Energy News Beat Gasoline prices in the U.S. have eased from crisis peaks above $4.50 per gallon but remain stubbornly elevated. As of June 15, 2026, the national average for regular gasoline stood around $4.05 per gallon (with some reports citing ~$3.90–$3.99 recently), still more than $1 above pre-war (pre-2022) levels that were consistently under […]
Energy News Beat With the world’s oil and gas market changing, energy security is now at the forefront of most countries’ priorities. There are two discussions going on: have we found all of the easy oil, and will oil demand go away with the renewable crowd pushing more money into wind and solar? You won’t […]
Energy News Beat Chevron Corporation and Microsoft have signed a landmark 20-year power purchase agreement to supply electricity to a major data center campus in West Texas. The deal centers on a large natural gas-fired power plant being developed in partnership with investment firm Engine No. 1, marking one of the largest collaborations to date […]
Energy News Beat Tesla has filed a trademark application for “MEGAPOD” — a move that signals far more than just brand protection. It points to a strategic pivot: transforming its vast Supercharger network and global vehicle fleet into one of the world’s largest distributed AI computing platforms. What the MEGAPOD Trademark Actually Means On […]
Energy News Beat In a striking comment during a Fox News broadcast this morning, President Donald Trump spoke with Fox News reporter Trey for 20 minutes and outlined a bold U.S. role in securing one of the world’s most critical energy chokepoints. He stated that the United States may take over or act as the […]
Energy News Beat As U.S. Vice President JD Vance touched down in Switzerland on June 21, 2026, for high-level peace talks with Iranian officials, Iran’s Islamic Revolutionary Guard Corps (IRGC)-linked military command announced a renewed closure of the Strait of Hormuz. The move cites alleged Israeli violations of a fragile ceasefire in southern Lebanon and […]
Energy News Beat This article was first published on the Energy Absurdities Substack by David Blackmon. We highly recommend following and subscribing to his Substack. For years, Americans have been subjected to a steady drumbeat of energy scarcity narratives, peak oil hysteria, and politically motivated predictions that hydrocarbons were on the verge of running out. These […]
Energy News Beat Iraq is rapidly expanding alternative oil export routes to reduce its heavy dependence on the Strait of Hormuz, aligning with long-standing strategies by Saudi Arabia and the United Arab Emirates. Even as some reports suggest potential easing of disruptions in the waterway, Baghdad is treating diversification as a permanent strategic priority rather […]
Energy News Beat OPEC released its 20th edition of the World Oil Outlook (WOO 2026) on June 18, 2026, delivering a comprehensive, data-driven assessment of global energy trends through 2050. The report projects continued strong growth in global oil demand, reaching 124.1 million barrels per day (mb/d) by mid-century — an increase of approximately 19 […]
Energy News Beat There is a difference between Red and Blue States The headline from a June 19, 2026, OilPrice.com article captures a striking tension in U.S. energy policy: solar is repeatedly called “the cheapest power in human history” by sources like the IEA, yet multiple states—particularly blue ones—are dialing back aggressive renewable targets amid rising […]
