Author: Stu

Where to find the cheapest gas in California as fuel prices continue excruciating climb

ENB Pub Note: This article was from the New York Post, and it highlights the pain at the pump in California. California is the weak link in the Energy Dominance push from the Trump administration, and is now a full-on National Security issue with 6 of the 7 remaining refineries set to close. The United […]

Two Oil Tankers Seen at Kharg after U.S. Strikes, Satellite Firm Confirms

By Stuart Turley, Energy News Beat In a development that underscores the resilience of Iran’s oil infrastructure amid escalating geopolitical tensions, satellite imagery has confirmed the presence of two oil tankers at Kharg Island, Iran’s primary oil export terminal in the Persian Gulf. This sighting comes just hours after U.S. precision strikes targeted military installations […]

Oil and Gas Markets are Upended and Recovery will be Months

The ongoing conflict involving Iran has sent shockwaves through global energy markets, marking what experts describe as the largest oil supply disruption in history. With the Strait of Hormuz effectively closed to most commercial shipping since late February 2026, approximately 20 million barrels per day (mb/d) of oil and petroleum products—representing about 20% of global […]

White House National Energy Dominance Council Announces Billions in Energy Projects in Tokyo

  By Stuart Turley, Energy News Beat Channel. Tokyo, Japan – March 14, 2026 – In a landmark push for American energy dominance, the White House’s National Energy Dominance Council (NEDC) is spearheading the inaugural Indo-Pacific Energy Security Ministerial and Business Forum in Tokyo. Co-hosted with Japan’s Ministry of Economy, Trade, and Industry (METI), the […]

Russia to Chase Asia Nat Gas and LNG Market, to Leave the EU in the Dark

In a bold pivot amid escalating global energy tensions, Russian President Vladimir Putin has signaled a potential full-scale shift of Russia’s natural gas and liquefied natural gas (LNG) exports toward Asia, effectively threatening to cut off remaining supplies to Europe. This move, framed as a preemptive response to the European Union’s planned bans on Russian […]

U.S. Strikes Kharg Island: Trump’s Claim of Precision Targeting Amid Conflicting Damage Reports

In a late-night post on Truth Social dated March 13, 2026, President Donald Trump announced that U.S. forces had conducted a major bombing raid on Iran’s Kharg Island, describing it as “one of the most powerful bombing raids in the History of the Middle East.” He emphasized that the strikes “totally obliterated every MILITARY target” […]

How Much Diesel, Gasoline, Jet Fuel, and Other Oil Products Are Actually Imported to California?

As California’s push toward a zero-emissions future accelerates, the state’s petroleum refining sector is undergoing a dramatic transformation. With refinery closures already underway and more potentially on the horizon, California is increasingly dependent on imported refined products to meet its massive fuel demand. This shift raises critical questions about supply stability, price volatility, and broader […]

Hedge Funds Turn Most Bullish on Oil Since 2020 Amid Iran War

In the midst of escalating tensions in the Middle East, hedge funds have ramped up their bullish positions on oil to levels not seen since early 2020, betting on sustained supply disruptions from the ongoing U.S.-Israel conflict with Iran. As of late February 2026, just before the strikes intensified, money managers boosted their net-long stance […]

We have hit the Point of No Return for the California Energy Crisis

Gavin Newsom has succeeded in taking down the oil and gas market, and this was one of my most important podcasts. Mike Ariza, a refinery expert who has been working in the industry for decades, stopped by the Energy News Beat podcast, and what a show. Mike has been working with several key people in […]

Venture Global Greenlights $8.6 Billion US LNG Export Expansion

In a landmark move for the U.S. energy sector, Venture Global has announced the Final Investment Decision (FID) and financial close for Phase 2 of its CP2 LNG project in Louisiana. This $8.6 billion financing package pushes the total investment for the entire CP2 facility to $20.7 billion, marking one of the largest project financings […]