Category: Energy News Beat

Trump’s tariff war only directly impacting 1.5% of global seaborne trade volumes for now

Energy News Beat AmericasRegulatory White House Archives Despite their high profile, US trade tariffs – and retaliatory actions – are to date impacting directly only 1.5% of global seaborne trade volumes, according to the latest data from Clarksons Research, which notes that in the previous 2018-19 trade war tonne-miles were cut by only 0.5%. With […]

Western Bulk pockets $1.5m profit from ultramax sale

Energy News Beat Dry CargoEurope Ilavarasu Shanugam / Marine Traffic Norwegian dry bulk operator Western Bulk Chartering has locked in about $1.5m profit from the sale of a 2020-built ultramax picked up by exercising a purchase option. The Oslo-listed company has offloaded the Western Singapore to Thai bulker owner Precious Shipping for $28m. The purchase […]

Trump Invokes Wartime Powers to Boost U.S. Critical Minerals Output

Energy News Beat President Donald Trump invoked emergency powers to increase U.S. critical minerals production in a bid to reduce reliance on “hostile foreign powers’ mineral production.” In an executive order, the U.S. President invoked the Defense Production Act (DPA), which is the main tool at a U.S. president’s disposal to shift economic activity toward national […]

MSC ship loses containers in storm off Portugal

Energy News Beat Source: X An MSC-operated containership lost some of its cargo in a storm while underway in the Atlantic Ocean off the coast of Portugal. The Portuguese-flagged 4,432 teu MSC Houston V was on its way from Piraeus in Greece to Liverpool when it encountered rough seas and wind gusts of up to […]

Natural Gas Prices Drive Electricity Costs Upward

Energy News Beat Russian drone strikes targeted Odesa during Czech President Petr Pavel’s visit, resulting in power outages and injuries to civilians. Both Russia and Ukraine have accused each other of violating agreements regarding strikes on energy infrastructure. Despite ongoing attacks, international delegations continue to meet and discuss the conflict, with aid being provided to […]

US Hopes for Ukraine Peace Deal as Putin Seems in No Hurry

Energy News Beat ENB Pub Note: In my podcast interviews with George McMillan, he has outlined the lack of options open to the Trump team on negotiating with President Putin. “All Putin has to do is nothing” is explained in George’s series found on Energy News Beat’s contributor page here: https://energynewsbeat.co/george-mcmillian/. So, when an article […]

Treasury Yield Curve Re-Inverts with Sag in the Middle, as Government Swats Down 10-Year Yield. But Mortgage Rates Don’t Follow all the Way, Spread Widens

Energy News Beat Short-term Treasury yields of 6 months or less stay put above 4%. By Wolf Richter for WOLF STREET. The 10-year Treasury yield has careened lower from 4.77% on January 10 to 4.16% on March 3, and has since then wobbled a little higher to end at 4.26% on Friday, just a hair below the effective […]

The Left’s Legal Tactics To Undermine The Trump Admin Are Growing Tiresome

Energy News Beat Groups getting nationwide injunctions from friendly judges are usurping the role of the president and the will of the voters. ​It’s become a predictable cycle: A Republican administration rolls back burdensome environmental regulations, and an activist group rushes to court and gets a friendly district judge to issue an injunction. [emphasis, links […]

California’s Post-Wildfire Blame Game Hits Absurd New Heights With Latest Bill

Energy News Beat California’s SB 222 lets wildfire victims sue oil companies, worsening insurance and consumer costs while ignoring real issues. ​It’s not exactly unheard of for California’s progressive lawmakers to introduce ideologically driven bills designed to make a point rather than solve any problem, but it’s hard to tolerate this nonsense in the midst ­­of […]

New Lobbying Group Targets GOP to Back Green Policies They Opposed

Energy News Beat A new lobbying group with a seven-figure budget aims to convince the GOP to back carbon tariffs and the 45X tax credit favored by greens and liberals. ​A new lobbying push will look to pitch Biden-era green corporate welfare and carbon tariffs as America First-aligned to the Trump administration and lawmakers, Axios […]