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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In this episode of the Energy Newsbeat podcast, host Stu Turley sits down with David Blackmon (Forbes contributor and Energy Impacts podcast host) and Mike Umbro (energy innovator and founder of California for Energy and Science) to explore a groundbreaking solution to California’s energy crisis. The conversation centers on Geologic Thermal Energy Storage (GeoTES)—a revolutionary […]
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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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The summer of 2026 tested the U.S. electric grid with record heat and rising demand. According to the U.S. Energy Information Administration’s Hourly Electric Grid Monitor (based on Form EIA-930 data), three major regional transmission organizations (RTOs) set new peak hourly load records.Eia PJM (serving roughly 65–67 million people across all or parts of 13 […]
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Europe’s remaining coal plants are generating unexpected profits while Asia burns more coal to fill an LNG gap created by Middle East disruptions. Global demand is heading for a record high in 2026. The rebound is real but uneven, largely temporary in the West, and more structural in Asia—until nuclear and cleaner alternatives scale meaningfully. […]
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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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European benchmark natural gas prices remain near multi-year highs in mid-October 2026, approaching levels last seen at the end of 2022. The Dutch Title Transfer Facility (TTF) front-month contract traded around €86 per megawatt-hour (MWh)—roughly $96.50/MWh—after a sharp rally driven by constrained Middle East LNG supplies and historically low storage heading into winter. Prices have […]
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In this episode of the Energy News Beat Podcast, host Stu Turley sits down with Samuel Gibson, CEO and founder of Hadron Energy, to discuss a breakthrough solution to America’s urgent energy crisis. As data centers demand unprecedented power and the electrical grid strains under intermittent renewables, Hadron is developing a game-changing 10-megawatt microreactor designed […]
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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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