The market got a supply headline it has been waiting for. Saudi Arabia has restarted the East-West Pipeline and could resume loadings from Yanbu on the Red Sea as soon as Tuesday, according to sources briefed on the matter. The line is still pumping at a low rate after drone strikes forced a shutdown around […]
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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 global diesel squeeze just absorbed another shock. Overnight into Sunday, Ukrainian drones reached the Gazprom Neft Moscow Oil Refinery in Kapotnya — about 16 miles, or 25 kilometers, from the Kremlin — during what Russia called the largest drone barrage of 2026. This was not a one-off raid on a storage tank. It was […]
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In this episode of Energy Newsbeat, host Stu Turley and energy industry expert Rey Trevino tackle the perfect storm facing America’s energy sector. With diesel prices hitting record highs, critical refineries offline, and geopolitical tensions threatening global oil supplies, the hosts dissect nine major energy stories that reveal how decades of regulatory missteps and policy […]
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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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Energy News Beat — September 18, 2026 One of the Midwest’s most important diesel and gasoline plants is still dark. ExxonMobil’s Joliet refinery in unincorporated Channahon Township, Illinois — about 40 miles southwest of Chicago — remains offline after a Sunday power outage and a subsequent flood that overwhelmed a pump. ZeroHedge flagged the outage […]
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The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 now sits on President Donald Trump’s desk after the House passed it 262-159 on September 16. The Senate had already approved it 86-11. The bill targets Russia’s energy sector, officials, banks, oligarchs, and shadow fleet while authorizing the president to impose tariffs of up […]
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Moscow is keeping diesel at home through the end of October. That decision lands on a European market that has already lost its old Russian supply line, is watching Saudi crude and product routes seize up, and is about to hear from the Bank of England on interest rates. The combination is not a single […]
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Diesel prices in the United States have smashed through records, topping $6.31 a gallon nationally as of September 16, 2026. Truckers, farmers, and households feel it immediately. Heating oil, chemically similar to diesel, is following the same path. With midterms weeks away, the political pressure is intense. Senate Majority Leader John Thune said he is […]
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Commercial crude oil inventories excluding the SPR fell 640,000 barrels to 423.4 million barrels. That was a third consecutive weekly draw, but smaller than Wall Street expected. Analysts in a Wall Street Journal survey had looked for a 1.4 million-barrel decline. Commercial crude is now about 1% above the five-year average for this time of […]
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