Author: Erick Parel

Texas Oil and Gas Insights: LNG Exports, Legislative Impact, and the Future of Natural Gas

Energy News Beat In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley discusses key topics with Steve Reese, CEO of Reese Energy Consulting, and Karr Ingham from the Texas Alliance of Energy Producers. They explore the role of Texas in the energy sector, focusing on natural gas and oil production, the state’s […]

Permian Basin Oil Field at Risk of Poisonous Water Leaks, Texas Railroad Commission Warns

Energy News Beat The Permian Basin, the heart of U.S. oil production, is grappling with a mounting crisis as toxic wastewater from fracking threatens environmental catastrophe and production setbacks. The Texas Railroad Commission (RRC), the state’s oil and gas regulator, has issued urgent warnings about “widespread” underground pressure increases caused by wastewater disposal, risking poisonous […]

The Golden Age of Autonomy: Tesla’s Revolution and Is Tesla a good buy for investors?

Energy News Beat I genuinely believe that Tesla is not just an EV car manufacturer, and for that reason, they will be the most profitable EV manufacturer. Just buying Tesla as an EV stock makes no sense, but the AI input and learning have been incredible because of the things they have learned from their […]

Phillips 66 to Lay Off Most Workers at Los Angeles Refinery as California’s Refining Woes Deepen

Energy News Beat Phillips 66’s decision to shutter its Los Angeles-area refinery by the end of 2025, with layoffs beginning in December, marks another blow to California’s already strained refining sector. The closure, affecting 600 employees and 300 contractors, is part of a broader wave of refinery shutdowns in the Golden State, raising concerns about […]

Canada’s Atlantic LNG Dreams Just Got Pricier: Qatar and U.S. Squeeze Market Share

Energy News Beat Canada’s aspirations to become a global liquefied natural gas (LNG) powerhouse from its Atlantic coast are hitting a costly roadblock. Rising project expenses and fierce competition from Qatar and the United States are eroding the business case for Canada’s LNG ambitions. As the global energy market shifts, Canada’s current oil and gas […]

30-Year & 20-Year Treasury Yields Back over 5%, 10-Year over 4.5%, Yield Curve Steepens at Long End, Mortgage Rates Back over 7%

Energy News Beat Will the bond market eventually wake up and scare the bejesus out of Congress? Is it already rubbing its eyes? By Wolf Richter for WOLF STREET. The 30-year Treasury yield ended Friday at 5.04%, after kissing 5.15% on Thursday. These above-5% yields are the highest since the debt-scare in October 2023. The 20-year yield has […]

Week Recap: Is the U.S. Losing Energy Power to Qatar & China?

Energy News Beat Weekly Daily Standup Top Stories Britain’s Plan to Retrain Oil and Gas Workers for Clean Energy Jobs May 18, 2025 Clark Savage ENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain’s plan to create thousands of clean energy jobs for the oil and gas workers is an […]

China has an off-switch for America, and we aren’t ready to deal with it. – The Hill

Energy News Beat ENB Pub Note: This is an excellent article from The Hill. I have been discussing this problem for years, and it is finally coming to light. In the short term, everyone needs to take normal precautions for storms, or man-made disasters, and have a plan, energy, shelter, water, food, and medical backup […]

Nuclear Stocks Skyrocket as Trump’s Executive Orders Ignite Industry Renaissance

Energy News Beat Nuclear energy stocks erupted on Friday, May 23, 2025, following President Donald Trump’s signing of four executive orders aimed at turbocharging the U.S. nuclear industry. The orders, heralded as a “historic action to usher in the American nuclear renaissance,” promise to slash regulatory hurdles, fast-track reactor approvals, and bolster domestic uranium supply […]

Can OPEC+ Reclaim Market Share from U.S. Shale Oil?

Energy News Beat The global oil market is witnessing a renewed tug-of-war between OPEC+ and U.S. shale oil producers, with the cartel signaling an aggressive push to reclaim market share lost to American drillers over the past decade. As U.S. shale output nears a potential peak and OPEC+ ramps up production, the stage is set […]