Crude is not scarce. Diesel out of the Atlantic basin is — and the refineries that could make it are not where the barrels are, or configured to run them. American margins are near records while Asian margins have collapsed, and that gap is doing more to set the price at your pump than the […]
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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 Dutch benchmark closed above €100 a megawatt-hour for the first time since 2022, and the same week U.S. gas futures traded near $3.00. One continent is bidding for winter. The other is drowning in its own supply. That gap is a policy choice, not weather. By Energy News Beat | Oct. 29, 2026 | […]
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The global liquefied natural gas (LNG) market is locked in an intensifying bidding contest between Asia and Europe, driven by severe disruptions to Qatari supplies through the Strait of Hormuz amid the US-Iran conflict that began in late February 2026. Spot prices have more than doubled—surging roughly 150% from pre-conflict levels near $10.40 per million […]
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On October 19, 2026, Albertans voted in a multi-question, non-binding referendum and delivered a decisive result on a question that has simmered for decades: whether the province should remain in Confederation or begin the constitutional process toward a future binding vote on separation. Unofficial results from Elections Alberta showed roughly 76 percent supporting Alberta remaining […]
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Russian President Vladimir Putin has proposed a trilateral summit with U.S. President Donald Trump and Chinese President Xi Jinping next month to discuss ending the war in Ukraine, according to an exclusive Wall Street Journal report cited by Bloomberg and other outlets on October 18-19, 2026.Bloomberg The idea was first raised during a phone call […]
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Iran says two loaded tankers hit mines. Ukraine ended a brief energy truce, the SPR put 17 million more barrels on offer, European wholesale gas sits $25 above the U.S. benchmark, and the Secretary of State is touring the world’s largest single-site refinery. Here is how this week’s five biggest stories land in your tank […]
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Europe’s remaining coal plants are generating unexpected profits while Asia burns more coal to fill an LNG gap created by Middle East disruptions. Global demand is heading for a record high in 2026. The rebound is real but uneven, largely temporary in the West, and more structural in Asia—until nuclear and cleaner alternatives scale meaningfully. […]
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Nine huge stories from the Energy News Beat Team – Buckle Up This was our second Live feed to Substack, and as we try to grow here, we want to hear from you: what is important, and what we can do better. I am still on a small high this week as we have been […]
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Prime Minister Mark Carney is moving ahead with a new Canada-EU “alliance” to be launched at the Canada-EU summit in Montreal on October 29-30, 2026. In an October 8 appearance in Sherbrooke, Quebec, he framed the step as advancing the relationship European Commission President Ursula von der Leyen floated on September 16—Canada as the EU’s […]
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