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News & Articles By Sterling Ashworth
10/05/2026
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By Sterling Ashworth
China Halts October Fuel Exports as Global Diesel Crunch Deepens
China’s major refiners have suspended most refined fuel exports for October as Beijing prioritizes domestic supply security, according to a Reuters report cited by OilPrice.com [1]. The move removes another source of diesel, gasoline and jet fuel from a global market already described as severely constrained. PetroChina canceled several gasoline and jet fuel cargoes scheduled […]
10/02/2026
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By Sterling Ashworth
Iowa Midterms Put Farm Policy, Trump Agenda at Center of 2026 Races
Iowa voters will decide congressional and state races in November 2026, with farm policy and President Donald Trump’s national agenda among the top issues, according to campaign officials and strategists. Candidates in both parties have focused on agricultural trade, input costs, biofuel standards and the rural economy, the officials said. The races are taking place […]
10/02/2026
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By Sterling Ashworth
EU Energy Commissioner: Bloc Paid Over €100 Billion Extra Without Additional Fuel
European Union Energy Commissioner Dan Jorgensen said the bloc has paid more than €100 billion ($113 billion) extra for energy this year without receiving one additional molecule of gas or oil. He made the remarks on Tuesday, Sept. 29, ahead of an informal meeting of EU energy ministers in Ireland’s capital Dublin. Jorgensen said the […]
10/02/2026
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By Sterling Ashworth
Conference Board Reports: Consumer Confidence Drops for Third Straight Month to 2014 Lows
The Conference Board reported Tuesday, Sept. 29, that its consumer confidence index fell to 81.9 in September, down 6.7 points from August. The reading is the lowest since 2014, when sentiment was rebounding from below 30 during the financial crisis, the board’s report stated. The decline marks the third consecutive monthly drop in the index, […]
10/02/2026
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By Sterling Ashworth
AP-NORC Poll: Most Americans Blame Trump for High Prices as Economic Approval Hits New Low
A new poll from the Associated Press (AP) and the NORC Center for Public Affairs Research found that 17% of U.S. adults approve of U.S. President Donald Trump’s handling of the cost of living, while 26% approve of his handling of the economy – a new low for his administration, according to the survey. [1] […]
09/30/2026
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By Sterling Ashworth
Soaring U.S. Diesel Prices Squeeze Schools, Farms and Food Banks
Average U.S. diesel prices hovered around $6.50 a gallon on Friday, just below the record high of $6.53 set on Sept. 22 and up from $3.69 a year earlier, according to AAA data cited in reports [1]. The national average first crossed the $6 mark in September, exceeding the prior peak of $5.82 per gallon […]
09/29/2026
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By Sterling Ashworth
U.S. Strategic Petroleum Reserve Drops To Lowest Level Since 1982 – Can Washington Afford To Refill It?
The U.S. Strategic Petroleum Reserve (SPR) has fallen to its lowest level in more than four decades according to federal data, as a large-scale drawdown authorized earlier this year continues to work through the system. The SPR held 284.6 million barrels for the week ending Sept. 18, according to Energy Information Administration (EIA) figures, down […]
09/27/2026
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By Sterling Ashworth
Trump Administration Weighs Overseas Push for Dollar-Backed Stablecoins
The Trump administration is weighing an effort to promote dollar-backed stablecoins in overseas markets, according to a Bloomberg report described in a Cointelegraph summary. The reported initiative would focus on expanding the use of dollar-denominated digital tokens outside the United States, a move that supporters say could extend the dollar’s role in cross-border payments and […]
09/26/2026
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By Sterling Ashworth
Wright Says U.S. Power Grid Needs More Generation as Electricity Demand Rises
Energy Secretary Chris Wright said the U.S. must expand electricity generation and transmission capacity to meet rising demand, according to remarks reported by The Associated Press. Wright pointed to growth from artificial intelligence data centers and electrification as factors increasing load on the power grid. The comments came as the Trump administration pursues policies aimed […]
09/26/2026
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By Sterling Ashworth
U.S. Energy Secretary Rejects Outright Diesel Export Ban, Favors Voluntary Limits
Energy Secretary Chris Wright said Wednesday the Trump administration plans to steer clear of an outright ban on diesel exports, rejecting a Politico report that the White House was preparing a 90-day prohibition that could be announced within days, according to remarks reported by the Wall Street Journal. Speaking on the sidelines of the United […]
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