A diesel export ban is the kind of policy that polls well and trades poorly. With the AAA national average at about $6.53 a gallon as of September 22, 2026 — a record — and California well above $8, the political impulse is obvious: keep more barrels at home. That impulse misunderstands how U.S. refining […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
Gasoline prices at the pump are falling fast, offering consumers relief after months of pain. But this relief comes amid depleted strategic buffers and lingering uncertainty over the recent Iran conflict and deal. For the Trump Administration, the trajectory of energy prices could either reinforce its political standing or expose vulnerabilities. Current Price Snapshot (Mid-June […]
Continue Reading