On Thursday, the International Energy Agency agreed to accelerate the release of more than 20 million barrels of diesel, with no timeline. By our math, that is about 17 hours of world demand, or five days of U.S. use. Emergency barrels help, but they do not build refineries. – The key is whether they actually […]
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Morgan Stanley is leading an equity and debt fundraising for America First Refining’s planned $4 billion oil refinery at the Port of Brownsville, Texas—the first major new U.S. oil refinery in roughly half a century—according to the company. Chief Commercial Officer Tom Ramsey said at a Crude Oil Quality Association conference in Galveston on October […]
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Vice President JD Vance says the administration “has used” the Defense Production Act to expand Delek’s 74,000-barrel-a-day plant in East Texas. Diesel is $6.32 and nobody has published the dollars, the barrels or the start date. Here is what is real, what is not yet, and whether one small refinery can be the start of […]
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The Iran war that began around February 28, 2026, with U.S.-Israeli strikes and subsequent Iranian responses, has reshaped OPEC+ crude production and, more sharply, refined product exports. Pre-war levels (roughly February 2026) represented a relatively stable baseline after earlier OPEC+ quota management. Current output remains under significant stress from Strait of Hormuz disruptions, infrastructure attacks, […]
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California’s Cap-and-Invest and Low Carbon Fuel Standard added about 47 cents a gallon in July (CEC). Washington’s carbon auction and clean-fuel rules add roughly 36–74 cents. The federal RFS is a separate 1-to-45-cent fight over gross credits versus net pump pass-through. We map the published estimates, keep taxes and refinery closures in their own buckets, […]
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The September 2026 Consumer Price Index delivered a clear message: energy prices—especially gasoline and diesel—drove the latest inflation jump. Headline CPI rose 0.6% month-over-month and accelerated to 3.7% year-over-year, up from 3.4% in August, according to the Bureau of Labor Statistics.Bls Gasoline prices surged 9.1% in a single month and accounted for more than half […]
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Diesel is $6.30 a gallon, $2.64 more than a year ago. The International Energy Agency now says the world’s diesel shortage runs “well into 2027.” We checked three clocks, the futures market, the government forecast and the IEA, to estimate how long $6 diesel can hang on, and who pays while it does. Our answer, […]
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ENB Pub Note: This article is from America OutLoud, by Ronald Stein and Mike Ariza. Both have been on the Energy News Beat Podcast, and we recommend reading their work. California is the 4th largest economy in the world and an “ENERGY ISLAND that is separated from the other 48 continental States by the Rocky […]
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Hurricane Isaias, the first hurricane of the 2026 Atlantic season, made landfall near Destin in the Florida Panhandle on the evening of October 9 as a Category 2 storm. It prompted extensive precautionary shut-ins of offshore oil and natural gas production in the Gulf of America before tracking eastward and largely sparing major refining centers. […]
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The U.S. Department of Energy on October 10, 2026, authorized an emergency exchange of up to 4 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to address supply disruptions from hurricane activity in the Gulf of America. Source –Energy ExxonMobil and BP America each received authority for up to 2 million barrels. […]
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