The Federal Reserve can raise rates. The Treasury can issue bills. Neither institution can weld a crude distillation unit back together after a drone strike, add inches to a California products pipeline, or refill Gatun Lake. That is the story of September 2026: crude is still findable; diesel is not. The constraint has moved downstream, […]
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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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The ongoing conflict in Iran has triggered a profound energy crunch that extends far beyond crude oil prices. While Brent crude has retreated to around $90 per barrel from a wartime peak near $126, global shortages of refined products—diesel, gasoline, and jet fuel—have intensified. Global refinery throughput in July 2026 ran nearly 5 million barrels […]
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The U.S. diesel crack spread—the premium of ultra-low sulfur diesel (ULSD) futures over West Texas Intermediate (WTI) crude—has shattered every historical record. On Monday, August 17, 2026, it surged to an intraday all-time high of $102.20 per barrel and settled in triple digits for the first time, hovering around $100 the following day. For context, […]
Continue ReadingThis is an important story that is evolving as we speak. Stu Turley wrote about this a year ago, and it is now evolving into a mix of how the global finance market is morphing into gold-backed securities rather than a security based upon nuclear military might. This is a huge change, and when you […]
Continue ReadingIn the ever-evolving landscape of global energy markets and finance, few concepts have sparked as much debate as the \”petrodollar.\” Coined to describe the system where oil is predominantly priced and traded in U.S. dollars, this arrangement has underpinned American economic dominance for decades. But recent shifts—ranging from Saudi Arabia\’s geopolitical realignments to surging gold […]
Continue ReadingWeekly Daily Standup Top Stories Dallas Fed Survey Reveals Unrest in America’s Shale Patch September 27, 2025 Clark Savage ENB Pub Note: This article is from David Blackmon’s Substack, and we recommend subscribing. This brings up a huge discrepancy between “Drill Baby Drill” and what is actually happening in the oil and gas industry […] U.S. Shale […]
Continue ReadingWall Street rediscovers that oil and gas are a much better market than renewables. The world is short Trillions of dollars of investments just to meet decline curves, and the oil and gas companies in the U.S. have been giving shareholder returns thanks to the Governance portion of ESG. This return to investment from Wall […]
Continue ReadingThe global oil markets are entering a period of heightened uncertainty following the European Union\’s decision to trigger \”snapback\” sanctions on Iran. On September 27, 2025, France, Britain, and Germany activated this mechanism under the 2015 Joint Comprehensive Plan of Action (JCPOA), reimposing sweeping United Nations sanctions that had been lifted as part of the […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley welcomes Paul Auslander, CFP, and President of Seabridge Private Wealth, for a sharp, insightful dive into the economic and investment landscape following the passage of the “Big Beautiful Bill.” They unpack the bill’s impact on tax cuts, interest rates, energy dominance, and bond […]
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