Category: Gasoline

Anas Alhajji Asks the Right Questions: How Long Can Strong U.S. Petroleum Product Exports Continue Before Causing Domestic Shortages and Price Spikes?

Clark Savage136

Energy markets are flashing warning signs as U.S. petroleum product exports remain near record highs while domestic inventories tighten amid escalating geopolitical risks in the Middle East. Veteran energy analyst Anas Alhajji (@anasalhajji) highlighted these concerns in his July 9, 2026, Daily Energy Report on X and Substack, posing a series of pointed questions that […]

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250 Years of Energy: How America’s Abundant Natural Resources Powered a Rising Nation — And Why Smart Policy Will Determine the Next Century

Clark Savage112

This article was first Run on The Energy News Beat Substack. If you would like to make a comment, head over there.  There is a pattern that the more political regulatory overreach, innovation, and lower costs to consumers are quashed. From the wood fires that warmed homes and fueled early industry in 1776 to the […]

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Russia’s Fuel Crisis Deepens as Putin Acknowledges Growing Gasoline Shortages

Clark Savage101

Putin admitted Russia is experiencing fuel shortages and long lines at gas stations, while insisting the situation remains manageable. Ukrainian drone attacks on refineries, pipelines, and oil terminals have forced fuel restrictions across numerous Russian regions. Moscow is considering a diesel export ban and prioritizing fuel supplies for agriculture as it seeks to stabilize the […]

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Phillips 66 CEO Mark Lashier warned of greater refining and petrochemical earnings volatility from Hormuz disruptions

Clark Savage118

Phillips 66 Chairman and CEO Mark Lashier issued a clear warning on June 24, 2026, at the Reuters Global Energy Forum in New York: refining and petrochemical earnings face greater volatility due to ongoing uncertainty from disruptions in the Strait of Hormuz. Lashier highlighted how uncertainty in crude supply and shipping lanes causes refining margins […]

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US Crude Refiners Are Pushing Run Rates to Maximum Levels: Safety Concerns, Maintenance Trade-offs, Export Boom, and Investor Implications

Clark Savage296

US refiners are operating plants at elevated run rates, with some delaying scheduled maintenance amid strong refining margins and steady-to-robust fuel demand. According to a Bloomberg report from June 1, 2026, the industry saw one of its lightest maintenance seasons in recent memory, with an average of only 470,000 barrels per day (bpd) of processing […]

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California Extends Its Key Climate Programs, Condemning the State to High Energy Prices

Clark Savage165

On Friday, May 29, 2026, the California Air Resources Board (CARB) approved sweeping updates to the state’s Cap-and-Invest program (formerly Cap-and-Trade), extending California’s signature climate initiative through 2045. State regulators framed the changes as a balanced move to meet aggressive greenhouse gas reduction targets while supporting affordability and preventing industry “leakage”—the exodus of major polluters […]

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