Author: Erick Parel

Statewide Fuel Shortages are Imminent

Energy News Beat ENB Pub Note: This article is from the California Globe by Mike Ariza.. We recommend reading the California Globe daily, as Katy Grimes, as the Editor in Chief, does a great job keeping up with everything California.  Currently, we only have two to three more weeks of fuel ships still in transit […]

Green vs Baseload: the most suitable energy for a developing country?

Energy News Beat ENB Pub Note: This story was published on Watt-Logic by Kathryn Porter and is fantastic. We recommend subscribing to her Newsletter. We are reaching out to get her back on the Energy News Beat Podcast.    (Kaythryn Porter ) I gave this speech at the Cirrus Investor Conference in Namibia last week: . Ladies […]

Two Clean Coal Plants in Pennsylvania Are Staying Open Thanks to Trump and Shapiro

Energy News Beat In a rare show of bipartisan cooperation on energy policy, two major coal-fired power plants in western Pennsylvania that were slated for retirement in 2028 will now remain online for several more years. The decision, sealed through a state consent decree and highlighted by President Donald Trump on Truth Social, underscores Pennsylvania’s […]

Tesla’s Battery Business Stalls, but Don’t Count Them Out

Energy News Beat Tesla’s energy storage division—once a quiet, high-margin moneymaker that outpaced the company’s slowing EV sales—has hit an unexpected bump. Bloomberg’s latest report highlights how the battery business, which fueled rapid revenue growth amid softening auto demand, suddenly stalled in early 2026. In Q1 2026, Tesla deployed just 8.8 GWh of energy storage […]

When the Paper Price of Oil Catches Up with the Physical Price of Delivered Oil, It Will Be a Violent Swing UP

Energy News Beat In the high-stakes world of global energy markets, two prices for oil exist side by side — but they are telling wildly different stories right now. The “paper” price, reflected in Brent and WTI futures contracts traded on exchanges, sits around $99 per barrel as of April 22, 2026. Meanwhile, the physical […]

Global Oil Inventories Fall to Record Lows. What does this mean to investors and consumers?

Energy News Beat The global oil market is facing its most severe supply shock in years. Ongoing disruptions in the Middle East—driven by conflict and the effective closure of the Strait of Hormuz—have slashed exports by more than 13 million barrels per day (mb/d), triggered massive production shut-ins, and sent inventories plunging. According to the […]

Illinois Gov. JB Pritzker Has Helped U-Haul by Driving Companies and People to Texas

Energy News Beat Illinois Governor JB Pritzker’s policies are giving the moving industry a major boost—especially U-Haul. While Texas surges as the top destination for people and businesses, Illinois continues to bleed residents, jobs, and tax revenue. A recent Wall Street Journal opinion piece highlights how high taxes, heavy regulation, and aggressive climate mandates like […]

US Rig Count Down Slightly This Week

Energy News Beat Houston, TX – April 21, 2026 – The latest U.S. rotary rig count data shows a modest pullback in drilling activity. According to Baker Hughes, the total U.S. rig count for the week ending April 17, 2026, stands at 543 rigs, down 2 rigs week-over-week from 545 the prior week. Oil-directed rigs […]

Arsenal Resources Exploring Options of a Potential Sale Close to $1.5 Billion

Energy News Beat Arsenal Resources, a privately held pure-play natural gas explorer and producer focused exclusively on the Marcellus Shale, is exploring strategic options—including a potential sale that could value the company near $1.5 billion—according to sources familiar with the matter. The company has engaged financial advisers to gauge buyer interest, as the Marcellus basin […]

Oil Disruption of the Strait of Hormuz May Be More Permanent Than a Few Weeks

Energy News Beat The ongoing closure of the Strait of Hormuz—now in its seventh week—has triggered the largest oil supply shock in modern history. Roughly 20 million barrels per day (mb/d) of crude and products once flowed through this narrow chokepoint. Today, tanker traffic has collapsed, exports have plunged to a trickle, and Gulf producers […]