Author: Stu

The Oil and Gas Global Markets Update with David Blackmon and Stu Turley

This was a wild discussion of the current global oil and gas markets with David Blackmon and Stu Turley. We covered stories from Energy News Beat and David’s Substack. And a shout-out to Urs, one of our readers. We are looking forward to paying for dinner in Cuba. If you only have time for one […]

Gulf Refineries and Terminals Under Fire by Iran: Escalation in the Middle East and Its Ripple Effects on Global Energy Markets

March 4, 2026 – The Persian Gulf, long a linchpin of global energy security, is now a frontline in an escalating conflict. In the wake of U.S. and Israeli airstrikes on Iranian targets late last month, Iran has launched a series of retaliatory drone and missile attacks on key energy infrastructure across the Gulf states. […]

Qatar Shuts Down LNG: What Does This Mean for Global Markets? What should US Investors look for?

In a stunning development that has sent shockwaves through the energy sector, Qatar—the world’s second-largest exporter of liquefied natural gas (LNG)—has halted all LNG production following Iranian drone strikes on its key facilities at Ras Laffan and Mesaieed. Stu Turley and David Blackmon will be covering this on the Energy News Beat Podcast later today. […]

First LNG Tanker Hit in the Mediterranean: Escalation in Shadow Fleet Warfare

In a dramatic escalation of covert operations targeting Russia’s energy exports, the Arctic Metagaz, a sanctioned Russian LNG tanker, became the first liquefied natural gas carrier to be destroyed in a conflict-related attack on March 3, 2026. The incident unfolded in the Mediterranean Sea between Malta and Libya, marking a new theater in the ongoing […]

Nationwide Gas Prices Jump 11 Cents; California Still Leads with the Highest Gas Prices

ENB Pub Note: In a sad, but predictable, press conference, Gavin Newsom blames Trump for high gas prices in California. What he fails to mention is that there are two huge factors in Gasoline vs. Diesel. Refineries and the global oil price. Because of his policies, the State of California imports 70% of its oil […]

President Trump Announces “Security of Maritime Trade” Initiative Amid Gulf Tensions

By Stuart Turley, Energy News Beat In a bold move to safeguard global energy supplies, President Donald J. Trump announced the “Security of Maritime Trade” initiative on March 3, 2026, directing the United States International Development Finance Corporation (DFC) to provide political risk insurance and financial guarantees for maritime shipping through the Persian Gulf. This […]

California Dreaming – Solar by Day, Imports by Night

ENB Pub Note: This is an outstanding article from Climate Change Conundrum Substack, and I have reached out to Ed Reid and will get him scheduled on the podcast. We recommend following and subscribing to his Substack.  California state government and the climate and environmental communities take great pride in California’s “progress” toward a fossil […]

California will be a national security risk for the entire country!

ENB Pub Note: I will be interviewing Ronald Stein on Monday to talk about this and other major issues in California.  With no crude oil pipelines over the Sierra Mountains, California is an energy island separated from the crude oil supply and the infrastructure of oil refineries from the other 49 States. Thus, all in-state […]

At What Price Will the EU Open Russian Gas and Oil Pipelines?

“Energy Security Starts at home, and Energy Dominance comes through your exports, But your energy dependence is defined by who you import from”. – Stu Turley.  The European Union is once again grappling with an escalating energy crisis in early 2026, driven by geopolitical tensions that have disrupted key supply routes. With Ukraine halting Russian […]

The Price for Oil May Go Up If the Bypass Pipelines Are Hit, and If Ship Insurance Is Not Approved

By Stuart Turley, Energy News Beat Channel As tensions in the Middle East escalate into full-blown conflict, the global energy market is on high alert. The U.S.-Israeli strikes on Iran, dubbed Operation Epic Fury, began on February 28, 2026, targeting Iranian leadership and infrastructure. In retaliation, Iran has effectively weaponized the Strait of Hormuz, the […]