EPA wants to scrap the “super emitter” leak program and ease the rules for marginal wells that make about 6% of America’s oil and gas. The savings are real, they are lumpy, and most of the money lands on wells that belong to the biggest operators. By Energy News Beat | Oct. 28, 2026 If […]
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Refining profit nearly doubled to $6.06 billion on 98% utilization and a third-quarter record 41% distillate yield. Record output is the good news. The margin is the warning. By Energy News Beat | Oct. 28, 2026 Company results from Phillips 66’s Form 8-K, Exhibit 99.1, filed Oct. 28, 2026; diesel, utilization and capacity data from […]
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Yemen’s Houthis say they hit Saudi Arabia’s largest refinery. Saudi Arabia has confirmed interceptions, not damage. Crude fell Tuesday on diplomacy and rose Wednesday on fear, while the national average held at $4.25 a gallon. By Energy News Beat | Oct. 28, 2026 | AAA read 6:14 a.m. CT Yemen’s Houthis say they hit Saudi […]
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Crude slipped on talks in Tehran, but diesel at $6.35 and heating oil near $4.83 wholesale are what families feel. What happens with Iran, not a campaign promise, will set the price at your pump on Nov. 3. By Energy News Beat | Oct. 27, 2026 | Prices checked 2:51 p.m. CT If you filled […]
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DOE approves an exchange of up to 400,000 barrels from an SPR already at its lowest level since 1982. A Phillips 66 spokesperson said the company expects no hit to operations. If you fill up anywhere in Louisiana or the Southeast, this one is worth a minute. On Friday, Oct. 23, the U.S. Department of […]
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Exxon, Chevron, Shell and BP report this week. Crude slipped last quarter, but diesel did not. Refiners’ margins roughly tripled from a year ago, and EIA data show refining now takes a bigger slice of every gallon you buy. By Energy News Beat. AAA prices read Oct. 27, 2026, 6:57 a.m. CT; EIA data checked […]
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Henry Hub futures slid to about $2.51 as warm forecasts trimmed heating demand. Here’s what that means for your heating bill, your power bill, and EQT’s all-stock deal for Range Resources. By Energy News Beat Natural gas fell Monday morning. The front-month Henry Hub futures contract fell more than 4% to about $2.51 per million […]
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Saudi Arabia hasn’t confirmed the East-West pipeline attack, and Brent slipped about 1.5% as hopes rose for talks in Tehran. What it means at the pump and in your portfolio. By Energy News Beat Futures as of about 7:05 a.m. CT Monday, Oct. 26 (Yahoo Finance; OilPrice.com); attack status as of 7:15 a.m. CT. If […]
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EIA’s October outlook has the U.S., Brazil, Guyana, Canada and Argentina adding barrels with no Gulf chokepoint in the way, while Hormuz flows collapsed and OPEC supply is forecast to drop by nearly a fifth. For consumers, the growth in supply is coming from this hemisphere. In its October Short-Term Energy Outlook, the U.S. Energy […]
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Moscow says three cargoes are on the water under the Trump-Putin diesel deal. Diesel is $6.34 a gallon, up $2.70 in a year, and Russia’s drone-battered refineries are the real bottleneck. Why Russia has so little to sell Russia has about 6.5 million barrels a day of installed refining capacity across 32 major refineries, but […]
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