Author: Erick Parel

The Tale of Two SPRs and Different Uses: US and China Navigate the Iran War Supply Shock

Energy News Beat In the most complex mix of geopolitical supply disruptions in modern history—over 100 days into the US-Iran conflict involving strikes, Hormuz transit risks, and broader Middle East tensions—the United States and China are effectively supplying a significant portion of global oil demand through their strategic and commercial reserves. They are doing so […]

Full Story on the Downed Apache – Part of Getting 22 Tankers through the Gulf

Energy News Beat In the high-stakes waters of the Strait of Hormuz, where roughly 20% of global oil trade flows daily, a dramatic incident unfolded on June 8-9, 2026, that underscores the unseen military efforts keeping energy markets stable. A U.S. Army AH-64 Apache helicopter was struck by an Iranian Shahed drone, forcing an emergency […]

The Strait of Hormuz Standoff Why Paper Oil Prices Don’t Match Reality

Energy News Beat Rey Trevino, Pecos Operating Company, and Podcast host for the Crude Truth stopped by the Energy News Beat Podcast. We had a blast filming at the Petroleum Club in Downtown Fort Worth. Hat tip to all of the great people at the Petroleum Club, making it a great place to have business […]

Texas Gov. Abbott Directs PUC and ERCOT to Shield Texans from Data Center and Infrastructure Costs

Energy News Beat AUSTIN, Texas — In a decisive move to protect residential electricity ratepayers amid Texas’s explosive data center boom, Governor Greg Abbott today directed the Public Utility Commission of Texas (PUC) and the Electric Reliability Council of Texas (ERCOT) to ensure that data centers fully fund their own electric infrastructure costs — preventing […]

Kinder Morgan’s Gulf Coast Express Expansion About to Come On Line – And It Will Impact More Than Natural Gas Prices

Energy News Beat As of early June 2026, Kinder Morgan’s long-awaited Gulf Coast Express (GCX) pipeline expansion is entering service, marking a major step forward for natural gas takeaway from the Permian Basin. The fully contracted, $455 million project (Kinder Morgan’s share approximately $161 million) adds 570 MMcf/d of incremental capacity through new compression along […]

Energy Security Crisis 2026! Stu Turley on Oil, Renewables & Geopolitical Risks

Energy News Beat This was a fun interview on Dr. Tammy Nemeth’s The Nemeth Report Podcast    Stu Turley, CEO of Sandstone Group and the Energy News Beat, joins Dr. Tammy Nemeth to break down the latest energy market developments, geopolitical shifts, oil & gas realities, and why current net zero policies are failing. If […]

New York State’s Electricity Reserves Are Shrinking, Says NYISO

Energy News Beat New York’s electricity grid is facing growing reliability risks, according to the state’s grid operator. In its latest assessments and the 2025 Power Trends Report, the New York Independent System Operator (NYISO) warns that electricity reserves have shrunk significantly over the past five years. A net decline of 1.5 gigawatts (GW) in […]

Japan Inks Major LNG Deal as Energy Markets Focus Away from Hormuz

Energy News Beat In a significant move to bolster energy security amid escalating geopolitical tensions in the Middle East, Japan’s JERA — the world’s largest buyer of liquefied natural gas (LNG) — has secured a landmark 20-year supply contract with Malaysia’s state-owned Petronas. The deal, announced today following high-level talks between Japanese Prime Minister Sanae […]

Kuwait Oil Chief Seeks Pipeline Alternatives to Skirt Hormuz

Energy News Beat Kuwait is actively pursuing pipeline routes to bypass the Strait of Hormuz as ongoing tensions have effectively choked off the Persian Gulf’s primary oil export artery. Sheik Nawaf Al-Sabah, Chief Executive Officer of Kuwait Petroleum Corp. (KPC), the state-owned oil producer, disclosed the initiative during a conference in Washington on Tuesday. According […]

Maritime Operational & Governance Strategy for Infrastructure Investors with Dr. Beatriz Canamary – Huge Impacts in Energy

Energy News Beat We cover shipbuilding and even the implications of the Jones Act. Dr. Beatriz Canamary stopped by the Energy News Beat podcast, and we had a great discussion about energy, exports, and our maritime industry, including shipbuilding and the Jones Act. I am going to just be brutally honest for a moment, and […]