Author: Erick Parel

Two Tankers Struck in the Middle East: Escalating Tensions in the Persian Gulf

Energy News Beat   By Stuart Turley, Energy News Beat Channel In a dramatic escalation of the ongoing US-Iran conflict, two oil tankers were struck in Iraqi territorial waters in the northern Persian Gulf earlier tonight, adding to a series of maritime attacks that have disrupted global energy supplies. The incidents occurred approximately 5 nautical […]

Iran Conflict Upends Jet Fuel, Diesel, and Marine Fuel Supplies

Energy News Beat The escalating conflict in Iran, which erupted on February 28, 2026, involving U.S. and Israeli forces against Iranian targets, has sent shockwaves through global energy markets. What began as targeted strikes has morphed into a full-scale disruption of one of the world’s most critical energy chokepoints: the Strait of Hormuz. This narrow […]

$5 to $6 Gas Is No Accident: California Drivers Are Paying for Political Decisions

Energy News Beat ENB Pub Note: Unless the Fed steps in as discussed in the article Trump to Invoke Emergency Law for Offshore Oil Producer Sable – Can the Feds Intervene to Save the Refineries? how high will gas and diesel go up in California is a legitimate question Energy experts and industry groups warned elected […]

U.S. Taps Chubb to Lead Trump’s $20B Insurance Plan for Hormuz Shipping

Energy News Beat By Stuart Turley, Energy News Beat In a bold move to stabilize global energy flows amid escalating tensions in the Middle East, the U.S. government has selected insurance giant Chubb Limited to spearhead a $20 billion maritime reinsurance program aimed at protecting shipping through the volatile Strait of Hormuz. This initiative, announced […]

Trump to Invoke Emergency Law for Offshore Oil Producer Sable – Can the Feds Intervene to Save the Refineries?

Energy News Beat   In a bold move amid escalating global oil tensions, President Donald Trump is set to invoke the Defense Production Act—a Cold War-era authority—to override California state regulations and fast-track operations for Sable Offshore Corp. This decision targets the reactivation of idle offshore oil platforms off the southern California coast, aiming to […]

Iranian Drone Hits Oman’s Largest Oil Storage Facility Amid Escalating Regional Conflict

Energy News Beat In a dramatic escalation of the ongoing 2026 Iran war, Iranian drones targeted Oman’s Port of Salalah today, striking what is considered the sultanate’s largest oil storage facility. The attack, part of Iran’s broader retaliation against U.S. and Israeli strikes, has set ablaze multiple storage tanks, sending plumes of black smoke into […]

Offshore Lease Bidding Lower Than Expected in the Second “Big Beautiful” Gulf of America Sale

Energy News Beat By Stuart Turley, Energy News Beat The second offshore oil and gas lease sale in the Gulf of America under President Trump’s “One Big Beautiful Bill Act” (OBBBA) has wrapped up with significantly lower participation and bid volumes than anticipated. Dubbed “Big Beautiful Gulf 2” (BBG2), the auction held by the Bureau […]

Why California Has an Oil and Gas Crisis… and China’s Involvement

Energy News Beat ENB Pub Note: This article was originally posted on the California Globe, and Katy Grimes was on the Energy News Beat Podcast talking about this crisis.  We highly recommend following and reading the California Globe.   The California Air Resources Board has been using Chinese research to bolster their corrupt and dishonest […]

EU and California Struggle to Deal with Price Fallout from the Iran Conflict

Energy News Beat In the wake of escalating tensions in the Middle East, triggered by the U.S.-led military operation against Iran under President Trump, global energy markets are reeling from sharp price increases. European governments are scrambling to mitigate the inflationary pressures on energy and food, with measures like price caps and restrictions on fuel […]

Navigating the Energy Crisis: Insights from the U.S. Oil and Gas Association President

Energy News Beat Tim Stewart stops by the Energy News Beat and Energy Impacts Podcasts David Blackmon kicks off this joint podcast with Tim Stewart, President of the US Oil & Gas Association, and we have a wild discussion. 1. Oil and Gas Industry Volatility The speakers examine the current unstable state of the oil and […]