WASHINGTON — On August 24, 2026, U.S. Treasury Secretary Scott Bessent announced the launch of “Operation Economic Outcast,” describing it as an unprecedented campaign to sever Iran’s remaining economic lifelines. Speaking at a press conference, Bessent stated: “Today, at President Trump’s direction, the United States Treasury has begun Operation Economic Outcast… Our objective is to […]
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An Iran-linked cyberattack shut down a small-scale energy generator in the United Kingdom for four days in July 2026, marking what officials and reports describe as the first successful infiltration of a UK energy facility by Iranian-affiliated hackers. The incident, first detailed by The Telegraph and confirmed by UK authorities, involved no threat to the […]
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In this episode of the Energy Realities podcast, hosts Stu Turley, Dr. Tammy Nemeth, and David Blackmon tackle the most pressing energy security challenges facing the Western world today. From the UK’s crumbling electrical grid infrastructure to record-breaking diesel price spikes that threaten global supply chains, the conversation reveals a troubling pattern: energy crises are […]
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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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HF Sinclair Corporation (NYSE: DINO) just delivered its strongest quarterly results in years while simultaneously announcing it will retire the base oil refining assets at its Mississauga, Ontario facility—Canada’s largest (and essentially only significant) producer of Group II and Group III base oils. The decision comes amid a highly profitable lubricants segment, not losses. The […]
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We cover 10 Big Stories on the Energy News Beat Stand Up Welcome to the Energy Newsbeat, where host Stu Turley breaks down the ten most critical energy stories shaping global markets and infrastructure. In this episode, we explore a landscape marked by unprecedented challenges and opportunities: from the alarming vulnerability of the U.S. power […]
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ENB Pub Note: This article originally appeared on David Blackmon’s Substack; we highly recommend subscribing. We will be covering this on several podcasts this week. This also brings in the Hydro Connection from Canada to New York City that we have covered. It is not wise to spend billions on importing energy without alternative sources […]
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Britain is running out of shallow waters suitable for fixed-bottom offshore wind turbines and is now pivoting aggressively to floating wind farms in deeper seas around Scotland, Wales, and Cornwall. According to recent reporting, the government aims for roughly 3,000 new floating turbines over the next 10–15 years (about 500 by 2030), adding around 30 […]
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Order a heavy-duty gas turbine from GE Vernova today, and it will not arrive until 2031. That production reality, confirmed on the company’s July 22, 2026, earnings call, sits beneath nearly every ambitious AI data-center power plan announced in recent years. GE Vernova closed the second quarter with a combined gas-power equipment backlog and slot-reservation […]
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The U.S. power grid faces a long-standing vulnerability that has resurfaced in recent discussions: a coordinated attack on a small number of critical substations could trigger a cascading nationwide blackout lasting months—or longer. This warning, originally highlighted by former Federal Energy Regulatory Commission (FERC) Chairman Jon Wellinghoff, stems from analysis following the 2013 Metcalf substation […]
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