Financial Crisis Archives - Energy News Beat

Russia Says Three Diesel Tankers Are Headed for the U.S. The Two We Can Name Carry About 410,000 to 430,000 Barrels, Less Than 3 Hours of American Demand

October 24, 2026 Clark Savage5

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 […]

Six Holes in Virginia’s Energy Plan, Starting With Your Power Bill

October 23, 2026October 23, 2026 Clark Savage4

Virginia’s new Energy Plan promises to protect family budgets but never shows a household bill. It models 10,000 MW of import capacity, while PJM lists 5,992 MW; prices solar 41% below Dominion’s own filing; and leaves about $40.6 billion of Dominion spending outside the proposed rate freeze. Here are the six biggest holes. The full […]

Jet Fuel Nears a Record, and Families Pay More to Fly Home for the Holidays

October 23, 2026 Clark Savage4

Thanksgiving fares are up 31% and Christmas fares 23% from last year as jet fuel tops $4.90 a gallon. Airlines are passing on part of the bill and trimming their least profitable flights. If you are flying home for Thanksgiving this year, brace yourself. Hopper’s 2026 Holiday Travel Index puts the average good-deal domestic round […]

Spanberger Wants a Six-Year Rate Freeze. Her Merger Terms Push Clean Energy, Too

October 20, 2026October 21, 2026 Clark Savage38

Gov. Abigail Spanberger ran on lowering energy costs. Her Oct. 19 merger testimony asks for a base-rate freeze and bigger bill credits, plus a zero-carbon data center subsidiary, heat pump and EV rate If you are a Dominion Energy customer, the “typical” bill for 1,000 kilowatt-hours a month was $149.92 in July 2025. On July […]

The IEA Speeds Up 20 Million Barrels of Diesel. That Is About Five Days of U.S. Use, Not Cheap Diesel by the Midterms

October 16, 2026 Clark Savage39

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 […]

What Net-Zero Policies Add to Your Fuel and Power Bill, State by State

October 14, 2026 Clark Savage24

California’s Cap-and-Invest and Low Carbon Fuel Standard added about 47 cents a gallon in July (CEC). Washington’s carbon auction and clean-fuel rules add roughly 36–74 cents. The federal RFS is a separate 1-to-45-cent fight over gross credits versus net pump pass-through. We map the published estimates, keep taxes and refinery closures in their own buckets, […]

CPI Report Shows Diesel and Gasoline Impacted the Numbers

October 14, 2026 Clark Savage44

The September 2026 Consumer Price Index delivered a clear message: energy prices—especially gasoline and diesel—drove the latest inflation jump. Headline CPI rose 0.6% month-over-month and accelerated to 3.7% year-over-year, up from 3.4% in August, according to the Bureau of Labor Statistics.⁠Bls Gasoline prices surged 9.1% in a single month and accounted for more than half […]

IEA Says the Diesel Squeeze Lasts Well Into 2027. Futures Imply About $6 Diesel Into January

October 14, 2026 Clark Savage52

Diesel is $6.30 a gallon, $2.64 more than a year ago. The International Energy Agency now says the world’s diesel shortage runs “well into 2027.” We checked three clocks, the futures market, the government forecast and the IEA, to estimate how long $6 diesel can hang on, and who pays while it does. Our answer, […]

California’s energy crisis could bring the West Coast to its knees

October 13, 2026October 13, 2026 Clark Savage62

ENB Pub Note: This article is from America OutLoud, by Ronald Stein and Mike Ariza. Both have been on the Energy News Beat Podcast, and we recommend reading their work. California is the 4th largest economy in the world and an “ENERGY ISLAND that is separated from the other 48 continental States by the Rocky […]

California’s Bullet Train Faces a Cash Cliff by December 2027 — While Morocco’s French-Built Line Runs On Time and Under Budget

October 12, 2026October 12, 2026 Clark Savage78

The California High-Speed Rail Authority (CHSRA) could exhaust its available funding as soon as December 2027 unless it secures financing, according to the state’s Inspector General for High-Speed Rail. A cumulative funding gap of $9.5 billion from fiscal years 2027-28 through 2031-32 threatens construction schedules, with $2.2 billion specifically required in 2027-28 alone to stay […]

Category: Financial Crisis

Russia Says Three Diesel Tankers Are Headed for the U.S. The Two We Can Name Carry About 410,000 to 430,000 Barrels, Less Than 3 Hours of American Demand

Six Holes in Virginia’s Energy Plan, Starting With Your Power Bill

Jet Fuel Nears a Record, and Families Pay More to Fly Home for the Holidays

Spanberger Wants a Six-Year Rate Freeze. Her Merger Terms Push Clean Energy, Too

The IEA Speeds Up 20 Million Barrels of Diesel. That Is About Five Days of U.S. Use, Not Cheap Diesel by the Midterms

What Net-Zero Policies Add to Your Fuel and Power Bill, State by State

CPI Report Shows Diesel and Gasoline Impacted the Numbers

IEA Says the Diesel Squeeze Lasts Well Into 2027. Futures Imply About $6 Diesel Into January

California’s energy crisis could bring the West Coast to its knees

California’s Bullet Train Faces a Cash Cliff by December 2027 — While Morocco’s French-Built Line Runs On Time and Under Budget

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The Americas Are the New Oil Growth Engine: +1.66 Million Barrels a Day in 2026 as OPEC Output Falls 5.4 Million

Russia Says Three Diesel Tankers Are Headed for the U.S. The Two We Can Name Carry About 410,000 to 430,000 Barrels, Less Than 3 Hours of American Demand

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