In a bold escalation of its campaign against Russian energy infrastructure, Ukraine’s Security Service (SBU) claimed responsibility for a drone strike on the Port of Primorsk, Russia’s premier oil-loading terminal on the Baltic Sea. This […]
Daily Standup Top Stories California in Talks to Pay Hundreds of Millions to Valero to Stave Off Refinery Shutdown September 10, 2025 Clark Savage In a dramatic turnaround amid California’s escalating energy crunch, state legislators are […]
In a dramatic turnaround amid California’s escalating energy crunch, state legislators are reportedly negotiating to hand over hundreds of millions of dollars to Valero Energy Corp. to prevent the shutdown of its Benicia refinery in […]
In a bold move that underscores growing tensions over global environmental regulations, the United States has reportedly urged other nations to oppose a proposed United Nations deal aimed at curbing emissions from marine fuels, threatening […]
In a stunning reversal that underscores the pitfalls of California’s aggressive green energy agenda, the state’s plan to cap refiner profits—a measure signed into law by Governor Gavin Newsom in 2023—has been delayed by five […]
Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update On August 25, 2025, the Monday before Labor Day weekend, the retail price of regular gasoline averaged $3.15 per gallon (gal) across the United States, 5% […]
Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Five years after the COVID-19 national emergency was declared, gasoline demand, distillate demand, and jet fuel demand all remain less than pre-pandemic averages. Several factors are keeping demand, which we […]
In a move that underscores the mounting pressures on California’s oil refining industry, Phillips 66 is set to begin winding down operations at its 139,000 barrel-per-day (bpd) Los Angeles-area refinery starting in September 2025, with […]
In the early hours of August 28, 2025, Ukrainian forces launched a significant drone assault on multiple Russian oil refineries, marking yet another escalation in the ongoing conflict’s economic warfare. The attacks targeted the Kuibyshev […]
Motorists in the Midwest are feeling the pinch at the pump as gasoline prices have surged by an average of 27 cents per gallon in recent days, largely due to an unexpected outage at BP’s […]
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