Welcome back to the Energy Newsbeat podcast. Today, we’re diving deep into one of the most critical—and misunderstood—issues facing America’s energy future. Most people think the grid is just the wires and power plants they see. But what if I told you two grids are operating at the same time, and they’re increasingly working against […]
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TC Energy’s Columbia Gas Transmission (TCO) declared force majeure Thursday after an unexpected mechanical issue on the Mountaineer XPress (MXP) system forced an immediate pressure reduction on Line 100 between the Mt. Olive Compressor Station in Jackson County and the Saunders Creek Regulator Station in Cabell County, West Virginia. The restriction takes the MXPSEG MA42 […]
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A diesel export ban is the kind of policy that polls well and trades poorly. With the AAA national average at about $6.53 a gallon as of September 22, 2026 — a record — and California well above $8, the political impulse is obvious: keep more barrels at home. That impulse misunderstands how U.S. refining […]
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Ineos, the chemicals giant owned by Sir Jim Ratcliffe, is idling all three of its world-scale acetyls plants in Hull, northern England. The facilities—Europe’s last remaining plants of their kind—produce essential feedstocks for pharmaceuticals, clothing, cosmetics, detergents, construction materials, and military explosives. Two have already stopped production; the third will follow in days. The site […]
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The United States is not short of crude oil. It is short of spare refining capacity, spare distillate inventory, and spare time. Diesel is the pressure point. National retail diesel is printing all-time highs near $6.40 a gallon. California is above $8.30. Midwest pump prices are breaking state records after ExxonMobil’s Joliet refinery in Illinois […]
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The New York Stock Exchange is losing its first major operating-company listings to Dallas’s new Texas Stock Exchange. Energy Transfer LP and fuel distributor Sunoco LP — along with affiliates SunocoCorp LLC and USA Compression Partners LP — will leave the NYSE after the close on October 2, 2026, and begin trading on TXSE on […]
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Late last month, Prime Minister Mark Carney pulled Canadian negotiators from the table and walked away from what the White House called the most preferential market access any country had received. The United States had proposed deep cuts on steel, aluminum, autos, lumber, and more. Carney rejected it. On September 8, Canada’s dollar-for-dollar retaliatory tariffs […]
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Data Centers Done Right are a good thing – Done Wrong and we get problems. This is not a fringe NIMBY story. Polling flipped with unusual speed. A March 2026 Gallup survey found 71 percent of Americans opposed a data center in their area, including 48 percent who were strongly opposed — higher than opposition […]
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American electricity customers are facing sticker shock that goes far beyond ordinary inflation. In the nation’s largest grid region, PJM Interconnection—serving 65 million people across 13 states and Washington, D.C.—capacity prices have risen from roughly $29 per MW-day in the 2024/2025 auction to $270, then $329–$333 per MW-day in subsequent auctions. That is an increase […]
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Britain’s downstream oil sector is shrinking in real time. Two refineries closed in 2025—Grangemouth in April and Lindsey in August—leaving only four operating sites: Fawley, Humber, Pembroke, and Stanlow. Liquid fuels still account for 47 percent of UK final energy consumption. There are no scalable near-term substitutes for diesel in freight, agriculture, and construction or […]
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