Energy Hostage crisis Update = Fo...
Energy Hostage crisis Update = Forbes article

Ramblings of an Old fart. - by Craig Warren

Episode notes

A recent Forbes article from April 5, 2026 challenges some the facts in my Energy Hostage Podcasts 1 & 2. According to the Writer I am misinformed. Well let's find out, Here is his words.

A widespread myth in energy circles is that U.S. refineries are “unable” to process the light, sweet crude produced by the shale boom. The claim tends to surface whenever gasoline prices rise or energy independence becomes a talking point. The argument is usually that the U.S. is producing record volumes of oil, yet still imports crude because its refineries were built for heavier foreign barrels.

It’s a compelling narrative, but it’s mostly wrong.

Let’s look at the real economics on the ground I just paid $4.30 / gal. For gas today. Two months ago I paid $2.28/gal. That is a 89%  ... 

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