President Trump’s Midterm Diesel Probability Forecasting Tool ties record distillate prices directly to Senate control odds less than five weeks before the November 3 vote. Retail on-highway diesel sat at $6.382 per gallon for the week of September 28 (EIA), down only modestly from the $6.529 record the prior week and more than $2.60 above […]
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Tankers are burning in the Strait of Hormuz, visible traffic through the waterway has collapsed to a fraction of normal levels, and U.S. Energy Secretary Chris Wright says he is “highly confident” Europe will draw down emergency diesel stocks to ease a global shortage. The combination is keeping a firm geopolitical premium in crude while […]
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A forecast is not a plan. A storage target is not a molecule. And a press release about “diversified supply” does not fill a cavern in Bavaria when the cargo is sitting in the Pacific because Seoul or Dhaka paid more. As of late September 2026, the European Union is heading into the heating season […]
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Kirk Edwards, President of Latigo Petroleum, stops by the Energy News Beat Podcast In this episode of the Energy News Beat Podcast, host Stu Turley sits down with Kirk Edwards, President of Latigo Petroleum, to discuss the critical energy challenges reshaping global markets. From diesel shortages and geopolitical tensions to drone warfare targeting refineries, the […]
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A Ukrainian drone strike on Friday forced Russia’s Novoshakhtinsk refinery in the Rostov region offline, according to regional governor Yury Slyusar. The plant, which processes about 110,000 barrels per day (roughly 5–5.6 million tons per year), is not one of Russia’s giants. It is, however, a clean illustration of why diesel—the workhorse fuel for trucking, […]
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Special Guest Richard Norris Pandreco on the Energy Realities Podcast with Dr. Tammy Nemeth, David Blackmon and Stu Turley In this episode of the Energy Realities podcast, hosts David Blackmon, Stu Turley, and Dr. Tammy Nemeth sit down with Dr. Richard Norris, managing director at Pandrako Advisors and author of the Energy IQ Substack, […]
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Oil and liquefied natural gas moving through the Strait of Hormuz over the past two weeks reached a six-month high, U.S. Central Command chief Adm. Brad Cooper said Saturday, crediting mine clearance, naval escorts, and coordination with Gulf producers, insurers, and shipowners. The same briefing drew a sharp contrast: Gulf partners have moved more than […]
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The U.S. Coast Guard and FBI boarded a Liberian-flagged very large crude carrier bound for Galveston, Texas, and a second energy tanker headed for another Texas port in the Gulf of Mexico after investigators found indications that foreign cyber actors had compromised their networks. Iranian state media claimed hackers seized control of propulsion, navigation, cargo, […]
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NASA fire-detection satellites and open-source thermal data captured two intense fires at the Aramco complex in Yanbu on Saudi Arabia’s Red Sea coast, each radiating roughly 40 megawatts of heat—far above the 5–10 megawatts typical of a routine flare. The detections, highlighted in reporting shared by Chris Martenson quoting Mario Nawfal, come as Yanbu has […]
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Oil prices jumped more than 3% in early Asian trading Monday as weekend attacks by Yemen’s Iran-aligned Houthis and strikes in the Strait of Hormuz compounded an already fragile supply picture. By mid-session, Brent was trading near $107–$109 a barrel and WTI around $102–$104, levels last seen in the spring. The immediate catalyst was a […]
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