A $480 million Energy Dominance Financing loan will modernize Arena Energy platforms off Louisiana. Peak output is projected at up to 38,600 barrels a day — a real add, not a price mover. Secretary Wright told Fox Business it will lower pump prices. Today’s first sub-$4 national average since July has other causes. By Energy […]
Continue Reading
Blue states and Democratic-led policies continue to drive aggressive targets for wind, solar, and battery storage as part of broader clean-energy mandates. California aims for 100% carbon-free electricity by 2045, New York for a zero-emissions grid by 2040, and similar Renewable Portfolio Standards (RPS) or Clean Electricity Standards (CES) in other Democratic-leaning states push high […]
Continue Reading
The 75,000-barrel rule is real—but it is not an expansion ban. Here is where America should look for practical refinery gains. By Energy News Beat | November 7, 2026 A refinery headline meets the family fuel budget For families watching the gas pump and small businesses paying diesel bills, “expand the refinery” sounds like welcome […]
Continue Reading
Diesel is $6.26 a gallon, $2.55 more than a year ago, and U.S. stocks just hit the lowest level for this time of year in EIA records. Wholesale prices have eased since our Oct. 14 report, but the IEA still says lost inventories are unlikely to be rebuilt before the second half of 2027. Here […]
Continue Reading
Regular averaged $4.149 on Tuesday morning, the highest Election Day price on record in nominal dollars. Diesel was $6.288, and heating oil has started the winter above $6 a gallon. Ukraine is hitting Russian refineries again, and nine states are electing the people who set utility rates. Here is what each of those numbers does […]
Continue Reading
On October 28, 2026, the U.S. Department of Energy’s Office of Energy Dominance Financing closed a $5.1 billion, 30-year loan package to Alliant Energy subsidiaries serving Iowa and Wisconsin. The financing supports new natural gas generation, energy storage, and upgrades that will add more than 2.6 GW of firm or upgraded capacity—enough to power the […]
Continue Reading
Exxon, Chevron, Shell and BP report this week. Crude slipped last quarter, but diesel did not. Refiners’ margins roughly tripled from a year ago, and EIA data show refining now takes a bigger slice of every gallon you buy. By Energy News Beat. AAA prices read Oct. 27, 2026, 6:57 a.m. CT; EIA data checked […]
Continue Reading
Henry Hub futures slid to about $2.51 as warm forecasts trimmed heating demand. Here’s what that means for your heating bill, your power bill, and EQT’s all-stock deal for Range Resources. By Energy News Beat Natural gas fell Monday morning. The front-month Henry Hub futures contract fell more than 4% to about $2.51 per million […]
Continue Reading
We checked all six claims against EIA, DOE, EPA and IEA records. Three are moving real barrels today, but only one at scale. The rest are small, slow, disputed or not about gasoline at all. By Energy News Beat If you filled up this weekend, you paid about $4.29 a gallon for regular and $6.35 […]
Continue Reading
EIA’s October outlook has the U.S., Brazil, Guyana, Canada and Argentina adding barrels with no Gulf chokepoint in the way, while Hormuz flows collapsed and OPEC supply is forecast to drop by nearly a fifth. For consumers, the growth in supply is coming from this hemisphere. In its October Short-Term Energy Outlook, the U.S. Energy […]
Continue Reading