Day: April 4, 2025

The Stock Market May Be in Trouble and Consumers May Be in a Sour Mood, But the Labor Market Is Just Fine

Energy News Beat Despite the furor over government job cuts, tariff chaos, and what not. By Wolf Richter for WOLF STREET. The labor market accelerated in March, after the moderate growth in January and February, despite the job reductions at the federal government, despite the chaos and uncertainty on trade, despite the sour mood of consumers that nevertheless […]

More Green Grift? Celeb-Backed Climate Bank Collapses After Cofounder’s Arrest

Energy News Beat A climate change finance company backed by big-name celebrities has filed for bankruptcy following the arrest of its cofounder. ​A climate change finance company backed by big-name celebrities has filed for bankruptcy. The bankruptcy follows the arrest of the company’s co-founder for allegedly attempting to defraud investors of $145 million. [emphasis, links […]

The Climate Scaremongers: UK Grid Faces Serious Threats As Miliband Pushes Net Zero 2030

Energy News Beat New report warns the UK faces blackouts, price rationing, and capacity gaps as demand surges and renewables fail to meet energy needs. ​The Commons Public Accounts Committee (PAC) has expressed concern about the security of the nation’s electricity supply. [emphasis, links added] Their report, ‘Energy Bills Support’, published last week, states: The […]

What is impacting oil prices today? Is it the Trump Reciprocal Tariff, or is supply and demand returning to the pricing matrices?

Energy News Beat ENB Pub Note: This article first ran on The Crude Truth Substack by Rey Trevino here: https://crudetruth.substack.com/p/what-is-impacting-oil-prices-today. I agree with the article and the author, but what do you think? Do you think Saudi Arabia can control production, or will it just give up? When countries that can just print money do […]

China slaps retaliatory tariffs on all US goods

Energy News Beat ENB Pub Note: People need to understand that the “Reciprical Tariffs” are exactly that – reciprocal. China and the EU are waking up to the fact that the United States is no longer their piggy bank to print money and offshore manufacturing and wealth to their countries. It may get slightly bumpy […]

What Trump’s Latest Tariffs Mean for Latin America

Energy News Beat ENB Pub Note: Interesting points, and we have not cycled through all of them in the story for verification; however, pay attention to the Panama Canal as it relates to the tariffs and China. As I have posted, written and spoke on my podcast: “If Hong Kong can be interrupted from a […]

Atlantic LNG shipping rates, European prices continue to drop

Energy News Beat “Spark30S (Atlantic) freight rates experienced a second significant week-on-week drop, decreasing by $4,750 to $23,500 per day,” Spark’s data lead, Qasim Afghan, told LNG Prime on Friday. He said that Spark25S (Pacific) rates dropped by $750 to $26,750 per day. In Europe, the SparkNWE DES LNG dropped compared to $12.359/MMBtu last week. “The SparkNWE […]

Pennsylvania’s Coal Industry Crumbles As Plant Closures Mount

Energy News Beat ENB Pub Note: This is an interesting paradigm. We also need to keep coal for cement, grid stabilization, and steel, so how far do you let the coal industry go down or fail?  Not all that long ago, there were 60 coal-fired generating units in Pennsylvania. As of today, there are only […]

Subsea 7 wins work on Shell’s Sparta project

Energy News Beat Subsea 7 Offshore engineering and services player Subsea 7 has won a contract for work on Shell’s Sparta deepwater development in the US Gulf of Mexico. The project involves the transportation and installation of a floating production system at Garden Banks block 959, which is located off the southeastern coast of Louisiana […]

Thinking fast and slow: why high-quality data demands the right foundations

Energy News Beat The trend towards high-frequency sensor data is increasing, but investment decisions require a truly rigorous approach, writes Christian Rae Holm, the CEO of Coach Solutions. Data continues to represent value in the pursuit of vessel energy efficiency, and as the value of actionable information increases, the focus is increasingly on using high-frequency […]