Author: Erick Parel

California Inventory of Homes for Sale Suddenly Piles Up: +51% Year-over-Year, to Highest April in Years

Energy News Beat Active listings in San Diego +70% yoy, Los Angeles +50%, San Jose & Silicon Valley +67%; San Francisco metro +43% (highest April since at least 2016) By Wolf Richter for WOLF STREET. It’s not that new listings are that high; they’re not. It’s that the homes that have been listed for sale aren’t selling, and […]

Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says

Energy News Beat ENB Pub Note: President Trump’s team still does not understand what motivates President Putin to end the war. In the following article from Bloomberg, President Trump oddly says that low oil prices will bring President Putin to the table. I disagree; he has made money at lower than market rates for years.  […]

What is the future for U.S. crude oil? Have we hit peak production?

Energy News Beat ENB Pub Note: This article is from The Crude Truth Substack. I agree with the point that a single basin output does not define the country’s energy production capabilities. So, has the United States hit peak oil and gas production, or is it just one basin? I agree with Rey Trevino that […]

Saudi Arabia’s New Oil Play – Embracing the Glut to Win the Long Game

Energy News Beat ENB Pub Note: This is an excellent article from Irina Slav at Oilprice.com. I like the phrase “Embracing the Glut to Win the Long Game.” You must also subscribe to Irina’s Substack. She is right on the money, and it adds validity to Josh Young’s opinion that the longer oil prices are low, the […]

Sunoco’s $9 Billion Acquisition of Parkland

Energy News Beat ENB Pub Note: This is from Nathan’s Substack. We highly recommend following him as he is a wealth of energy and knowledge in the U.S.    Sunoco LP, a major player in the U.S. energy sector, has announced a landmark deal to acquire Parkland Corporation for $9.1 billion [1]. This strategic move is set to […]

Energy Education and Innovation: Inside OU’s Leading Program with Mike McConnell

Energy News Beat This was an outstanding podcast on the University of Oklahoma Energy Center with the director, Mike McConnell. We had several students also sit in on an energy panel discussion, and you can hear them on the sound and in the transcript. They are not shown in the video. The Future is brighter […]

Net Zero’s Spanish Blackout – Special Guest Kathryn Porter

Energy News Beat Net Zero’s Spanish Blackout – Special Guest Kathryn Porter In this episode of Energy Realities, energy expert Kathryn Porter of Watt-Logic joins David Blackmon, Tammy Nemeth, and Stu Turley to break down the Spain and Portugal blackout and what it reveals about the vulnerabilities in Europe’s power grid. From root causes to […]

KN awards contract for Klaipeda FSRU electrification project

Energy News Beat Following KN’s international public procurement process for engineering, procurement, and construction (EPC) works, KN awarded the contract to Lithuania’s Kauno Tiltai, a specialist in roads, bridges, and infrastructure projects. KN said the contract for the EPC works of the power line connection with the Klaipeda FSRU-based LNG terminal is valued at 19.3 […]

Spain’s Solar Blackout: What Happened?

Energy News Beat Daily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed and set up for disaster use. I have taken the time to learn how to get the rooftop […]

EU Has Limited Legal Options to Cut Off Russian Gas Supply

Energy News Beat ENB Pub Note: The EU’s energy and financial hypocrisy will catch up with them sooner rather than later. The following article from Tsvetna Paraskova, at Oilprice.com, is a great illustration of the EU’s dependence on Russian natural gas and then banning it only to keep buying Russian LNG. The only thing that […]