In the wake of escalating tensions in the Middle East, triggered by the U.S.-led military operation against Iran under President Trump, global energy markets are reeling from sharp price increases. European governments are scrambling to mitigate the inflationary pressures on energy and food, with measures like price caps and restrictions on fuel price fluctuations. The […]
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Tim Stewart stops by the Energy News Beat and Energy Impacts Podcasts David Blackmon kicks off this joint podcast with Tim Stewart, President of the US Oil & Gas Association, and we have a wild discussion. 1. Oil and Gas Industry Volatility The speakers examine the current unstable state of the oil and gas sector, focusing […]
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Ronald Stein, Author and friend of the Energy News Beat Podcast, stops by! Gavin Newsom has created one of the largest National Security Risks the United States has ever seen. 1. California’s Declining Oil Refining Capacity The transcript focuses heavily on California’s shrinking refining industry. It discusses how Chevron has warned that additional refinery closures […]
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By Stuart Turley, Energy News Beat In a landmark announcement that underscores America\’s push toward energy dominance, President Donald J. Trump revealed on March 10, 2026, that America First Refining is set to open the first new oil refinery in the United States in nearly 50 years. Located at the Port of Brownsville in South […]
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ENB Pub Note: This article is from the California Globe. Gov. Newsom is presiding over perhaps the largest collapse of the oil industry, refinery operations and gasoline production in U.S. history By Katy Grimes, March 10, 2026 4:34 am With Marathon Petroleum sending a blistering warning to Governor Gavin Newsom and top state officials in a […]
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In the heart of America\’s energy landscape, California stands as a cautionary tale of ideological overreach. Under Governor Gavin Newsom\’s aggressive push toward net zero emissions, the state has waged an unrelenting war on its own oil and gas industry. This crusade, framed as a bold step against climate change, has instead crippled domestic production, […]
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In the wake of escalating geopolitical tensions and a rapidly evolving global energy landscape, Russia is decisively pivoting its gas and oil exports eastward. This strategic shift, driven by lucrative opportunities in Asia amid disruptions from the ongoing Iran conflict, is reshaping international energy dynamics. As Deputy Prime Minister Alexander Novak recently confirmed, negotiations are […]
Continue ReadingIn a striking sign of tightening global fuel supplies, Exxon Mobil has scheduled its first-ever shipments of gasoline from the U.S. Gulf Coast to Australia, totaling around 600,000 barrels this month. These cargoes, loading from Houston in mid-March aboard medium-range tankers like the Largo Eagle and Nord Ventura, consist mostly of gasoline with some diesel […]
Continue ReadingThe Strait of Hormuz, a narrow waterway connecting the Persian Gulf to the Gulf of Oman, remains one of the world\’s most vital energy arteries. In 2024, approximately 20 million barrels per day (b/d) of crude oil, condensate, and petroleum products transited this chokepoint, representing about 20% of global petroleum liquids consumption. Additionally, around one-fifth […]
Continue ReadingThe escalating conflict between the United States, Israel, and Iran has sent shockwaves through global energy markets, particularly affecting refined oil products like diesel, gasoline, and jet fuel. As of March 2, 2026, the war—now in its third day—has led to sharp price surges, disruptions in tanker traffic through the Strait of Hormuz, and heightened […]
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