Veteran commodities strategist Jeff Currie says the odds that the U.S. average gasoline price hits $5 a gallon before the November midterms are “extremely high.” The former Goldman Sachs commodities chief, now founder and CEO of Real Macro and co-founder of 1947 Oil and Gas, told Bloomberg the energy shock has entered a dangerous new […]
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ENB Pub Note: This article first ran on America Outloud by Ronald Stein and Hoshihiro Moronaka. We highly recommend subscribing and reading their stories. Social media, smartphones, computers, and the many electronic devices that did not exist a century ago are being called “addictive.” A similar question is now being asked about the products made […]
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The Crude Truth about the Pain at the Pump ENB Pub Note: This article first ran on The Crude Truth Substack, and we recommend subscribing! Americans heading out for Labor Day weekend are paying the highest holiday-weekend gasoline prices on record. AAA’s national regular average closed Friday at $4.1474 a gallon — the first Labor Day […]
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Crude is still moving out of the U.S. Gulf Coast, but the bottleneck is no longer just barrels of oil. It is the world’s ability to turn those barrels into gasoline, diesel, and jet fuel—and to deliver the finished products where they are needed. Labor Day weekend is supposed to mark the seasonal turn lower […]
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This is a Joint Podcast with David Blackmon, and Stu Turley on both podcast platforms. The Jones Act: America’s Self-Inflicted Economic Wound In this episode of the Energy Newsbeat Podcast, hosts Stu Turley and David Blackmon sit down with Colin Grabow, Associate Director of the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies, […]
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The global diesel market is no longer just tight. It is rationing by price. This week the ICE gasoil crack — the difference between a barrel of crude and the diesel refined from it — hit a record $79 a barrel. In the United States, the diesel crack is trading well above $100 a barrel […]
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Britain’s downstream oil sector is shrinking in real time. Two refineries closed in 2025—Grangemouth in April and Lindsey in August—leaving only four operating sites: Fawley, Humber, Pembroke, and Stanlow. Liquid fuels still account for 47 percent of UK final energy consumption. There are no scalable near-term substitutes for diesel in freight, agriculture, and construction or […]
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ENB Pub Note: This article first ran on America Outloud by Ronald Stein and Mike Ariza. Both are great energy leaders and have been on the Energy News Beat Podcast. We highly recommend checking out America Outloud and subscribing. Because California’s transportation fuel market is isolated from the rest of the country, with no major […]
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If you think diesel prices will ease next year, Wall Street is not with you. On August 31, 2026, CoinBureau founder Nic Puckrin flagged Goldman Sachs for more than doubling its 2027 diesel-margin forecasts, arguing that refineries are being hit from every direction—Middle East strikes, Russian export bans, and winter demand—with diesel at the epicenter […]
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President Donald Trump is scheduled to sit down Tuesday afternoon, September 1, with executives from at least 10 U.S. fuel makers and distributors. The agenda is straightforward and politically urgent: persistently high gasoline and diesel prices, what the industry can do about them, and how to expand domestic refining capacity. We hope he looks for […]
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