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Energy Détente Current Issues    
Issue DateTitleSubjectsCAPTION
Mar 25 2026
Iran War Powering
U.S. REFINING MARGIN SPIKE
Refining

Margins


U.S. refiner margin increased 11% on average in 2025 to $32.68 per barrel. Meanwhile, refining capacity continues to decline with nearly 800,000 barrels per day lost since 2019. California has recently lost two plants and the timing could not have been worse for motorists. Margins have spiked much higher in 2026 due to the Iran war.
Dec 17 2025
Western Hemisphere Shine
2025 OIL PRODUCTION METRICS
Production




Western Hemisphere crude oil production has blossomed in recent years thanks to the U.S., Canada, and new superstars including Guyana. This is despite shrinkage in OPEC+ members Venezuela and Mexico. Global production data are illustrated and examined herein.
 

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