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News & Articles By Sterling Ashworth
10/02/2026
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By Sterling Ashworth
Global Crop Prices Post Largest Quarterly Jump Since Ukraine Invasion, Index Shows
Global crop prices recorded their largest quarterly increase since Russia invaded Ukraine in early 2022, according to data published by the Bloomberg Agriculture Spot Index. The index rose 13% during the third quarter, the biggest quarterly advance since the conflict began, index data showed [1]. The index tracks 10 major crops, including corn, soybeans, wheat, […]
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
Saudi Arabia Restarts East-West Pipeline, Bypassing Strait of Hormuz
Saudi Arabia has resumed oil exports through its East-West pipeline, restoring access to Red Sea loading facilities that bypass the Strait of Hormuz, according to a Bloomberg report cited by ZeroHedge [1]. The restart coincides with Kpler data from late last week showing that Hormuz oil flows have recovered to about two-thirds of prewar levels, […]
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 […]
09/26/2026
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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 […]
09/25/2026
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By Sterling Ashworth
Global Oil Shipments Under Pressure as Supertanker Supplies Tighten
A shortage of available supertankers is raising global oil shipping costs and making some long-distance crude trades uneconomical, according to shipbrokers, traders and industry data cited in a Sept. 19 report. The squeeze arrives as fuel markets remain tight and the geopolitical conflict around the Strait of Hormuz continues to disrupt seaborne energy flows. Moving […]
09/23/2026
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By Sterling Ashworth
Trump Backs Diesel Export Ban as Fuel Costs Continue Soaring
U.S. President Donald Trump said on Tuesday, Sept. 22, that he backed a ban on diesel exports, according to remarks to reporters during a meeting with Ukrainian President Volodymyr Zelensky in New York. “Well, I’ve called for that too. I’ve said, let’s not send out the diesel,” Trump said Tuesday, according to the Epoch Times [1]. […]
09/22/2026
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By Sterling Ashworth
Brace For Impact: Diesel Costs Top $6.50 A Gallon Amid Worsening Supply Disruptions
The national average price of diesel in the U.S. climbed above $6.50 a gallon, setting a new record as supply disruptions tied to multiple overseas conflicts continued to tighten global fuel markets, according to data from the American Automobile Association (AAA). The average nationwide diesel price rose to $6.505, up from $5.85 a week earlier, […]
09/22/2026
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By Sterling Ashworth
Saudi Aramco Tells European Refiners No Crude Allocations Next Month After Pipeline Attack
Saudi Aramco has informed refining customers in Europe that they will receive no crude oil allocations next month, according to people informed of the decision. The move follows the shutdown of the kingdom’s East-West pipeline after a drone attack, the report stated. The decision applies to all European buyers, the people said, speaking on condition […]
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