Author: Clark Savage

U.S. fuel prices have climbed to their highest levels since the Iran war began in late February, with diesel setting fresh all-time records and wholesale costs now exceeding the peaks seen before the first ceasefires.

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How high they go from here, and how long they stay elevated, depends less on crude alone than on a global refining system that is already running near its limits. Energy analyst John Kemp noted Wednesday that the combined cost of U.S. crude and refining margins is now higher than in early April. So far […]

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Canada’s Tariff Strategy Designed To Interfere With U.S. Midterm Elections. How many jobs will be sacrificed for Carney to win?

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Late last month, Prime Minister Mark Carney pulled Canadian negotiators from the table and walked away from what the White House called the most preferential market access any country had received. The United States had proposed deep cuts on steel, aluminum, autos, lumber, and more. Carney rejected it. On September 8, Canada’s dollar-for-dollar retaliatory tariffs […]

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Why are American’s utility bills are going up? Doug Sheridan has some great points.

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ENB Pub Note: This article was on Doug Sheridan’s LinkedIn post and his insights are spot on. Americans’ utility bills are delivering unpleasant surprises, with residential electricity prices rising at more than twice the rate of core inflation. California, Maine and New York have seen multi‑year rate hikes that would’ve been politically unthinkable a decade […]

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China Crude Buying Jumps, and Fuel Exports Jump 29% – Jeff Curry is Spot On. It’s about the lack of refining capacity.

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Chinese refiners are stepping back into the crude market while flooding product markets with extra gasoline and diesel, just as the rest of the world is running short of both barrels and refining capacity. August data show crude imports rising 6.2% from July to 8.93 million barrels per day, while refined product exports jumped 29% […]

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U.S. utilities and grid operators are urging households to prepare for tighter electricity supplies, possible rolling blackouts during extreme weather, and new risks from large loads like data centers

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Kind of Ironic that we lost power over the holiday and had a great dry run. Hope everyone had a great Labor Day weekend. As we had company, a storm rolled in on us, and only 900 people in our county were without power. As you have heard me say, it is better to prepare […]

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