Daily Standup Top Stories Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets? Charles Payne from Fox on Gutfield hits it out of the park. Stu Turley Emerging Cybersecurity Threats: Chinese Manufacturers’ Control Over Electric Buses, Power Grids, […]
Continue ReadingIn a move that underscores the delicate balancing act facing global oil producers, OPEC+ has agreed to a modest production increase of 137,000 barrels per day (b/d) for December 2025, while simultaneously announcing a three-month pause on further hikes from January to March 2026. This decision, influenced heavily by recent U.S. sanctions on Russia, reflects […]
Continue ReadingIn the ever-volatile world of energy markets, the U.S. oil and gas sector continues to defy simple narratives. As of late October 2025, the U.S. rig count has dipped to 550 active rigs, marking a decline of 35 rigs compared to the same period last year. This drop comes even as domestic crude production hovers […]
Continue ReadingIn a stark warning for the global energy landscape, a recent report from Melius Research highlights the dwindling long-term oil supply, driven by years of underinvestment in exploration and drilling. This comes amid rising demand, with experts like Occidental Petroleum CEO Vicki Hollub emphasizing that even major finds, such as ExxonMobil\’s offshore Guyana discoveries in […]
Continue ReadingIn a surprising turn for energy markets, the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA) reveals a drawdown in U.S. commercial crude oil inventories, challenging the prevailing narrative of an oil glut that has weighed on prices in recent months. For the week ending October 17, 2025, crude stocks fell […]
Continue ReadingOverview of Rig Counts The latest data from Baker Hughes indicates that drilling activity in the United States remains relatively stable amid fluctuating oil prices. As of the week ending October 17, 2025, the total U.S. rig count stood at 548, marking an increase of 1 rig from the previous week. This includes 418 oil […]
Continue ReadingWeekly Daily Standup Top Stories Update on the Chevron Refinery in California – A national security disaster just got worse as a possible drone strike October 4, 2025 Clark Savage The Chevron El Segundo Refinery, located just outside Los Angeles, experienced a significant fire on October 2, 2025, drawing widespread attention due to its role in […]
Continue ReadingDaily Standup Top Stories OPEC+ Has Come Close to Its Limit, Leaving Prices Open to Spike October 8, 2025 Clark Savage In the volatile world of global energy markets, OPEC+—the alliance of oil-producing nations led by Saudi Arabia and Russia—is pushing against its production boundaries. With spare capacity dwindling, the group finds itself in a precarious […] […]
Continue ReadingIn the volatile world of global energy markets, OPEC+—the alliance of oil-producing nations led by Saudi Arabia and Russia—is pushing against its production boundaries. With spare capacity dwindling, the group finds itself in a precarious position where any major disruption could send crude prices soaring. As of October 2025, recent decisions to modestly increase output […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, Stu Turley dives deep with Trisha Curtis, CEO of PetroNerds, in a no-holds-barred conversation on the myths of peak Permian, U.S. shale resilience, OPEC’s bluff, China’s global energy influence, rising electricity costs, the EU’s energy collapse, and the urgent need for pragmatic U.S. energy policy. From […]
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