Tag: Energy
-
Gas Is Under $4. Diesel Prices Are Still Stuck Above $6.
Regular gas fell to $3.995 a gallon, its first reading under $4 since July. Diesel prices are still $6.13, and diesel’s premium over gas just hit a record. U.S. diesel stocks are at their lowest late-October level on record. Tax holidays, export bans and Russian barrels won’t fix a supply shortage. More American refining and…
-
Factories Had Their Best Month Since 2021. Prices Are Still the Problem.
The ISM manufacturing PMI rose to 55.5% in October, and factory production hit its fastest pace since November 2021. But input prices rose for a 25th straight month, and most survey comments were negative. Here’s what Washington should learn.
-
Europe Is Running Low on Gas This Winter. America Isn’t.
European gas prices just hit their highest level since 2022, with EU storage at about 75% heading into winter and Gulf LNG cargoes stuck behind the Strait of Hormuz. Meanwhile, US storage sits above its five-year average and American LNG now supplies around 30% of EU gas. Here’s why, and what Washington should learn from…
-
Oil Just Hit $117. Iran Is Betting You’ll Blame Washington.
Brent crude briefly topped $117 after Iran claimed hits on seven tankers in Hormuz. Tehran is using the gas pump as a weapon two weeks before Election Day.
-
America Can’t Build Anything. This Senate Bill Wants to Change That.
A bipartisan Senate permitting reform bill would put deadlines on federal reviews and stop permits from flipping with each election. Here’s why conservatives should back it before the Nov. 9 vote.
Latest News
