US Energy News
How Long Until Diesel Relief? Not This Winter, and Probably Not Before the Second Half of 2027
Diesel is $6.26 a gallon, $2.55 more than a year ago, and U.S. stocks just hit the lowest level for this time of year in EIA records. Wholesale prices have eased since our Oct. 14 report, but the IEA still says lost inventories are unlikely to be rebuilt before the second half of 2027. Here […]
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Exploration & Production
England’s Energy Independence Bill Is a Death Sentence to Their Domestic Production, and Increases Costs
Energy Security Starts at Home By the Energy News Beat Team, drawing on reporting and analysis in the spirit of Stu Turley On November 4, 2026, the UK Labour government under Prime Minister Andy Burnham introduced its Energy Independence Bill. Scottish Conservative MP Douglas Lumsden stood outside Parliament holding the bill and called it exactly […]
Chevron Raises Exploration Spending by 50% as It Returns to Frontier Basins, Prioritizing Geopolitical Diversification Away from Key Chokepoints
Chevron is sharply increasing its exploration budget by roughly 50%, targeting more than $1.5 billion in 2026 compared with just under $1 billion in 2025. The move, driven by Vice President of Exploration Kevin McLachlan (recruited from TotalEnergies), marks a deliberate return to high-impact frontier basins after years of heavier focus on the U.S. Gulf […]
World Bank Raised the Price of Energy. Its Rules Keep Africa’s Gas in the Ground.
October’s Commodity Markets Outlook lifted Brent to $91 for 2026 and marked European gas up 27%. It also cut Henry Hub, the one energy forecast that fell. The stage of the gas business that Africa’s offshore fields most need is the one stage the Bank’s lending rules still bar. By Energy News Beat | Oct. […]
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