Day: May 18, 2026

Since 2007, Shale Gas Has Saved U.S. Consumers Approximately $200 Billion Annually — A Quiet Revolution in Affordability

Energy News Beat A new analysis from the Energy Institute at Haas at UC Berkeley quantifies what many in the energy sector have long known: the shale gas revolution, powered by hydraulic fracturing and horizontal drilling, has delivered extraordinary savings to American consumers. According to Lucas Davis’s May 2026 working paper and accompanying blog post, […]

US Plans New Russian Oil Waiver as Iran War Crunches Supplies

Energy News Beat The Trump administration is preparing to issue a new sanctions waiver allowing buyers to purchase Russian crude oil and petroleum products already loaded onto tankers, according to people familiar with the matter cited by Bloomberg. The move follows the quiet lapse of the previous general license on May 16 and comes as […]

Alaska LNG Locks in ConocoPhillips on 30-Year Gas Supply Deal — FID for Phase One Pipeline Now Within Reach

Energy News Beat In a major breakthrough for Alaska’s long-awaited natural gas infrastructure, Glenfarne Alaska LNG announced on May 18, 2026, a 30-year gas sales precedent agreement with ConocoPhillips Alaska. The deal supplies natural gas from Alaska’s North Slope for Phase One of the Alaska LNG project. Combined with existing agreements from ExxonMobil, Hilcorp Alaska, […]

Are Data Centers Driving up Electricity Rates? Who is Responsible?

Energy News Beat Electricity bills are rising across much of the United States, sparking heated debate. With AI fueling explosive data center growth, many point to hyperscale facilities as the culprit behind higher rates. But a new independent analysis from Energy + Environmental Economics (E3), released May 18, 2026, alongside corroborating work from Lawrence Berkeley […]

Iran Launches Bitcoin-Backed “Hormuz Safe” Shipping Insurance for the Strait of Hormuz

Energy News Beat Iran has launched a new state-backed digital maritime insurance platform called “Hormuz Safe” for vessels transiting the Strait of Hormuz, one of the world’s most critical energy chokepoints. The platform accepts Bitcoin and other cryptocurrency payments, allowing instant blockchain-verified coverage in a clear attempt to bypass Western financial systems and sanctions. According […]

Oil Shortage Scenario is Starting to Surface

Energy News Beat The warning signs are flashing brighter than ever. What began as a major supply disruption in the Middle East has rapidly evolved into a tightening global oil market where inventories are being drawn down at a record pace — and critically, not all of those barrels are actually accessible. A new analysis […]

How does Energy Security Fit with Democratic Socialism?

Energy News Beat 9 Big stories on the ENB Standup We had 9 big stories today on the Energy News Beat Channel. We have new trading blocs forming around the world, and where will your country end up? Well, the US will be at the center, and I should ask, where will your state end […]