Published on Thursday, October 9 2025
Authors:

Gas prices in California are already high. With Valero’s Benicia refinery shutting down and more production shifting overseas, the state’s fuel supply is entering a more fragile phase. What could this mean for the state’s ability to keep up with demand? This episode features Skip York, Chief Energy Strategist at…

Published on Thursday, October 9 2025
Authors: Harold "Skip" York - Chief Energy Strategist

Throughout 2025, Ukraine has intensified its use of long-range drones against Russian oil refineries and export infrastructure. Once limited to sporadic strikes, these attacks are evolving into a sustained campaign targeting some of Russia’s largest refineries. The result is a significant disruption to refining operations, rising domestic fuel shortages, and…

Published on Thursday, August 28 2025
Authors: Tom Kloza Senior Associate and Chief Market Analyst

The 20th anniversary of Hurricane Katrina’s Gulf Coast landfall arrives this weekend, so the next few days will understandably be loaded with retrospective analysis that concentrates on the human impacts caused by the storm. Historians and analysts may quibble about death totals (most reports list the number above 1400) or…

Published on Tuesday, July 22 2025
Authors: Tom Kloza Chief Market Analyst & Sandeep Sayal VP, Industry & Market Analytics

The last few years have seen diesel prices climb walls of worry that tend to be common in the second half of any year. The wall appears to be particularly steep in 2025 thanks to a number of factors not likely to disappear between now and year-end.  On the one…