It Ain't Heavy; It's My Crude Oil
The return of heavy sour Venezuean crude to the world market poses challenges for US producers. See the January 12 Notes at the Margin for more on this.
Preemptive Grins, Statutory Cats, and Diesel Demand (February 16, 2026) -- The AI industry's insatiable demand for energy will distort US energy markets. More >>