Jeff Currie, founder and CEO of Real Macro and a veteran commodities strategist formerly of Goldman Sachs and Carlyle, appeared on CNBC’s Squawk Box on August 26, 2026, and cut through the usual noise. The segment title said it plainly: “The Strait of Hormuz is just one of many choke points being squeezed right now.” […]
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This was an absolute blast, and I am looking forward to having Amy Cooke and the Energy Bad Boys on the Energy News Beat Podcast. Amy does a great job wrangling tPowerGab Podcast: Energy Policy, Grid Reliability, and the Cost of Net Zero In this episode of PowerGab, host Amy Cooke sits down with Stu Turley, president and CEO […]
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A recent JPMorgan report titled “Food Security is National Security: A Compounding Storm,” led by senior global economist Nora Szentivanyi, has sounded the alarm on rising risks of elevated global food inflation into 2027. The bank projects food inflation accelerating from about 2.8% in the first half of 2026 to around 5% annualized in the […]
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Prime Minister Mark Carney’s government has accelerated efforts to deepen Canada’s economic and security ties with the European Union, framing diversification as essential amid escalating trade friction with the United States. Official statements and actions indicate a strategic pivot toward Europe (and select other partners) rather than prioritizing new comprehensive U.S. trade arrangements beyond existing […]
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In this episode of the Energy Realities podcast, hosts Stu Turley, Dr. Tammy Nemeth, and David Blackmon tackle the most pressing energy security challenges facing the Western world today. From the UK’s crumbling electrical grid infrastructure to record-breaking diesel price spikes that threaten global supply chains, the conversation reveals a troubling pattern: energy crises are […]
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Diesel refining margins—known as crack spreads—have exploded to extreme levels across the three major refining hubs, signaling a tightening global middle distillate market that is only in its early stages. As of late August 2026, the US Gulf Coast ultra-low sulfur diesel (ULSD) crack versus WTI stood near $93–94 per barrel (after briefly topping a […]
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HF Sinclair Corporation (NYSE: DINO) just delivered its strongest quarterly results in years while simultaneously announcing it will retire the base oil refining assets at its Mississauga, Ontario facility—Canada’s largest (and essentially only significant) producer of Group II and Group III base oils. The decision comes amid a highly profitable lubricants segment, not losses. The […]
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Hedge funds have sharply reduced their short-only positions on European diesel (ICE gasoil) to the lowest level in more than two years while adding fresh long positions, signaling that traders expect the current historic fuels supply crunch to persist. According to ICE Futures Europe data cited in reports of the Bloomberg story, funds cut short-only […]
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The Trump administration’s Environmental Protection Agency (EPA), in consultation with the Department of Energy (DOE), issued a temporary emergency fuel waiver on August 20, 2026, allowing an early transition to winter-grade gasoline blends. This move aims to boost domestic supply and ease pressure on pump prices amid ongoing disruptions tied to the Iran conflict and […]
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On the morning of August 21, 2026, Ukrainian drones struck the Lukoil-Permnefteorgsintez oil refinery in Russia’s Perm Krai, more than 1,500 kilometers from the Ukrainian border. Thick black smoke rose over the facility, one of Russia’s 10 largest refineries with a design capacity of around 13 million metric tons of crude per year (approximately 262,000 […]
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