Category: Energy News Beat

Federal Judge Rules Against Biden’s 2023 Gulf Lease Sale Over Climate, Emissions

Energy News Beat The judge ruled the 2023 Gulf lease sale violated environmental law by ignoring climate, CO2 emissions, and whale impacts. ​ A federal district judge has issued a ruling against a Gulf [oil and gas] lease sale conducted by the Biden administration in 2023, saying the Interior Department was in violation of the […]

California’s Bullet Train Boondoggle Hits $100B, Needs More Tax Dollars To Continue

Energy News Beat California’s high-speed train faces more delays without billions in new funding as costs soar past $100B with no clear end in sight. ​ California’s oft-delayed and over-budget high-speed rail project will need billions of dollars in additional funding by the summer of 2026 to avoid being postponed further, according to local Sacramento […]

New Poll: Most Voters Prioritize U.S. Energy Independence Over Climate Fight

Energy News Beat A new poll shows most registered voters prioritize U.S. energy independence over fighting climate change, with a sharp partisan divide. ​ More than half of registered voters rate making America energy independent higher than the fight for climate change, according to a new poll by Napolitan News Service. [emphasis, links added] According […]

Week Recap: Energy Shake-Up: Coal Surges, Net Zero Stalls, Oil Returns

Energy News Beat Weekly Daily Standup Top Stories The UK’s Heathrow Power Outage sheds light on Net Zero Policies March 21, 2025 Clark Savage Net Zero has forced global financial and companies to become carbon-neutral. But the why is only one question that we will tackle on another day. Today, let’s look at the energy policies […]

Bad Settlements Beat Good Lawsuits: A CRE Landlord, a Restaurant, and Commercial Rents that Plunged

Energy News Beat Greed may not kill, but it does have a way of clouding one’s judgment. By John E. McNellis, at real estate developer McNellis Partners: This is a true story. A well-to-do investor—let’s call him Sam—owns a charming three-story brick office building in a city that was once the envy of America. His building is […]

Inflation Galore Now: Fed Started Rate Cuts at the Low Point 6 Months Ago, just as Inflation Began to Resurge

Energy News Beat Core PCE price index jumps MoM by most in 13 months on Non-Housing Services. Recreational Services blow out. Durable Goods continue 6-month trip out of deflation. By Wolf Richter for WOLF STREET. The inflation measure released today – the PCE price index favored by the Fed as yardstick for its inflation target – dished up […]

Atlantic LNG shipping rates, European prices down

Energy News Beat “Spark30S (Atlantic) freight rates experienced a significant week-on-week drop for the first time in two months, decreasing by $2,750 to $28,350 per day,” Spark’s data lead, Qasim Afghan, told LNG Prime on Friday. He said that Spark25S (Pacific) rates “remained relatively steady this week at $27,500 per day.” In January and February 2025, […]

China Halts Panama Port Sale to BlackRock

Energy News Beat March 28 (Reuters) – Hong Kong conglomerate CK Hutchison, led by tycoon Li Ka-shing, will not sign a deal next week to sell its two strategic ports at the Panama Canal to a BlackRock-led group, the South China Morning Post reported on Friday. The deal was expected to be signed on April […]

Oil Poised for Third Weekly Gain Ahead of Trump’s Tariffs

Energy News Beat Oil headed for a third weekly advance as the market braces for more tariffs from the Trump administration. Brent traded near $74 a barrel after closing 0.3% higher on Thursday, while West Texas Intermediate was close to $70. Tariffs on auto imports and so-called reciprocal levies are among US measures due next week, part of a developing global trade […]

Challenging The ‘Climate Crisis’ Narrative

Energy News Beat ENB Pub Note: The climate crisis is a political tool for wealth transfer from the rich to the extremely rich. When people wake up and understand that the UN, WHO, and WEF are only trying to control the global population, they will be able to understand that they have done more harm […]