ENB Pub Note: This article is from friends of the Energy News Beat podcast, Ronald Stein and Michael Karbowski, on America Outloud. We are looking to get them on the podcast in a few weeks. Currently, we have about 10 interviews going through production and have lots of news rolling. We highly recommend following Ronald […]
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ENB Pub Note: This article first ran on America OutLoud, and we highly recommend reading their publication. Ronald Stein, a great friend of the Energy News Beat Podcast, and Lance Christensen wrote this article on California and the pending crisis. Despite what out-of-state friends and family have said for years, California won’t fall into the […]
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The United States is not short of crude oil. It is short of spare refining capacity, spare distillate inventory, and spare time. Diesel is the pressure point. National retail diesel is printing all-time highs near $6.40 a gallon. California is above $8.30. Midwest pump prices are breaking state records after ExxonMobil’s Joliet refinery in Illinois […]
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The Federal Reserve can raise rates. The Treasury can issue bills. Neither institution can weld a crude distillation unit back together after a drone strike, add inches to a California products pipeline, or refill Gatun Lake. That is the story of September 2026: crude is still findable; diesel is not. The constraint has moved downstream, […]
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ENB Pub Note: This article first ran on America Outloud by Ronald Stein and Hoshihiro Moronaka. We highly recommend subscribing and reading their stories. Social media, smartphones, computers, and the many electronic devices that did not exist a century ago are being called “addictive.” A similar question is now being asked about the products made from crude […]
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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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The Crude Truth about the Pain at the Pump ENB Pub Note: This article first ran on The Crude Truth Substack, and we recommend subscribing! Americans heading out for Labor Day weekend are paying the highest holiday-weekend gasoline prices on record. AAA’s national regular average closed Friday at $4.1474 a gallon — the first Labor […]
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Crude is still moving out of the U.S. Gulf Coast, but the bottleneck is no longer just barrels of oil. It is the world’s ability to turn those barrels into gasoline, diesel, and jet fuel—and to deliver the finished products where they are needed. Labor Day weekend is supposed to mark the seasonal turn lower […]
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The global diesel market is no longer just tight. It is rationing by price. This week the ICE gasoil crack — the difference between a barrel of crude and the diesel refined from it — hit a record $79 a barrel. In the United States, the diesel crack is trading well above $100 a barrel […]
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ENB Pub Note: This article first ran on America Outloud by Ronald Stein and Mike Ariza. Both are great energy leaders and have been on the Energy News Beat Podcast. We highly recommend checking out America Outloud and subscribing. Because California’s transportation fuel market is isolated from the rest of the country, with no major transportation […]
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