Unconfirmed Houthi strike claims on Saudi oil sites and a reported mine hit in Hormuz pushed Brent past $111. With diesel at $6.32, truckers, farmers and grocery shoppers carry the load, and U.S. barrels and refineries are the cushion. By Energy News Beat | Tuesday, Oct. 20, 2026 | Pump prices as of 7:19 a.m. […]
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On October 19, 2026, President Donald J. Trump, speaking at a campaign rally in Park City, Kansas, announced that the U.S. Department of Agriculture (USDA) would make $8 billion available through a new Harvest Fuel Relief (HFR) Program. The program provides one-time payments to American farmers to help offset elevated diesel costs and other increased […]
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Where your diesel dollar goes: the refiner’s slice of a gallon has roughly tripled in a year. Valero reports Thursday, and Wall Street expects about $21 a share. By Energy News Beat | Monday, Oct. 19, 2026 | Prices as of 6:28 a.m. CT unless noted If you topped off a 30-gallon diesel pickup this […]
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North Carolina now has the lowest state average in the country after a 41-cent break. Studies say most of a cut reaches drivers, but not all of it, and the bill for roads comes due later. If you filled up in North Carolina this morning, you paid about $3.61 for a gallon of regular. That […]
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ExxonMobil’s preliminary third-quarter update has put refining front and center for investors. Higher refining margins are expected to add roughly $4.5 billion to downstream earnings compared with the second quarter—on top of the $4.1 billion the company already generated from refining in Q2. That surge comes even as upstream earnings face an estimated $1.3 billion […]
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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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Morgan Stanley is leading an equity and debt fundraising for America First Refining’s planned $4 billion oil refinery at the Port of Brownsville, Texas—the first major new U.S. oil refinery in roughly half a century—according to the company. Chief Commercial Officer Tom Ramsey said at a Crude Oil Quality Association conference in Galveston on October […]
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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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The September 2026 Consumer Price Index delivered a clear message: energy prices—especially gasoline and diesel—drove the latest inflation jump. Headline CPI rose 0.6% month-over-month and accelerated to 3.7% year-over-year, up from 3.4% in August, according to the Bureau of Labor Statistics.Bls Gasoline prices surged 9.1% in a single month and accounted for more than half […]
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