http://www.toledoblade.com The Latest News from Toledoblade.com (v5) Wed, 07 Oct 2026 04:01:04 GMT en-us hourly 1 https://www.toledoblade.com/business/energy/2026/10/06/trump-executive-order-lowering-diesel-prices/stories/20261006073 https://www.toledoblade.com/business/energy/2026/10/06/trump-executive-order-lowering-diesel-prices/stories/20261006073#comments Tue, 06 Oct 2026 11:47:43 GMT https://www.toledoblade.com/business/energy/2026/10/06/trump-executive-order-lowering-diesel-prices/stories/20261006073 President Trump signed an executive order late Monday aimed at bringing down near-record diesel prices by waiving restrictions on cheaper red-dyed diesel. Trucks are seen at a diesel fueling station Sept. 4 in Fairview, Tenn. https://www.toledoblade.com/business/energy/2026/09/19/why-trump-s-effort-to-build-more-refineries-won-t-lower-gas-prices/stories/20260919005 https://www.toledoblade.com/business/energy/2026/09/19/why-trump-s-effort-to-build-more-refineries-won-t-lower-gas-prices/stories/20260919005#comments Sat, 19 Sep 2026 10:00:00 GMT https://www.toledoblade.com/business/energy/2026/09/19/why-trump-s-effort-to-build-more-refineries-won-t-lower-gas-prices/stories/20260919005 President Trump wants to reverse the decades-long decline in the number of U.S. refineries in operation, which he believes is key to lowering gas prices, and he recently called oil executives to the White House to make that push. A sign displays the price of unleaded gasoline at an Exxon gas station in Washington in May. Gas prices have remained high since the start of the war in Iran are are at the highest level ever recorded in the month of September. Vehicles queue at a a Gazpromneft petrol station in Moscow on Aug. 18. Russian authorities acknowledged that some regions faces new gasoline shortages, as Ukraine steps up attacks on the country's oil refineries. Traffic drives past the Phillips 66 refinery in Westminster, Calif. President Trump's call for more U.S. oil refineries, but that won't solve the persistently high gas and diesel prices. https://www.toledoblade.com/business/energy/2026/09/14/30-jump-heating-oil-costs-this-winter-iran-war/stories/20260914087 https://www.toledoblade.com/business/energy/2026/09/14/30-jump-heating-oil-costs-this-winter-iran-war/stories/20260914087#comments Mon, 14 Sep 2026 16:51:02 GMT https://www.toledoblade.com/business/energy/2026/09/14/30-jump-heating-oil-costs-this-winter-iran-war/stories/20260914087 Winter hasn’t even started yet, but Tommy Cole, Jr. is already very worried about how he’ll afford to heat his home when the temperatures drop. https://www.toledoblade.com/business/energy/2026/09/06/india-power-demand-surging-solar-energy-waste/stories/20260906068 https://www.toledoblade.com/business/energy/2026/09/06/india-power-demand-surging-solar-energy-waste/stories/20260906068#comments Sun, 06 Sep 2026 11:45:00 GMT https://www.toledoblade.com/business/energy/2026/09/06/india-power-demand-surging-solar-energy-waste/stories/20260906068 BENGALURU, India — When India’s power demand surged at the height of summer, the country struggled to meet evening needs as air conditioners ran longer amid hotter nights. Despite this demand, some renewable energy providers were told to limit their output because the country had more clean electricity available than its grid could safely handle. Team leader K. Sridhar, center, closes the doors after a routine check of lithium-ion batteries of 500-kilowatt battery energy storage system in Thiruvallur District, on the outskirts of Chennai, India, on July16, 2024. Workers walk through a swamp to install electric transmission towers for the Adani Renewable Energy Park near Khavda, Bhuj district, near the India-Pakistan border in the western state of Gujarat, India, on Sept. 21, 2023. Workers install solar panels at the under-construction Adani Green Energy Limited's Renewable Energy Park in the salt desert of Karim Shahi village, near Khavda, Bhuj district near the India-Pakistan border in the western state of Gujarat, India, on Sept. 21, 2023. A motorcyclist ride past wind turbines, an Adani Group project, near Sadla village in Surendranagar district of Gujarat state, India, on March 20, 2023. https://www.toledoblade.com/business/energy/2026/08/23/red-lights-are-flashing-in-energy-markets/stories/20260822012 https://www.toledoblade.com/business/energy/2026/08/23/red-lights-are-flashing-in-energy-markets/stories/20260822012#comments Sun, 23 Aug 2026 11:30:00 GMT https://www.toledoblade.com/business/energy/2026/08/23/red-lights-are-flashing-in-energy-markets/stories/20260822012 NEW YORK — Oil prices are once again uncomfortably high, but the bigger problem is lurking just beneath the surface. A gas station in Sacramento, Calif;, on March 19. Diesel, a crucial fuel for the world economy, is 48 percent more expensive than this time last year. Oil tanks store imported crude oil on April 12 in Qingdao, China. Black smoke rises from a refinery after a fire breaks out following a strike in Moscow on June 18. The Marathon Petroleum Corp.'s Los Angeles Refinery on April 2 in Carson, Calif. https://www.toledoblade.com/business/energy/2026/08/04/oil-companies-continue-post-banner-profits-fighting-in-iran-drives-prices-higher/stories/20260804114 https://www.toledoblade.com/business/energy/2026/08/04/oil-companies-continue-post-banner-profits-fighting-in-iran-drives-prices-higher/stories/20260804114#comments Tue, 04 Aug 2026 21:30:45 GMT https://www.toledoblade.com/business/energy/2026/08/04/oil-companies-continue-post-banner-profits-fighting-in-iran-drives-prices-higher/stories/20260804114 NEW YORK — Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher. The per-gallon price is displayed electronically over the various grades of fuel available from a pump at a QT gasoline station July 30 in Greenwood Village, Colo. Young men ride motorcycles along the shore as a tractor pulls equipment from the water and commercial vessels appear anchored in the Strait of Hormuz off Bandar Abbas, Iran, July 27. Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, on March 21, 2021. FILE- A truck enters the Exxon Mobil Baytown Olefins Plant April 29 in Baytown, Texas. https://www.toledoblade.com/business/energy/2026/07/18/gas-is-nearly-4-again-and-diesel-just-topped-5-it-s-not-what-you-think/stories/20260718013 https://www.toledoblade.com/business/energy/2026/07/18/gas-is-nearly-4-again-and-diesel-just-topped-5-it-s-not-what-you-think/stories/20260718013#comments Sat, 18 Jul 2026 11:15:00 GMT https://www.toledoblade.com/business/energy/2026/07/18/gas-is-nearly-4-again-and-diesel-just-topped-5-it-s-not-what-you-think/stories/20260718013 U.S. gas prices have rocketed higher during the on-again, off-again war with Iran. A motorist purchases gas at a station on June 9, 2026. https://www.toledoblade.com/business/energy/2026/07/12/premium-gas-expensive-americans-filling-cars/stories/20260712030 https://www.toledoblade.com/business/energy/2026/07/12/premium-gas-expensive-americans-filling-cars/stories/20260712030#comments Sun, 12 Jul 2026 10:30:00 GMT https://www.toledoblade.com/business/energy/2026/07/12/premium-gas-expensive-americans-filling-cars/stories/20260712030 The price displayed above that third button on the gas pump averaged more than $5.40 for several days this spring. American drivers still couldn’t get enough. A customer pumps gas at a gas station in Los Angeles. Gas prices are showcased at the pump at a Wawa gas station in Aston, Pa., in May. A billboard shows an advertisement for Ethyl gasoline at a Diamond D-X Service Station in Madison, Wis., in May, 1935.