DTNA’s Achenbach: ’10 miles per gallon will become the new normal’

Dr. Wilfried Achenbach was a featured speaker at the Green Truck Summit in Indianapolis recently. Diesel prices at their lowest point in more than a decade have hindered wide adaptation of alternative fuels, but historical volatility in the market underpins the transportation industry’s efforts. “In 2007, we had $60 per barrel oil,” says Mark Howerton, […]

EIA Gasoline and Diesel Retail Prices Update

The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended April 3rd, 2017. Prices for both fuels rose during the week, following crude prices up. For the current week ended April 3rd, diesel prices rose by 2.4 cents to an average price of $2.556/gallon. PADD 1 […]

Today’s Market Trend

WTI crude prices are at approximately $50.75/b this morning. Friday’s prices opened above $50/b for the first time in three weeks, and prices remained strong during the day, allowing WTI to end solidly in the black for the week. WTI opened at $50.69/b today, an increase of $0.37, or 0.74%, above Friday’s opening price. Current […]

Increase in rail shipments of propane, butane to West Coast offsets decreasing production

Total U.S. production of propane and butanes—commonly referred to as liquefied petroleum gases (LPG)—increased to 2.1 million barrels per day (b/d) in 2016. Production increased in all regions of the country except for the West Coast (Petroleum Administration for Defense District, or PADD 5). Unlike other regions, West Coast LPG production has been decreasing since […]

Nat Gas News – April 3, 2017

Nat Gas News – April 3, 2017 In the News U.S. natural gas prices rise to limit summer power burn Reuters reports: The U.S. gas market is looking a little tight despite another record warm winter that limited heating demand. Growing structural consumption from electric power producers as well as increasing exports are significantly changing […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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