In a rare show of bipartisan cooperation on energy policy, two major coal-fired power plants in western Pennsylvania that were slated for retirement in 2028 will now remain online for several more years. The decision, sealed through a state consent decree and highlighted by President Donald Trump on Truth Social, underscores Pennsylvania’s pragmatic “all-of-the-above” energy […]
Tesla’s energy storage division—once a quiet, high-margin moneymaker that outpaced the company’s slowing EV sales—has hit an unexpected bump. Bloomberg’s latest report highlights how the battery business, which fueled rapid revenue growth amid softening auto demand, suddenly stalled in early 2026. In Q1 2026, Tesla deployed just 8.8 GWh of energy storage products—down about 15% […]
In the high-stakes world of global energy markets, two prices for oil exist side by side — but they are telling wildly different stories right now. The “paper” price, reflected in Brent and WTI futures contracts traded on exchanges, sits around $99 per barrel as of April 22, 2026. Meanwhile, the physical price for delivered […]
The global oil market is facing its most severe supply shock in years. Ongoing disruptions in the Middle East—driven by conflict and the effective closure of the Strait of Hormuz—have slashed exports by more than 13 million barrels per day (mb/d), triggered massive production shut-ins, and sent inventories plunging. According to the International Energy Agency’s […]
Illinois Governor JB Pritzker’s policies are giving the moving industry a major boost—especially U-Haul. While Texas surges as the top destination for people and businesses, Illinois continues to bleed residents, jobs, and tax revenue. A recent Wall Street Journal opinion piece highlights how high taxes, heavy regulation, and aggressive climate mandates like the Climate and […]
Houston, TX – April 21, 2026 – The latest U.S. rotary rig count data shows a modest pullback in drilling activity. According to Baker Hughes, the total U.S. rig count for the week ending April 17, 2026, stands at 543 rigs, down 2 rigs week-over-week from 545 the prior week. Oil-directed rigs slipped by 1 […]
Arsenal Resources, a privately held pure-play natural gas explorer and producer focused exclusively on the Marcellus Shale, is exploring strategic options—including a potential sale that could value the company near $1.5 billion—according to sources familiar with the matter. The company has engaged financial advisers to gauge buyer interest, as the Marcellus basin continues to see […]
The ongoing closure of the Strait of Hormuz—now in its seventh week—has triggered the largest oil supply shock in modern history. Roughly 20 million barrels per day (mb/d) of crude and products once flowed through this narrow chokepoint. Today, tanker traffic has collapsed, exports have plunged to a trickle, and Gulf producers have been forced […]
The recent escalation in the Iran conflict — with strikes on energy infrastructure, threats to shipping, and disruptions around the Strait of Hormuz — has done far more than spike oil prices. It has laid bare the world’s true energy demand and the fragility of global supply chains. As Brent crude surged toward and beyond […]
As energy prices continue to bite households and industry across the West, the UK government under Energy Secretary Ed Miliband has announced a fresh push for up to 10GW of new renewable capacity on public land—brownfield sites, railway land, Ministry of Defense estates, and other government assets. Officials claim this could power the equivalent of […]
