Author: Erick Parel

Jamie Dimond gives a warning on the markets, and we are waiting on the Strait of Hormuz deal or not.

Energy News Beat We cover 9 Big stories on the Energy News Beat Stand Up We cover 9 huge stories today. We would like to take a moment to wish all of our great Veterans a Happy Memorial Day, who gave their all so we could be free. Getting to spend time with my 91-year-old […]

The AI Cost Is Surfacing and Can It Be Sustained?

Energy News Beat The hype around AI delivering massive cost savings and productivity gains is colliding with hard financial reality. A viral post from Crypto Rover highlighted the emerging crisis: Microsoft reportedly directed engineers to stop using Anthropic’s Claude due to exploding AI bills, while Uber admitted its entire 2026 AI budget was already exhausted […]

The Wind Turbine is an Oil Product – The Hammer and Anvil SubStack

Energy News Beat This is an outstanding article from Nathan Hammer’s Substack Hammer and Anvil.  Every time you see a 400 foot wind turbine cutting through the sky, you are looking at a machine designed to harvest the wind. It feels clean. It feels weightless, like a piece of the future that has successfully severed […]

Good News but not Final News on the Iran War and Re-opening of the Strait of Hormuz

Energy News Beat The Strait of Hormuz — the world’s most critical oil chokepoint — remains at the center of global energy markets. A promising diplomatic window has opened, but it is far from sealed. Commodity trader and analyst Jack Prandelli captured the moment perfectly in a post today: “Iran’s ‘Hormuz weapon’ is real. But […]

Jamie Dimon Warns of Serious Risks: US Economic Vulnerabilities, Fed Rates, Debt Refinancing Crunch, and Real Estate Implications

Energy News Beat Jamie Dimon, CEO of JPMorgan Chase, has once again sounded alarms about mounting pressures on the US economy. In a recent Bloomberg Television interview and his April 2026 annual letter to shareholders, he highlighted vulnerabilities in leveraged corporate debt, the challenges of refinancing at elevated rates, geopolitical shocks from the Iran conflict, […]

The Jones Act Waiver has Turned Into a Boon for California at Our Nation’s Expense

Energy News Beat ENB Pub Note: This article was originally posted on the California Globe, and we highly recommend reading their site. We will be covering this opinion on the Jones Act on the next Energy News Beat Stand Up.  California put itself in a dangerous position by relying heavily on expensive foreign oil rather […]

What is the Economic Impact for European Countries if the US Pulls Out of NATO?

Energy News Beat The possibility of a full or partial US withdrawal from NATO has resurfaced in political debates, particularly amid shifting US priorities and rhetoric about burden-sharing. The United States provides the backbone of NATO’s conventional capabilities, command structures, intelligence, strategic enablers (air refueling, lift, ISR), and a significant portion of high-end equipment and […]

WSJ Writes – If the Road to Economic Hell is paved with Good Intentions, don’t expect to see German Cars driving on it

Energy News Beat The Wall Street Journal recently captured Germany’s predicament with brutal clarity in pieces like “Germany’s Slow Industrial Suicide.” A LinkedIn post by Doug Sheridan amplified the editorial, highlighting how green mandates, Net Zero zeal, and the Energiewende have delivered deindustrialization instead of the promised green nirvana. The ironic title nails it: Good […]

Russia’s Key Black Sea Oil Port on Fire After Drone Attack: Grushovaya Terminal Hit in Latest Ukrainian Strike

Energy News Beat Oil facilities at Russia’s strategically vital Black Sea port of Novorossiysk erupted in flames overnight after a Ukrainian drone attack, with satellite imagery confirming a significant blaze at the Grushovaya (also spelled Grushovaya Balka or Grushevaya) oil terminal/depot. The strike marks the latest escalation in Ukraine’s long-range drone campaign targeting Russian energy […]

AI Could Unlock $500 Billion for Oil and Gas Producers by 2030 — But Only with Accountability

Energy News Beat The upstream oil and gas sector stands on the cusp of a transformative opportunity. According to fresh analysis from Rystad Energy, digitalization and artificial intelligence could generate nearly $500 billion in cumulative value for Exploration & Production (E&P) companies between 2026 and 2030. This windfall would come through three main levers: cost […]