Diesel is $6.26 a gallon, $2.55 more than a year ago, and U.S. stocks just hit the lowest level for this time of year in EIA records. Wholesale prices have eased since our Oct. 14 report, but the IEA still says lost inventories are unlikely to be rebuilt before the second half of 2027. Here […]
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Regular averaged $4.149 on Tuesday morning, the highest Election Day price on record in nominal dollars. Diesel was $6.288, and heating oil has started the winter above $6 a gallon. Ukraine is hitting Russian refineries again, and nine states are electing the people who set utility rates. Here is what each of those numbers does […]
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Europe’s refinery rethink is real, smaller than the headlines, and exactly the argument California needs to hear. The state cut 21.5% of its refining capacity in seven years, 64% of the entire national decline, and now buys a fifth of its gasoline across a three-week ocean voyage with no pipeline to fall back on. By […]
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We checked all six claims against EIA, DOE, EPA and IEA records. Three are moving real barrels today, but only one at scale. The rest are small, slow, disputed or not about gasoline at all. By Energy News Beat If you filled up this weekend, you paid about $4.29 a gallon for regular and $6.35 […]
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Thanksgiving fares are up 31% and Christmas fares 23% from last year as jet fuel tops $4.90 a gallon. Airlines are passing on part of the bill and trimming their least profitable flights. If you are flying home for Thanksgiving this year, brace yourself. Hopper’s 2026 Holiday Travel Index puts the average good-deal domestic round […]
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Energy Secretary Chris Wright says the U.S. is talking about “reopening every refinery we can.” With diesel at $6.32 and U.S. plants already running hard, ENB checked which shut refineries could realistically return, and how fast. If you drive a diesel pickup, run a farm or haul freight, here is the number that matters this […]
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Washington has the authority and a $1 billion DPA fund for refinery projects, and it is talking with shut refineries about restarts. Valero’s idled Benicia plant is part of the talks, but the owner is weighing redevelopment and the state is paying for imports. If you drive in California, you pay for the state’s refinery […]
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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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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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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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