Energy News Beat The Refining Capacity Shortage and Demand Destruction Quest Brent crude oil prices surged more than 3% today, breaking above $86 per barrel (reaching $86.06 in early London trading). This extends a sharp ~12% rally since Friday, driven by escalating geopolitical risks across key oil chokepoints and infrastructure. The immediate spark came from […]
Energy News Beat The conflict involving Iran has rapidly expanded beyond direct U.S.-Iran clashes into a broader regional war, with proxy actions, naval disruptions, and threats spanning the Persian Gulf, Strait of Hormuz, Yemen, and even the Caribbean. Oil prices are climbing on heightened supply risks, with Brent crude recently trading around $83–85 per barrel […]
Energy News Beat When Rwandan President Paul Kagame stood up at the Nuclear Energy Summit in Paris earlier this year, he didn’t talk like a leader hedging his bets on energy policy. He talked like a determined man in a hurry. Kagame told the assembled audience that nuclear-generated electricity technology “is evolving in ways that benefit […]
Energy News Beat Exelon Corporation, America’s largest electric utility by customer count, is sounding the alarm. Its CEO, Calvin Butler, has warned that the United States could face blackouts as early as 2027. This comes amid surging electricity demand — driven heavily by AI data centers — and chronic underinvestment in new power generation and […]
Energy News Beat In May 2026, Axios reported on classified U.S. intelligence indicating that Cuba has acquired more than 300 military attack drones from Russia and Iran since 2023. The drones are stored at strategic locations across the island, with Cuban officials recently seeking additional units and equipment from Russia. This development, amplified in recent […]
Energy News Beat President Donald Trump announced today that the United States would reinstate a blockade on Iranian ships transiting the Strait of Hormuz while demanding a 20% reimbursement on all other cargo shipped through the critical waterway. Trump declared the US would become the waterway’s “GUARDIAN,” positioning the move as reimbursement for security costs […]
Energy News Beat David Blackmon, Dr. Tammy Nemeth and Stu Turley have way too much fun today. 1. Canadian Pipeline Proposals The hosts discuss two major pipeline initiatives: Trans Mountain Pipeline expansion: A third pipeline is being added to the existing route with government and private partnerships, including undisclosed Indigenous partners. It’s facing environmental litigation […]
Energy News Beat Energy News Beat Channel – Breaking Analysis July 13, 2026 In the latest escalation of the ongoing US-Iran conflict, Kuwait reported attacks on three northern land border posts and an offshore drilling platform belonging to the Kuwait Oil Company. The platform was struck by a hostile drone, causing material damage and injuring […]
Energy News Beat California is escalating its legal and political confrontation with the Trump administration over energy policy. As detailed in a recent OilPrice.com analysis, Governor Gavin Newsom’s administration and state officials are pushing back hard against federal actions favoring fossil fuels, including the reallocation of offshore wind funds, challenges to the California Coastal Commission, […]
Energy News Beat Beijing has directed at least two major Chinese refineries to maintain or even increase processing rates to ensure adequate domestic supplies of gasoline, diesel, and other fuels. This comes amid renewed threats to crude shipments through the Persian Gulf tied to the ongoing Iran conflict, according to people familiar with the matter […]
