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DAILY ENERGY NEWS | 11/20/2025
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** Hey California, this is one of the many reasons people and companies keep leaving.
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Los Angeles Times ([link removed]) (11/19/25) reports: "A U.S. appeals court Tuesday paused a California law set to take effect in January requiring large companies to report, every two years, how climate change could hurt them financially. Another new law requiring major companies to annually disclose their carbon emissions can stay in place for now, the court ruled. The policies would be the most sweeping of their kind in the nation, and proponents say they would increase transparency and encourage companies to assess how they can cut their emissions. The U.S. Chamber of Commerce asked the U.S. 9th Circuit Court of Appeals to pause the laws, which were set to take effect next year, arguing they violate the companies’ 1st Amendment rights. The group also asked the Supreme Court last week to weigh in. The Chamber of Commerce on Tuesday withdrew its emergency appeal to the
Supreme Court, citing the lower court’s decision."
[link removed]
** "We’re not turning backwards to the failed policies of the past — California is fighting for a clean-energy future, even as President Trump bends the knee to his Gulf-State patrons and takes a nap as the world burns."
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– Governor Gavin Newsom ([link removed])
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Talk about letting the fox into the hen house.
** Wall Street Journal ([link removed])
(11/19/25) reports: "This summer, Oslo’s public-transport authority drove a Chinese electric bus deep into a decommissioned mine inside a nearby mountain to answer a question: Could it be hacked? Isolated by rock from digital interference, cybersecurity experts came back with a qualified yes: The bus could in theory be remotely disabled using the control system for the battery. In the U.S., Chinese technology is heavily restricted in telecommunications networks and autos, though Chinese buses are still permitted. Chinese solar power equipment has attracted scrutiny too. In Europe, tensions are coming to the surface as policymakers upgrade their arsenal of digital defenses. Recently introduced cybersecurity legislation in the U.K. would make companies in critical sectors including energy liable to be fined if they don’t prepare for attacks from hackers or state actors."
American innovation will get it done, as always.
** Bloomberg ([link removed])
(11/19/25) reports: "Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. The next phase of the revolution — call it shale 4.0 — is an engineering arms race to improve the so-called recovery factor. Increasing the ratio even by a single percentage point is a prize worth billions of dollars over the lifetime of thousands of wells in Texas, New Mexico, North Dakota and Colorado. 'The best place to find oil is where you already know you've got oil,' Chevron Corp. Chief Executive Officer Mike Wirth tells me in an interview in New York. 'We know where the oil is. If we left 90% of the oil behind, it would be the first time in history that we didn't figure out how to do it.' If engineers are successful, it would turn shale from a sprinter into a marathon runner."
There's more where that came from.
** Oil and Gas Journal ([link removed][pull]=omeda|1106C8551289F9V&utm_campaign=CPS251119044&utm_medium=email&utm_source=OGJ+Daily)
(1/19/25) reports: "Crude oil production in Alaska is poised to reach its highest level in nearly a decade, driven by strong performance from new North Slope projects, according to the latest forecast from the US Energy Information Administration (EIA). EIA now expects Alaska to produce 477,000 b/d in 2026, the highest annual average since 2018. After decades of steady decline, Alaska’s oil output is set for a significant rebound. EIA projects a 13% increase—about 55,000 b/d—in 2026, marking the state’s largest year-over-year growth since the 1980s. The agency said its upgraded 2026 outlook reflects Santos’s accelerated ramp-up to peak production for the Pikka Phase 1 project and recent well tests demonstrating high productivity."
Energy Markets
WTI Crude Oil: ↑ $59.88
Natural Gas: ↑ $4.49
Gasoline: ↑ $3.10
Diesel: ↑ $3.79
Heating Oil: ↑ $261.58
Brent Crude Oil: ↑ $63.93
** US Rig Count ([link removed])
: ↑ 580
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