Day: May 5, 2026

Ed Miliband Fights Releasing Document Showing Net Zero Will Raise Bills, Benefit Wind Giants

Energy News Beat UK Energy Secretary Ed Miliband is under fire for blocking the release of a key government document that critics say would expose how Labour’s net zero policies are set to drive up household electricity bills while protecting profits for offshore wind developers. The controversy centers on Miliband’s decision last year to scrap […]

Illinois is Losing People as They Flee Democrat Over-Regulation — and Now Natural Gas Turbines

Energy News Beat In a move that perfectly symbolizes the self-inflicted wounds of blue-state energy policy, Illinois is not only hemorrhaging residents — it’s literally watching critical power infrastructure roll out of the state on flatbed trucks headed for Texas. The owner of two-thirds of the massive Elwood Energy natural-gas-fired peaker plant in Will County […]

The Proposed Trans-Caspian Pipeline Is Shaping Up To Be A Flashpoint

Energy News Beat ENB Pub Note: I wrote about this a few days ago, and Andrew Korybko, Substack Author, just put out his article with some key points. Geopolitical choke points for energy are heating up around the world.  The strategic stakes are simply too high as NATO encroaches on Russia’s entire southern periphery via […]

Qatar Extends Force Majeure on LNG through Mid-June. I bet later.

Energy News Beat QatarEnergy has formally extended its force majeure declaration on liquefied natural gas (LNG) supplies through mid-June, according to Bloomberg. Customers received the latest notice as the Strait of Hormuz remains almost entirely closed to tanker traffic following Iranian missile strikes on the Ras Laffan Industrial City in March. This isn’t a surprise—it’s […]

Iran Heating Up the Middle East

Energy News Beat What a wild day on the News Desk. President Trump ordered the U.S. Navy to escort ships through the Strait of Hormuz, and Iran started lobbing drones and missiles around. Bagdad Bob showed up in Iran and claimed that they hit a US ship, but they did not. It will be interesting […]

Diamondback Energy is immediately lifting higher oil output in response to the ongoing oil price rally

Energy News Beat According to the Bloomberg article (May 4, 2026) and Diamondback’s Q1 2026 earnings release/letter to shareholders: The company is currently pumping >520,000 barrels per day of oil (3% above its original full-year 2026 guidance midpoint of ~505,000 bpd). It is raising full-year 2026 guidance to 520,000+ bpd oil and 972,000+ boe/d total […]