U.S.

Opinion: Is the Iran war just an energy shock—or a turning point?

At least 1 billion barrels of crude oil and refined products have been lost from Middle East producers such as Iraq, Kuwait, the United Arab Emirates and Iran itself. As much as 20% of global liquefied natural gas supply is also trapped in the narrow waterway between Iran and Oman.

U.S. refiners can still absorb more Venezuelan oil, Energy Secretary Wright says

Venezuela is sending about half of its total exports of 1.25 MMbpd to the U.S., with the remaining volumes going mainly to India and Europe.

U.S. summer driving season hits as gasoline supplies squeezed tight

Surging summer demand from American motorists has not stopped U.S. refiners from increasingly prioritizing lucrative diesel and jet fuel production to backfill global shortages caused by shipping disruptions at the Strait of Hormuz.

U.S. sanctions Cuban state oil company, adding obstacles for fuel imports

Washington has imposed sanctions on an array of Cuban entities and people, including the island nation's president, as it seeks to intensify pressure on Cuba's communist leaders.

Gulf Coast Midstream selects Audubon for FEED on Nash Energy Storage Hub

Audubon Companies has been selected by Gulf Coast Midstream Partners (GCMP) to provide front-end engineering and design (FEED) for the Nash Energy Storage Hub.

EIA: U.S. jet fuel production rises after prices doubled in March

Higher crude oil prices and supply concerns, particularly in Europe and Asia, which previously imported much of their jet fuel supply from the Persian Gulf, have driven up jet fuel prices.

U.S. oil exports surge, draining domestic crude inventories toward rock bottom

Cushing is among the largest oil storage hubs in the world. Oil levels in its tanks have fallen rapidly since the war began and Iran effectively closed tanker traffic through the Strait of Hormuz.

AFPM suing U.S. EPA over RFS ‘Set 2 rule,’ the administration’s most expensive regulation

Green Fuels Operating breaks ground on $400-MM refinery in Oklahoma (U.S.)

U.S. gasoline market set for fresh test after near-record stock draws

U.S. gasoline prices have already jumped by 50% to close to four-year highs since the U.S. and Israeli war against Iran began on February 28, and currently average around $4.33 per gallon.