The Energy Bill Is the Part Governments Control. German automakers put China and a brutal electric-vehicle price war first, and they are right to. Energy costs show up most clearly in the chemicals plant, in Britain’s steel towns, and at the California pump. German automakers put China and a brutal electric-vehicle price war first, and […]
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AAA’s national regular average stayed under $4 on Nov. 11, at $3.9429 a gallon, after falling to $3.9788 on Nov. 10 for the first time since July 19. Diesel is $6.1306. Crude’s November slide was built on hopes the war was winding down. After Mohsen Rezaei’s denial of U.S. claims of talks, that trade is […]
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Four tankers that left Russia declaring U.S. destinations have turned away, the Wall Street Journal reports. Two are headed to Brazil, one has reached Egypt, and the fourth was listed for South America in Kpler data cited by the Journal on Nov. 10. No barrels have landed here. Diesel is still $6.13 a gallon — […]
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Cato’s Jones Act Waiver Tracker, as of Oct. 30, counted 337 voyages and 90.3 million barrels of gasoline, crude, jet fuel, diesel, propane and more — and called that a floor, not a complete tally. The West Coast, Puerto Rico and New England all used the waiver. Cargo must be loaded by 11:59 p.m. ET […]
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The 75,000-barrel rule is real—but it is not an expansion ban. Here is where America should look for practical refinery gains. By Energy News Beat | November 7, 2026 A refinery headline meets the family fuel budget For families watching the gas pump and small businesses paying diesel bills, “expand the refinery” sounds like welcome […]
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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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New Jersey Governor Mikie Sherrill has formally warned the state’s port and terminal operators against accepting Russian diesel cargoes authorized under a Trump administration deal, arguing the imports violate a 2022 federal statute and could expose businesses and individuals to substantial civil and criminal penalties. In a November 2 letter to operators, Sherrill stated that […]
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The country’s largest refiner earned more than five times what it made a year ago. Here is what a $45.70-a-barrel margin looks like on the sign at your gas station. By Energy News Beat | Nov. 3, 2026 If you filled up this summer and wondered where the money went, Marathon Petroleum just showed you […]
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Regular averaged $4.149 on Tuesday morning, the highest Election Day price on record in nominal dollars. Diesel was $6.288, and heating oil has started the winter above $6 a gallon. Ukraine is hitting Russian refineries again, and nine states are electing the people who set utility rates. Here is what each of those numbers does […]
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Valero Energy Corporation (NYSE: VLO) has agreed to acquire LyondellBasell’s former Houston Refinery site for $320.5 million and plans to restart 165,000 barrels per day (bpd) of light sweet crude processing capacity by the end of 2027. The deal, announced October 30, 2026, expands Valero’s Gulf Coast refining footprint adjacent to its existing Houston plant […]
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