What Are the Next Steps for Venezuela’s Oil Production?

President Trump’s administration is in advanced talks with Venezuela’s interim government for what officials describe as a “massive” energy deal: a U.S. ownership stake or long-term lease covering 17 of the country’s most promising oil and gas fields holding about 90 billion barrels of proven reserves. That is nearly a third of Venezuela’s world-leading 300 […]

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Asia, Europe and US Diesel Crack Spreads Are On Fire – What does this mean for consumers and investors?

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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Why does Britain have the most expensive energy in the world? And why do Blue States Follow?

Hat tip to Claire Coutinho (then Energy Secretary, now Shadow Secretary of State for Energy) and the think tank Onward with modeling by Transira Energy. This article was first published on the Energy News Beat Substack.  Britain’s electricity prices rank among the highest in the developed world—frequently the highest for industrial users among IEA countries and […]

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Electricity policy is economic policy: The race for reliable power

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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California’s green dreams are turning into a dark nightmare for residents.- And how Does Texas Compare?

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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