Yearly Archives: 2026
The Winner in Tuesday’s Election? The Tooth Fairy
The winner in Tuesday’s election was the Tooth Fairy. Elected to make voters’ every wish come true, she’ll have her work cut out for...
UAE Considers Third Oil Pipeline to Bypass Strait of Hormuz
The United Arab Emirates is considering a third crude oil export pipeline to reduce its dependence on the Strait of Hormuz, according to Bloomberg....
U.S. Refineries Shift Production Toward Diesel and Jet Fuel
The U.S. Energy Information Administration (EIA) reports that U.S. refineries have shifted production away from gasoline toward diesel fuel and jet fuel in 2026,...
U.S. Labor Productivity Rises 3.6% in Third Quarter 2026
The U.S. Bureau of Labor Statistics (BLS) reported that nonfarm business labor productivity increased 3.6% in the third quarter of 2026, as output rose...
Global Refining Capacity Faces Major Structural Shift by 2032
Wood Mackenzie estimates that approximately 20% of the world's existing oil refining capacity faces an increasing risk of closure as global refined product demand...