Category: Diesel

President Trump’s 2026 Jones Act waivers moved tens of millions of barrels of U.S. energy that the domestic fleet could not carry. Freight savings are real but modest on a national scale; the larger story is avoided shortages, reopened domestic routes, and a live stress test of a 1920 law that left the United States with too few ships.

Clark Savage186

On March 17, 2026, the Department of Homeland Security issued the longest and broadest Jones Act waiver since at least 1950, covering energy commodities and fertilizer inputs. The waiver was extended twice and now runs through November 15, 2026, with a narrower product list and voyage-by-voyage review after August 17. The Cato Institute’s Jones Act […]

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Why Are Global Diesel Prices So High? Exhibit A: Ukraine Drone Hits Novoshakhtinsk Refinery

Clark Savage181

A Ukrainian drone strike on Friday forced Russia’s Novoshakhtinsk refinery in the Rostov region offline, according to regional governor Yury Slyusar. The plant, which processes about 110,000 barrels per day (roughly 5–5.6 million tons per year), is not one of Russia’s giants. It is, however, a clean illustration of why diesel—the workhorse fuel for trucking, […]

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White House Showing Restraint on a Diesel Export Ban Is the Right Call for American Energy Dominance

Clark Savage182

The White House’s decision this week to step back from a blunt 90-day diesel export ban is one of the most important energy-security signals of 2026. Record pump prices invited a political shortcut. The administration, led by Energy Secretary Chris Wright, instead chose the harder and more honest path: keep the refining system running and […]

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The real story is not that China is “back buying everything.” It is that Beijing throttled demand, shifted suppliers, drew inventories, and is now restocking only where landed cost still works — while $1 million-a-day VLCCs make a return to the old full-cycle buying pattern expensive and unlikely.

Clark Savage166

That is the argument Javier Blas is making in his September 23 Bloomberg Opinion column, China Isn’t Buying More Oil, It’s Buying From Different Markets (also framed as “Don’t Believe the Hype About China’s Oil Buying”). The global market treated China’s pre-war appetite as a floor. In 2026 it became a valve. The Blas thesis: […]

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Refineries Under Fire: How Policy, Geopolitics, and Climate Ideology Created a Global Energy Crisis

Clark Savage118

Special Guest Richard Norris Pandreco on the Energy Realities Podcast with Dr. Tammy Nemeth, David Blackmon and Stu Turley   In this episode of the Energy Realities podcast, hosts David Blackmon, Stu Turley, and Dr. Tammy Nemeth sit down with Dr. Richard Norris, managing director at Pandrako Advisors and author of the Energy IQ Substack, […]

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