Day: May 7, 2026

The Bust in US Home Solar Has Worsened After Trump Ends Subsidies

Energy News Beat The U.S. residential solar sector, once hailed as a booming green-energy success story fueled by generous federal tax credits, is now in free fall. Following the passage of the One Big Beautiful Bill Act (OBBBA) signed by President Donald Trump in July 2025—which accelerated the elimination of key subsidies, including the 30% […]

Cheniere Sags on Surprise $3.5 Billion Loss

Energy News Beat Houston, May 7, 2026 — Cheniere Energy Inc. (NYSE: LNG), the largest U.S. liquefied natural gas (LNG) exporter, delivered a stark headline miss in its first-quarter 2026 results, swinging to a $3.5 billion net loss (or $16.65 per share) from a $353 million profit a year earlier. The surprise shortfall — which […]

Expansion of E15: A Gift to the Ethanol Lobby and a Consumer Betrayal

Energy News Beat It is time to get out of ethanol and other renewable fuels that deliver no real benefit to the environment or to American consumers. The latest push for year-round sales of E15 — gasoline blended with 15% ethanol — is not deregulation or consumer choice. It is a Trojan horse for expanding […]

Doomberg on the Energy News Beat Global Oil and Gas Markets Update

Energy News Beat If President Trump meets with President Xi next week the Iran War is over. You will NOT want to miss this episode of the Energy News Beat Global Oil and Gas Markets Update with our special guest Doomberg. We were live on LinkedIn and YouTube, and we had some great questions. Doomberg […]

Citi Sees Oil Volatility Fluctuations Until the Iran Deal is Done

Energy News Beat Oil markets are set for continued wild swings in the coming weeks as investors grapple with uncertainty over a potential U.S.-Iran deal to end the ongoing conflict and reopen the Strait of Hormuz. Citigroup’s global head of commodities research, Max Layton, captured the mood perfectly in a May 7 Bloomberg Television interview: […]

What Does Mozambique and California Have in Common? Rising Diesel Prices on the Horizon as Both Depend on Imports Tied to the Strait of Hormuz

Energy News Beat In a striking parallel amid the ongoing U.S.-Israel conflict with Iran, two distant regions—sub-Saharan Africa’s Mozambique and the U.S. West Coast’s California—are facing acute fuel supply pressures. Both heavily rely on petroleum products whose supply chains trace back to the Strait of Hormuz, the critical chokepoint through which roughly 20-25% of global […]

Adnoc’s LNG Tankers Go Dark to Get Gas Shipments Through the Strait of Hormuz

Energy News Beat In a striking display of operational resilience amid escalating geopolitical tensions, Abu Dhabi National Oil Co. (Adnoc) is quietly keeping a trickle of liquefied natural gas (LNG) exports flowing from the Persian Gulf. According to Bloomberg reporting, Adnoc tankers have turned off their Automatic Identification System (AIS) signals—effectively “going dark”—to safely navigate […]