Author: Erick Parel

Oil Prices Set to Rise as the Insurance Problem Grows

Energy News Beat In the volatile landscape of global energy markets, oil prices are poised for a significant upward trajectory amid escalating geopolitical tensions in the Middle East. As of March 6, 2026, Brent crude has already surged above $89 per barrel, driven by a confluence of factors including disrupted shipping routes, production halts, and […]

Key Energy Crisis Hot Spots Highlight Energy Security

Energy News Beat In an era of escalating geopolitical tensions and accelerating climate goals, the global energy landscape is a powder keg of vulnerabilities and opportunities. As of March 2026, the world grapples with surging energy demands from AI data centers, volatile oil prices amid Middle East conflicts, and the uneven push toward net-zero emissions. […]

Did China Know the Strait of Hormuz Was Going to Close?

Energy News Beat ENB Pub Note: This is an outstanding article from Giacomo Prandelli’s Substack “The Merchants News”. He has been on the Energy News Beat Podcast, and we are looking to have him on again. He is a great author, and we recommend subscribing to his Substack. Lloyds of London appears to be the […]

Why’d The US Temporarily Waive Sanctions On India’s Purchase Of Russian Oil?

Energy News Beat ENB Pub Note: This is an outstanding article from Andrew Korybko’s Newsletter on Substack. What he does not mention in the article is that if you tie the Venezuelan pricing controls that Stu Turley expects to be dropped onto Iran, and possibly Iraq, it really starts to show the refining of the […]

EQT CEO on Fox Business – “We See anywhere from 10% to 20% increase in Nat Gas”

Energy News Beat This is a huge story, especially considering that natural gas is supplying about 40% of the US grid. Toby Rice, CEO of EQT, really articulates some huge cost savings for consumers. Pipelines matter, and they can support growth while saving money and generating returns for investors. We are reaching out to the […]

Exxon Ships U.S. Gasoline to Australia: Unpacking the Global Gasoline and Diesel Market Crisis

Energy News Beat In a striking sign of tightening global fuel supplies, Exxon Mobil has scheduled its first-ever shipments of gasoline from the U.S. Gulf Coast to Australia, totaling around 600,000 barrels this month. These cargoes, loading from Houston in mid-March aboard medium-range tankers like the Largo Eagle and Nord Ventura, consist mostly of gasoline […]

Secretary Burgum Visits Venezuela with Mineral Executives for New Business

Energy News Beat In a significant step toward strengthening U.S.-Venezuela energy and resource ties, U.S. Interior Secretary Doug Burgum arrived in Caracas today for a two-day visit aimed at forging new partnerships in critical minerals and oil production. As chairman of President Donald Trump’s National Energy Dominance Council, Burgum’s trip underscores the Trump administration’s push […]

Chevron Warns of Irreversible Harm to California’s Economy and Energy Security in Letter to gov. Newsom

Energy News Beat ENB Pub Note: This article is from Katy Grimes, the Editor in Chief of the California Globe, and I will be interviewing one of her oil experts next week on this topic on the Energy News Beat Podcast.  Chevron just sent a letter to California Governor Gavin Newsom and the California Air […]

The Oil and Gas Global Markets Update with David Blackmon and Stu Turley

Energy News Beat This was a wild discussion of the current global oil and gas markets with David Blackmon and Stu Turley. We covered stories from Energy News Beat and David’s Substack. And a shout-out to Urs, one of our readers. We are looking forward to paying for dinner in Cuba. If you only have […]

Gulf Refineries and Terminals Under Fire by Iran: Escalation in the Middle East and Its Ripple Effects on Global Energy Markets

Energy News Beat March 4, 2026 – The Persian Gulf, long a linchpin of global energy security, is now a frontline in an escalating conflict. In the wake of U.S. and Israeli airstrikes on Iranian targets late last month, Iran has launched a series of retaliatory drone and missile attacks on key energy infrastructure across […]