Category: Supply Chain

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.

Clark Savage92

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 […]

Continue Reading

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

Clark Savage117

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% […]

Continue Reading

Why Won’t China Cut Ukraine Off From Drone-Related Sales?

Clark Savage110

ENB Pub Note: This article is from Andrew Korybko’s Newsletter, and we recommend subscribing to his Substack. It has some interesting Geopolitical Points.  Indefinitely perpetuating the Ukrainian Conflict through these means indefinitely delays the full implementation of the US’ planned “Pivot (back) to (East) Asia”, can lead to Russia selling its natural resource wealth to […]

Continue Reading

Global Diesel Shortage on the Horizon

Clark Savage654

If you think diesel prices will ease next year, Wall Street is not with you. On August 31, 2026, CoinBureau founder Nic Puckrin flagged Goldman Sachs for more than doubling its 2027 diesel-margin forecasts, arguing that refineries are being hit from every direction—Middle East strikes, Russian export bans, and winter demand—with diesel at the epicenter […]

Continue Reading

White House Declares National Emergency to Secure the U.S. Bulk-Power System – Will We See If Chinese Grid Equipment Is Removed?

Clark Savage856

President Trump signs Executive Order 14420, targeting foreign-made grid equipment, software, and remote-access gear as electricity demand from AI, manufacturing, and defense rises. President Donald J. Trump signed Executive Order 14420 on August 26, 2026, declaring a national emergency to secure the United States bulk-power system. The order invokes the International Emergency Economic Powers Act […]

Continue Reading

Jeff Currie Dropping the Truth on CNBC

Clark Savage465

Jeff Currie, founder and CEO of Real Macro and a veteran commodities strategist formerly of Goldman Sachs and Carlyle, appeared on CNBC’s Squawk Box on August 26, 2026, and cut through the usual noise. The segment title said it plainly: “The Strait of Hormuz is just one of many choke points being squeezed right now.” […]

Continue Reading

Mark Carney to Build a New Economy with the EU – It appears he is working for China and the EU, and not the Canadians.

Clark Savage447

Prime Minister Mark Carney’s government has accelerated efforts to deepen Canada’s economic and security ties with the European Union, framing diversification as essential amid escalating trade friction with the United States. Official statements and actions indicate a strategic pivot toward Europe (and select other partners) rather than prioritizing new comprehensive U.S. trade arrangements beyond existing […]

Continue Reading

HF Sinclair posts a profit and closes its only Canadian lubricant (base oil) refinery. Not because of no profits, but it is not worth doing business with Net Zero Leadership.

Clark Savage621

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 […]

Continue Reading

EU’s CBAM will cripple the ability to Re-Arm the EU in a Post Russia/Ukraine war

Clark Savage338

As Europe contemplates a post-Russia/Ukraine war landscape, the imperative to re-arm and rebuild credible conventional deterrence has never been clearer. Tanks, artillery systems, armored vehicles, munitions, and supporting infrastructure all demand vast quantities of high-quality steel—often 50–60 tonnes for a main battle tank and up to 100 tonnes for certain self-propelled artillery pieces. Yet the […]

Continue Reading