Author: Erick Parel

Ensuring a Reliable and Affordable Texas Grid: An Interview with Dr. Brent Bennett of the Texas Public Policy Foundation

Energy News Beat Just in time for the potentially crippling storm hitting the Southern Half of the United States, this podcast interview with Dr. Brett Bennett of the Texas Public Policy Foundation highlights the money spent on wind and solar, but not on resilience. While significant improvements have been made to the ERCOT Grid system, […]

Oil Prices Surge on Iran Tensions and Declining Exploration

Energy News Beat You can’t buy this kind of entertainment. When President Trump throws out a mean Truth Social post, he can move the markets, but when an Aircraft Carrier Strike group shows up near Iran and Iraq, the oil traders panic. It is quite possible that the Glut Narative may just roll off into […]

Brent Breaks $70 After Trump Threatens Iran With Military Force

Energy News Beat By Stuart Turley, Energy News Beat January 29, 2026 – Truth Social posts from President Trump can certainly rattle markets, but when U.S. aircraft carrier task forces deploy to the Persian Gulf, that’s when traders sit up and take notice. This morning, Brent crude surged past the $70 per barrel mark for […]

Oil Options on Longest Bullish Run Since 2024 as Iran Risk Looms

Energy News Beat In the volatile world of energy markets, oil traders are increasingly betting on upward price movements, driven by escalating geopolitical tensions in the Middle East. The global Brent benchmark has shown a call skew—a premium for bullish call options—for 14 consecutive sessions, while the U.S. crude marker has followed suit for 13 […]

Trinidad & Tobago: The $4 Billion Nat Gas Play

Energy News Beat In the ever-evolving landscape of global energy, Trinidad & Tobago (T&T) is emerging as a pivotal player in the Caribbean natural gas sector. With declining domestic production threatening the viability of its Atlantic LNG facility—one of the world’s key export hubs—a potential $4 billion opportunity is on the horizon. This stems from […]

Iran’s Impact on Oil Mounts as US Warships Draw Near

Energy News Beat As geopolitical tensions escalate in the Middle East, the arrival of U.S. warships near Iranian waters has sent ripples through global energy markets. President Donald Trump’s administration has bolstered its military presence, including the USS Abraham Lincoln carrier strike group, amid threats of potential strikes against Iran following recent unrest and proxy […]

Oil Exploration Drastically Lagging Demand – We are approaching a critical junction of lack of investment

Energy News Beat For years, Stu Turley has sounded the alarm on the chronic underinvestment in global oil and gas exploration and production (E&P). The writing has been on the wall: without sufficient capital flowing into new discoveries and field developments, it’s only a matter of time before supply shortages hit hard, driving up prices […]

Gas Turbines Suffer Economic Hardships Due to Stress Placed on Them by Wind and Solar

Energy News Beat In the evolving landscape of the U.S. energy grid, natural gas turbines have long served as a reliable backbone for electricity generation. However, the rapid integration of intermittent renewable sources like wind and solar has introduced new challenges. These renewables, while questionably contributing to decarbonization goals, fluctuate based on weather conditions, forcing […]

Thank Heaven for Coal, Oil, Natural Gas and Trash Burning This Week on the US Grid

Energy News Beat As Winter Storm Fern barreled across the United States from January 20 to 27, 2026, blanketing much of the nation in ice, snow, and sub-zero temperatures, the electric grid faced one of its toughest tests in years. Stretching over 2,300 miles, the storm triggered record-breaking power demand, widespread outages, and skyrocketing electricity […]

China Grabs a Canadian Gold Mining Company in a $5.5 Billion Takeover After Carney’s Trip to China

Energy News Beat In a bold move that underscores the shifting dynamics of global resource competition, China’s Zijin Gold International has agreed to acquire Toronto-listed Allied Gold Corp. in an all-cash deal valued at C$5.5 billion (approximately US$4 billion). The announcement, made on January 26, 2026, comes just days after Canadian Prime Minister Mark Carney’s […]