Author: Erick Parel

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 […]

Goldman Says Global Oil Stocks Approaching Eight-Year Low, Depletion Speed a Concern

Energy News Beat Global oil inventories are rapidly approaching their lowest level in nearly eight years, according to a new analysis from Goldman Sachs. The investment bank warned that the pace of depletion has become a major concern amid ongoing supply disruptions, particularly restrictions on flows through the Strait of Hormuz. Goldman estimates that total […]

Haynesville Expansion Pushes into East Texas as Caturus, Aethon Seek New Inventory

Energy News Beat The Haynesville-Bossier Shale play, long anchored in Northwest Louisiana, is redrawing its boundaries westward into East Texas. Operators are chasing fresh drilling inventory in the Shelby Trough and surrounding counties as core areas mature and Gulf Coast LNG demand surges. Leading the charge are Caturus Energy, Adamas Energy (formerly Aethon Energy), and […]

Supply Chain Pressures Reshaping the European Offshore Wind Market

Energy News Beat The European offshore wind market is experiencing a structural supply constraint as the exit of GE Vernova from new orders leaves Siemens Gamesa and Vestas as the primary suppliers for the region. Turbine selling prices have increased by 40% to 45% since 2020, a surge that outpaces manufacturing cost inflation and reflects […]

British Billionaire Calls Out Europe and Moves Investments to the US

Energy News Beat In a sharp rebuke of European and UK energy policies, British billionaire Sir Jim Ratcliffe, founder and chairman of global chemicals giant Ineos, has publicly slammed the continent’s “all over the place” approach to energy as a threat to economic growth, industrial competitiveness, and national security. At the same time, Ineos is […]

Energy Dominance: Why America’s Oil & Gas Leadership Matters More Than Ever

Energy News Beat Chris Johnson, President of the American Energy Leadership Institute, stops by the Energy News Beat podcast. What a great conversation, and you will recognize Chris from his many interviews. I have seen him on Mornings with Maria, and he’s all over the map. It is very encouraging to have young leaders trying […]