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 […]
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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 […]
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Europe’s refinery rethink is real, smaller than the headlines, and exactly the argument California needs to hear. The state cut 21.5% of its refining capacity in seven years, 64% of the entire national decline, and now buys a fifth of its gasoline across a three-week ocean voyage with no pipeline to fall back on. By […]
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The war is in its ninth month and the United States has never taken Kharg. It did not have to: the blockade drove Iranian seaborne crude to zero with no American ground casualties, which is exactly what a seizure was supposed to deliver. The question worth asking is not whether America could hold the island. […]
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Prices are up 82% in a year. Washington has offered to lend out up to 315,000 barrels of emergency heating oil, and is pointing to a gas pipeline as the long-term fix. By Energy News Beat | Oct. 30, 2026 If you heat with oil in Maine, this week brought a number nobody wanted. The […]
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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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A Kern County oilman briefed two Cabinet secretaries on a plan to store sunlight as heat in old California oil fields for weeks at a time. The physics is real, and a national lab study backs storage on a terawatt-hour scale. But the only funded test is a 100-kilowatt pilot, and some of the biggest […]
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Governor Maura Healey is asking the Trump administration to move faster on a natural gas pipeline expansion she once made a political career out of opposing. The request landed on October 1, about a month before the November 2026 general election, in a letter to Energy Secretary Chris Wright urging federal agencies to clear reviews […]
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South Korea’s planned U.S. investment package includes a framework for eight large nuclear reactors, with Commerce Secretary Howard Lutnick naming Ohio, Tennessee, South Carolina, and Kentucky as expected host states. The September 30, 2026 White House announcement is real, but it is a commercial framework tied to last year’s tariff deal—not a zero-cost gift fully […]
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President Donald Trump announced Monday that Mesabi Metallics will construct a roughly $15 billion steel complex in Iowa—described by the White House as the largest steel plant in U.S. history. Combined with additional investment to complete the company’s Minnesota iron ore operations, the integrated project is valued at about $18 billion. The plant is slated […]
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