Category: Energy News Beat

Beware the WEF’s new misinformation panic

Energy News Beat AI-powered lies and manipulation constitute the gravest threat to humanity. At least this is the dystopian scenario espoused by the collective wisdom of 1,500 experts surveyed in the World Economic Forum’s 2024 Global Risks Report last week. Unfortunately, such outbreaks of “elite panic” are a recurring phenomenon. Whenever the public sphere is expanded through […]

No calling in sick or waiting for a nice day – the grid has to perform on the worst of them

Energy News Beat Saturday night, the middle of the cold snap, was something to be endured. Things break at -36 degrees. A quick run to the grocery store was rerouted by a fleet of city vehicles tearing up the street in a considerable manner, most likely chasing a broken water main or some such. Imagine […]

Chicago-area Tesla charging stations lined with dead cars in freezing cold: ‘A bunch of dead robots out here’

Energy News Beat Desperate Tesla owners in and around Chicago were seen trying to charge their vehicles with no luck amid frigid temperatures that have gripped the Midwest. Charging stations have essentially turned into car graveyards in recent days as temperatures have dropped to the negative double digits, Fox Chicago reported. “Nothing. No juice. Still on zero percent,” Tyler […]

Here’s the Climate Dissent You’re Not Hearing About Because It’s Muffled by Society’s Top Institutions

Energy News Beat As the Biden administration and governments worldwide make massive commitments to rapidly decarbonize the global economy, the persistent effort to silence climate change skeptics is intensifying – and the critics keep pushing back.  This summer the International Monetary Fund summarily canceled a presentation by John Clauser, a Nobel Prize-winning physicist who publicly disavows the existence […]

Frigid temps cut US natural gas supply as demand soars, Texas faces possible shortfall

Energy News Beat Nasdaq U.S. natural gas output fell to a preliminary 11-month low on Sunday as frigid weather froze wells across the country, while gas demand for heating and power generation was on track to hit record highs. In Texas the state’s power grid operator, the Electric Reliability Council of Texas (ERCOT), forecast electric demand […]

Houthis strike U.S. merchant vessel after targeting warship

Energy News Beat Oil Price Hours after targeting a U.S. warship with a cruise missile in the Red Sea, Yemen’s Iran-backed Houthis fired a missile and struck a U.S.-owned merchant vessel in the Gulf of Aden, giving further momentum to the escalation of this conflict. Early on Monday, the Houthis fired a missile at the […]

Deep freeze cuts North Dakota oil production by 280,000 Bpd

Energy News Beat Oil Price Freezing temperatures have slashed North Dakota’s crude oil production by up to 280,000 barrels per day (bpd) in recent days, according to estimates from the North Dakota Pipeline Authority as of Sunday, reported by Reuters. Natural gas production in North Dakota also fell, due to the Arctic blast and frigid weather that […]

Daily Energy Standup Episode #287 – Winter Freeze Impacts U.S. Natural Gas, Blackrock’s $12.5 Billion Infrastructure Move, and Talos Energy’s Strategic Acquisitions

Energy News Beat Daily Standup Top Stories Winter Freeze Cuts U.S. Natural Gas Output January 15, 2024 Mariel Alumit Sub-zero temperatures in much of the United States have frozen gas wells, leading to the drop in production to the lowest in 11 months, Reuters has reported, citing local data. The report added that demand for […] BlackRock Scoops […]

The Most Splendid Housing Bubbles in Canada: Nationally -18% in December from Peak, Toronto -20%. Even in Calgary, House Prices Dropped. End of Easy Money

Energy News Beat Condo prices in Toronto carve out two-year low, house prices just a hair behind. By Wolf Richter for WOLF STREET. House prices in Canada have now fallen by 18% from the peak in March 2022 – or by $171,500 (all in Canadian dollars) – after the 1.2% drop in December from November, the sixth month-to-month […]

Energy Realities #94 -Filmed Live On YouTube on January 16, 2024

Energy News Beat ENERGY REALITIES EPISODE #94 – ENERGY THREATS Highlights of the podcast: 01:25 -Rental giant hertz dumps EVs, including Teslas for gas cars 05:18 – U.S. resumes Russian oil imports and defies sanction. 06:42 – Uranium imports from Russia 09:02 – Defying sanctions with the Russian oil imports 10:00 – The Japanese government […]