Risk Wire › 15 Sep 2026
Daily brief
Risk Wire — 15 September 2026
California gasoline has broken $6 a gallon and diesel is topping $9.99 at the pump as the global fuel crunch tests US demand, while the EPA's repeal of power-plant carbon rules sets US emissions cuts back roughly a decade.
Oil / Products
Sourced from Bloomberg’s Energy Daily.
California gasoline is above $6 a gallon and diesel has topped $8, with one San Diego station listing trucking fuel at $9.99, as the state’s import-dependent supply is squeezed by the global fuel crunch. — Bloomberg
Risk lens: Bullish (US West Coast crack spreads) — a pipeline-isolated market already paying the highest prices in the country has little room to absorb further import curtailment.
Ukraine said it hit a refinery in Russia’s Volga region overnight, a fresh sign the two sides have not honored Trump’s claimed energy truce. — Bloomberg
Risk lens: Bullish (Russian refined-product exports) — continued refinery strikes despite a declared truce keep supply disruption risk live rather than retiring it.
Carbon
Sourced from Bloomberg’s Green Daily.
The EPA’s repeal of carbon-pollution controls for coal- and gas-fired power plants is set to add roughly 1 gigaton of extra US emissions by 2040, setting back the country’s decarbonization trajectory by about a decade, per Energy Innovation. — Bloomberg
Risk lens: Bearish (US carbon compliance costs) — a federal rollback of this scale reduces near-term compliance pressure on power generators even as it raises long-run policy-reversal risk.
Headlines are summarised in our own words for comment and analysis, with attribution and a link to the original publisher. Indicative only — not investment advice.