As the Iran war enters its fifth week and the Strait of Hormuz remains effectively closed, Goldman Sachs has issued a stark warning in its April 2026 report titled “Are We Running Out of Oil?” The bank’s analysts, led by Yulia Zhestkova Grigsby, conclude that the world is indeed facing acute physical shortages of crude […]
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ENB Pub Note: This article is from the Epoch Times and was forwarded to us by Ronald Stein, Author and Friend to the Energy News Beat Podcast. As we have been talking on the Podcast, California is a National Security Risk. California is the 4th largest economy in the world and an “ENERGY ISLAND that […]
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This was a hard-hitting discussion by Mike Ariza, Downstream Expert, fresh off last night’s Town Hall with Professor Mische and a host of other key people discussing the horrific National Security Crisis in California and how the Strait of Hormuz is about to impact the entire half of the United States. Yes, you heard that […]
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Energy News Beat Exclusive Analysis – Stu Turley Diesel prices are surging across key markets—and rising faster than gasoline or petrol in many places. As Sky News economics editor Ed Conway highlighted in his widely shared X post and video primer (posted March 31, 2026), this isn’t just another blip in the energy markets. It’s […]
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The Strait of Hormuz remains effectively closed amid the ongoing U.S.-Israel conflict with Iran, halting nearly all tanker traffic through the critical chokepoint that normally carries about 20% of global oil and LNG trade, along with roughly 5 million barrels per day (mbd) of refined petroleum products. JP Morgan Commodities Research has modeled the ripple […]
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Southern Nevadans are paying over $5 a gallon for gas — and Congresswoman Susie Lee wants you to believe it’s all because of “Trump’s war.” In a now-viral X post, Rep. Lee (D-NV) claimed: “Southern Nevadans are now paying over $5/gallon for gas because of Trump’s war. We need to lower costs for hardworking families. […]
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Chevron Corp. has issued a stark warning to California: the state is barreling toward a full-blown fuel crisis unless the ongoing war with Iran eases and state officials slash taxes and regulations that have strangled its refining industry. The world’s second-largest oil company is signaling it may walk away from refining in the Golden State […]
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Energy News Beat Special Report – March 2026 Escalating conflicts have turned oil refineries into strategic targets worldwide. Ukrainian drone campaigns continue to hammer Russian facilities, while the 2026 Iran war (U.S.-Israeli strikes on Iran and Iranian retaliation across the Gulf) has triggered widespread damage to refineries, terminals, and related gas infrastructure in Saudi Arabia, […]
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Energy News Beat Channel Exclusive Analysis – March 21, 2026 The U.S.-Israeli campaign against Iran, which escalated dramatically in early March 2026, has rapidly transformed into a full-scale “energy war.” Both sides and their proxies have deliberately targeted refineries, gas processing plants, LNG terminals, oil storage facilities, pipelines, and tankers. These strikes have disrupted critical […]
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California’s refining industry — once the backbone of the West Coast’s fuel supply — stands at a make-or-break moment. With just seven refineries still operating as of March 2026, the state is weeks away from the next wave of closures that will slash capacity by another 17–20%. Phillips 66’s Wilmington complex shut down late 2025; […]
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