The Denver frac company’s third-quarter sales rose 26% from a year ago, and it raised its dividend 11%. But adjusted earnings came in below forecasts, and a markdown on investments pushed it to a $39 million net loss. Liberty Energy (NYSE: LBRT), a top North American frac company, reported its third-quarter results after the market […]
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I was on a roll today. “Virginia Gov Drives the Net Zero Budget Like a Shoppin Cart” In this week’s Energy News Beat podcast, host Stu Turley tackles the critical energy challenges facing America, from skyrocketing diesel prices and refinery closures to the political policies driving energy costs higher. With diesel at $6.32 per gallon […]
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The San Antonio refiner’s third-quarter profit rose about sixfold from a year ago, beating Wall Street’s forecast. Here is what a $72-a-barrel diesel margin means, what it doesn’t, and why it swings. Diesel costs $6.31 a gallon this morning, the AAA national average at 6:24 a.m. CT, up from $3.63 a year ago. That is […]
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As of mid-to-late October 2026, U.S. drilling activity shows modest weekly stability or small gains depending on the source, set against a solidly higher year-over-year base. Oil-directed activity continues to dominate; the Permian remains the clear leader, and inventory data point to tighter crude and gasoline stocks alongside a distillate build that still leaves supplies […]
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This was a fun podcast, and we covered a lot, including Bloom Energy and Neil’s Substack, The AI Grid Report. We highly recommend subscribing. In this episode of the Energy Newsbeat Podcast, host Stu Turley sits down with Neil Winward, founder of Dakota Ridge Capital and author of the AI Grid Report Substack, to explore […]
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Bloom Energy sells on-site fuel-cell power plants to data centers, utilities, and businesses, and markets them as “clean energy.” ENB checked the company’s filings, product specs, and deals against federal data. Bloom’s sales and profits rose sharply in the first half of 2026, and as of the Oct. 21, 2026 close, its stock was up […]
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An Energy News Beat Channel Analysis Elon Musk’s two flagship companies have moved from informal collaboration into formal merger exploration. On October 20, 2026, during SpaceX’s Q3 earnings call, Musk confirmed that special committees of independent directors have been formed at both SpaceX and Tesla at the request of shareholders to evaluate a combination.Ars Technica […]
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Energy Secretary Chris Wright says the U.S. is talking about “reopening every refinery we can.” With diesel at $6.32 and U.S. plants already running hard, ENB checked which shut refineries could realistically return, and how fast. If you drive a diesel pickup, run a farm or haul freight, here is the number that matters this […]
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Washington has the authority and a $1 billion DPA fund for refinery projects, and it is talking with shut refineries about restarts. Valero’s idled Benicia plant is part of the talks, but the owner is weighing redevelopment and the state is paying for imports. If you drive in California, you pay for the state’s refinery […]
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A mild weather outlook pushed U.S. gas futures to a more-than-two-week low while oil and European gas stayed expensive. Cheaper gas is only part of your bill, and America’s storage cushion is thinner than it looks. Here’s some welcome news as the furnace season starts. U.S. natural gas futures slipped below $3 on Tuesday. The […]
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