ENB Pub Note: This article first ran on America OutLoud, and we highly recommend reading their publication. Ronald Stein, a great friend of the Energy News Beat Podcast, and Lance Christensen wrote this article on California and the pending crisis. Despite what out-of-state friends and family have said for years, California won’t fall into the […]
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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 paper oil markets continue to signal relative calm, with WTI futures hovering in the low-to-mid $80s per barrel range in late July 2026, even as the physical markets scream warnings of tightening supplies and stress. Futures traders appear focused on hopes of de-escalation, adaptability of flows, and potential diplomatic pauses. Yet the actual delivery […]
Continue ReadingJapan, the world\’s fourth-largest economy as of mid-2025, is grappling with a confluence of economic pressures that threaten its stability and energy security. From sluggish growth and surging bond yields to demographic decline and political upheaval, these challenges are amplifying the nation\’s heavy reliance on imported energy. As a net importer of over 90% of […]
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