Author: Erick Parel

ExxonMobil Sees 6% of Global Output Impacted by Iran War, But What Does This Mean for Q1 and Q2?

Energy News Beat ExxonMobil Corp. (XOM) disclosed on April 8, 2026, that the ongoing Iran war has knocked out approximately 6% of its global first-quarter production. The disruption stems from widespread paralysis in Persian Gulf energy infrastructure, including direct hits on facilities where Exxon holds stakes. While the volume loss is notable, sharply higher oil […]

What Are the Odds the Strait of Hormuz Is Open Tomorrow?

Energy News Beat Oil, Global Markets, and LNG Scenarios in the 2026 Iran Conflict Energy News Beat Channel | April 7, 2026The Strait of Hormuz — the narrow waterway through which roughly 20% of global seaborne crude oil and 20% of liquefied natural gas (LNG) typically flow — remains effectively closed to commercial traffic as […]

Hamm Tells Hart Energy: Continental Will Rig Up Across All Plays to Help US Allies

Energy News Beat In a clear signal that U.S. shale is ready to answer the call on global energy security, Continental Resources founder and Executive Chairman Harold Hamm told Hart Energy today that the company plans to rig up across all its plays to boost domestic production and support America’s allies. The exclusive interview, published […]

California Running on Empty

Energy News Beat We are confirming the panel discussion for next Wednesday and are excited to visit with Professor Mische and Mike Ariza on this national crisis unfolding. This article is only a warm-up for next week and is really just my show notes to get questions ready. After sitting in on a town hall […]

Net Zero Energy Policies Equate to Higher Energy Costs

Energy News Beat A compelling chart shared on X (formerly Twitter) by Dr. Matthew M. Wielicki (@MatthewWielicki) cuts through the rhetoric on renewable energy. It ranks U.S. states by electricity affordability and overlays whether they enforce Renewable Portfolio Standards (RPS) and participate in cap-and-trade programs like the Regional Greenhouse Gas Initiative (RGGI). The top 10 […]

Net Zero Energy Policies Equate to Higher Energy Costs

Energy News Beat A compelling chart shared on X (formerly Twitter) by Dr. Matthew M. Wielicki (@MatthewWielicki) cuts through the rhetoric on renewable energy. It ranks U.S. states by electricity affordability and overlays whether they enforce Renewable Portfolio Standards (RPS) and participate in cap-and-trade programs like the Regional Greenhouse Gas Initiative (RGGI). The top 10 […]

Is Oil Set to Open Tomorrow at $149 or Higher?

Energy News Beat Geopolitical shocks are piling up on global oil supply, and traders are bracing for another wild session when Asian markets open in the coming hours. With the Iran war now five weeks old and fresh Ukrainian drone strikes hammering Russian refining and export terminals over the past four months, the question on […]

President Trump Says Open the Strait, or We Will Bomb You to the Stone Age

Energy News Beat In a fiery Easter Sunday Truth Social post, President Donald J. Trump escalated his ultimatum to Iran over the closed Strait of Hormuz. “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fkin’ Strait, you crazy btards, […]

Big Solar Comes for My Home County

Energy News Beat ENB Pub Note: The Energy Bad Boys are one of my favorite Substack authors out there, and I am sending them a note to get them on the podcast. This is an outstanding article, and will be covered on the Energy News Beat Stand up later today.   We highly recommend subscribing to […]

Goldman Sachs Says Oil Price Shocks Are Looming: Global Diesel, Gasoline, and Refined Products Crisis Unfolds with Rationing Timelines by Region

Energy News Beat As the Iran war enters its fifth week and the Strait of Hormuz remains effectively closed, Goldman Sachs has issued a stark warning in its April 2026 report titled “Are We Running Out of Oil?” The bank’s analysts, led by Yulia Zhestkova Grigsby, conclude that the world is indeed facing acute physical […]