The 2026 US-Iran war and the effective closure of the Strait of Hormuz have delivered a sharp shock to the global helium market. Helium, extracted primarily as a byproduct of natural-gas processing, has no short-term substitutes in many critical applications. Qatar’s Ras Laffan complex—source of roughly one-third of world supply—saw production halted after Iranian strikes […]
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Washington let Russian diesel in, then froze the new Russia sanctions law with no end date. Diesel is up 4.5 cents in a week. Filled up a diesel truck today? You paid about $6.32 a gallon, the AAA national average ($6.3224), up 4.5 cents from a week ago and $2.69 more than a year ago. […]
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Iran says two loaded tankers hit mines. Ukraine ended a brief energy truce, the SPR put 17 million more barrels on offer, European wholesale gas sits $25 above the U.S. benchmark, and the Secretary of State is touring the world’s largest single-site refinery. Here is how this week’s five biggest stories land in your tank […]
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U.S. upstream oil and gas mergers and acquisitions are showing renewed momentum heading into the fourth quarter of 2026, with foreign strategic buyers and private equity sponsors emerging as key potential catalysts for a late-year surge. After volatility tied to geopolitical events earlier in the year tempered activity, dealmaking rebounded in the third quarter, and […]
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Brent closed Friday at $109.86 and the futures market prices $100 oil into spring. Gas costs about nine times more in Europe and Asia than at Henry Hub, the U.S. benchmark, coal demand is headed for a record, and five of the world’s eight oil chokepoints have trouble. Here is what it means for your […]
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U.S. LNG exporter Venture Global (NYSE: VG) announced on October 15, 2026, that it has entered power and grid frame agreements with GE Vernova and Baker Hughes Energy Services. These cover up to 16 new 720 MW combined-cycle gas power island units plus associated transformers and grid equipment, potentially enabling roughly 11.5 GW of additional […]
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Canadian oil producers are failing to fully capture a global oil-price surge. Alberta’s oil sands operators are receiving roughly $26 a barrel less than U.S. rivals for their heavy crude, as the Western Canadian Select (WCS) discount to West Texas Intermediate (WTI) has widened dramatically in recent weeks—to levels not seen since late 2023. Source […]
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America does not primarily have an energy shortage. It has a permitting shortage. A new Federal Energy Regulatory Commission (FERC) proposal to streamline expansions of liquefied natural gas (LNG) facilities highlights both the opportunity and the limits of piecemeal reform. As energy analyst Stuart Turley notes, LNG expansion alone will not lower costs for consumers […]
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On October 16, 2026, President Donald Trump signed an executive order implementing the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 while simultaneously waiving most of its new sanctions, restrictions, and duties. The move, taken under the Act’s national-interest waiver authority (Section 115), came just days before the measures were set to take […]
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Washington spent billions to put wind, solar and batteries on the grid, and the biggest wave yet is arriving right as the tax credits run out. Here is what the data says about your bill, what it does not say, and why grid stability is the question to watch. By Stuart Turley, host of the […]
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