The U.S. diesel crack spread—the premium of ultra-low sulfur diesel (ULSD) futures over West Texas Intermediate (WTI) crude—has shattered every historical record. On Monday, August 17, 2026, it surged to an intraday all-time high of $102.20 per barrel and settled in triple digits for the first time, hovering around $100 the following day. For context, […]
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The U.S. diesel crack spread—the premium of ultra-low sulfur diesel futures over West Texas Intermediate (WTI) crude—has shattered historical records, surging above $100 per barrel for the first time ever. It hit an intraday all-time high of $102.20 on Monday, August 17, 2026, before hovering around $100 on Tuesday, August 18 (settling in triple digits […]
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Brent crude hovering near $91 a barrel might look manageable on a trading screen. Jeff Currie, the veteran commodities strategist now at Carlyle Group, argues that focus is dangerously misplaced. “Nobody on the planet Earth consumes crude oil,” Currie told CNBC. “Refineries do. Everyone else consumes gasoline, diesel and jet fuel, and those markets look […]
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ENB Pub Note: This article is from America Outloud and Ronald Stein, Olivia Vaughan, and Steve Curtis. We highly recommend following them! Electricity policy, at its core, is economic policy. Nations that can produce abundant, reliable, and affordable electricity create the conditions for industrial growth, technological leadership, higher wages, and rising living standards. Those that […]
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As Europe contemplates a post-Russia/Ukraine war landscape, the imperative to re-arm and rebuild credible conventional deterrence has never been clearer. Tanks, artillery systems, armored vehicles, munitions, and supporting infrastructure all demand vast quantities of high-quality steel—often 50–60 tonnes for a main battle tank and up to 100 tonnes for certain self-propelled artillery pieces. Yet the […]
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U.S. oil and gas drillers posted a modest weekly gain according to the industry’s most widely followed benchmark, while production continues to hold near record levels. This points to ongoing capital discipline even as output edges higher. The Latest Rig Counts Baker Hughes reported the U.S. rotary rig count rose 5 week-over-week to 593 for […]
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As the Iran-U.S. conflict grinds toward the six-month mark in mid-August 2026, Tehran continues to assert control over the Strait of Hormuz—the critical chokepoint through which roughly one-fifth of global oil and LNG once flowed—while the United States maintains a naval blockade on Iranian ports and escalates economic pressure. Treasury Secretary Scott Bessent has signaled […]
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California’s aggressive pursuit of Net Zero and 100% clean electricity has produced record solar milestones, massive battery buildouts, and political talking points about climate leadership. It has also delivered some of the nation’s highest electricity prices, chronic reliability problems, heavy reliance on out-of-state imports, and a grid vulnerable to regional shortfalls and global energy shocks. […]
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“14 to 15 million barrels a day are leaving the Arabian Gulf region versus the 20 million barrels a day pre-conflict.” – Secretary Chris Wright In an exclusive interview on Fox News’ Special Report with Bret Baier on August 13, 2026, U.S. Energy Secretary Chris Wright provided a clearer picture of oil flows amid ongoing […]
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How Blue States are lining up to follow the UK and EU into fiscal and energy collapse. We are getting Kathryn scheduled on the Energy News Beat podcast soon. In her August 13, 2026, commentary for The Telegraph, independent energy analyst Kathryn Porter delivers a stark warning: Britain’s National Energy System Operator (NESO) is making […]
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