy initiatives during the cabinet meeting today. As an oil and gas exploration […]
Continue ReadingDaily Standup Top Stories How will ERCOT and Texas learn from the past on the grid? April 23, 2025 Clark Savage ENB Pub Note: This is an essential update from Doug Sheridan, a LinkedIn Author and knowledgeable leader in the energy sector. Doug is raising some significant concerns about the Texas grid and potential issues on […] […]
Continue ReadingDaily Standup Top Stories How would a Nuclear Deal with Iran impact the global oil markets? Can OPEC+ acctually enforce production limits is the second part of that question. While examining the headlines of other publications, it is interesting to consider the potential impact of the 1-2 million barrels per day returning to the market […]
Continue ReadingWeekly Daily Standup Top Stories Trump Tariffs Threaten UK Economic Stability April 6, 2025 Clark Savage Donald Trump’s imposition of new tariffs has triggered fears of a global trade war, with the UK facing a 10% tariff on all goods and potential economic stagnation. Economists and analysts are divided on the […] Trump Threatens 50% More China […]
Continue ReadingENB Pub Note: This is an excellent time to talk about the fundamentals of the global oil and gas market. For years, the fundamentals were impacted by imperfect reporting from different sources, sanctions and weaponization of the US Dollar, and the response from Russia, Venezuela, Iran, and other countries. The Dark Fleet is well over […]
Continue ReadingDaily Standup Top Stories Data Center Boom Sparks Utility Spending—But How Real Is the Demand? April 9, 2025 Clark Savage ENB Pub Note: AI and data centers will have a profound impact on energy demand. Look for them to be built in Republican states with energy-friendly policies and near natural gas pipelines. And as of […] How […]
Continue ReadingOil prices have crashed to their lowest point since 2021 due to the escalating US-China trade war. Analysts fear the trade war will lead to a global recession, significantly reducing oil demand. The oil price slump puts pressure on OPEC+, potentially leading to a reversal of their recent production increase. Crude oil prices slumped to […]
Continue ReadingWeekly Daily Standup Top Stories The UK’s Heathrow Power Outage sheds light on Net Zero Policies March 21, 2025 Clark Savage Net Zero has forced global financial and companies to become carbon-neutral. But the why is only one question that we will tackle on another day. Today, let’s look at the energy policies that countries force […] […]
Continue ReadingDaily Standup Top Stories China discovers ‘limitless’ energy source that could ‘power the country for 60,000 years’ March 2, 2025 Clark Savage ENB Pub Note: Thorium is an outstanding source of energy, and there are several reactor companies around the world working on thorium reactors. This will be one to watch, but remember that China will […]
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