Author: Erick Parel

Ohio Business Lobby Pushes Eminent Domain Reforms That Critics Say Could Enable Faster Land Takings for Data Center Infrastructure on Farmland — Raising Serious Property Rights Concerns

Energy News Beat Ohio farmers and property rights advocates are sounding the alarm over a recommendation from the powerful Ohio Business Roundtable (OBRT) to reform the state’s eminent domain laws. The proposal would allow faster “possession” and construction on private land for energy infrastructure projects once a court establishes public use and necessity — even […]

We will stop the Bombing When you sign the Deal – or until my next mean Tweet – Energy News Beat Stand Up

Energy News Beat Special Guest David Blackmon on the Energy News Beat Stand Up. What a day on the EnergyNews Beat News Desk, we have 10 big stories for you, and as we were filming this, President Trump calls off the plans – wow, changed everything. David Blackmon’s Energy Additions Stops by the Energy News Beat Stand […]

Oil Prices Slide as Traders Bet on Diplomacy: When Will Paper Trading Meet Physical Delivery Prices?

Energy News Beat Oil markets are experiencing sharp volatility as traders price in hopes of de-escalation between the United States and Iran. July WTI crude futures plunged $4.32 (4.79%) to settle near $85.93 on June 11, 2026, after trading as high as $95.47 earlier in the week. As of June 12, WTI futures hovered around […]

Guyana’s Oil Boom Gets a Major Boost From Higher Oil Price. And not being in a choke point helps

Energy News Beat As global oil prices remain elevated amid geopolitical tensions — including recent spikes tied to Middle East conflicts and risks around the Strait of Hormuz — Guyana’s offshore oil sector is surging ahead. This tiny nation (population under 1 million) is delivering one of the world’s most remarkable energy success stories, proving […]

JP Morgan Sends Updated Warning on Strait of Hormuz Risks and Oil Price Spikes

Energy News Beat The global oil market remains on edge as the Strait of Hormuz — the world’s most critical oil chokepoint — stays effectively paralyzed amid the ongoing U.S.-Iran conflict that began in late February 2026. JP Morgan has issued a fresh, more urgent update, warning that the situation could drive Brent crude sharply […]

Why Oil Is Still Below $100 a Barrel When Physical Oil Is Over $140

Energy News Beat The paradox gripping global energy markets in mid-June 2026 is stark. Brent crude futures — the benchmark “paper” oil traded on exchanges — have hovered around $90–$98 per barrel despite more than 100 days of war involving Iran that has severely disrupted flows through the Strait of Hormuz, a chokepoint for roughly […]

President Trump Announces Plans to Strike Iran Again and Take Control of Kharg Island, Echoing Venezuelan-Style Oil Controls

Energy News Beat In a major escalation of the ongoing U.S.-Iran conflict, President Donald Trump has signaled that U.S. forces will strike Iran “VERY HARD TONIGHT” and, in the near future, take control of Iran’s critical oil infrastructure, including Kharg Island. This development draws direct parallels to the administration’s approach in Venezuela and aligns with […]

The Tale of Two SPRs and Different Uses: US and China Navigate the Iran War Supply Shock

Energy News Beat In the most complex mix of geopolitical supply disruptions in modern history—over 100 days into the US-Iran conflict involving strikes, Hormuz transit risks, and broader Middle East tensions—the United States and China are effectively supplying a significant portion of global oil demand through their strategic and commercial reserves. They are doing so […]

Full Story on the Downed Apache – Part of Getting 22 Tankers through the Gulf

Energy News Beat In the high-stakes waters of the Strait of Hormuz, where roughly 20% of global oil trade flows daily, a dramatic incident unfolded on June 8-9, 2026, that underscores the unseen military efforts keeping energy markets stable. A U.S. Army AH-64 Apache helicopter was struck by an Iranian Shahed drone, forcing an emergency […]

The Strait of Hormuz Standoff Why Paper Oil Prices Don’t Match Reality

Energy News Beat Rey Trevino, Pecos Operating Company, and Podcast host for the Crude Truth stopped by the Energy News Beat Podcast. We had a blast filming at the Petroleum Club in Downtown Fort Worth. Hat tip to all of the great people at the Petroleum Club, making it a great place to have business […]