Nat Gas News US natural gas in storage enters its final week of withdrawal season as demand wanes S&P Global: A survey of analysts expect a weaker-than-normal draw from working gas in storage last week, as only one more net pull likely remains before the switch to injections, with demand muted more than usual during […]
The average New Orleans (NOLA) price per short ton of prilled urea increased $10.77/ton from $207.33 in December to $218.10 in January. Urea is the primary ingredient in Diesel Exhaust Fluid, so rising commodity prices will affect the DEF market. Although many fleets think of urea as an ingredient in DEF, fertilizer applications are a […]
Source EIA The U.S. government spending bill signed into law in late December 2019 included several provisions related to federal energy programs. Among these provisions was the reinstatement of a $1.00 per gallon biodiesel mixture credit, commonly referred to as the biodiesel tax credit (BTC). The BTC applies to both biodiesel and renewable diesel (referred […]
Nat Gas News U.S. LNG Booms As Natural Gas Prices Crash Natural Gas Intel reported: Despite the current oversupply and depressed natural gas prices all over the world, the global liquefied natural gas (LNG) market is set for further growth, at least into the middle of this decade, as suppliers sanction new projects and major […]
Nat Gas News Natural Gas Price Fundamental Daily Forecast – EIA Withdrawal Expected to Come in Well-Below 5-Year Average Yahoo Finance: Natural gas futures are edging higher on Thursday, shortly before the regular session opening and the release of the government’s weekly storage report. Since gapping sharply lower at the start of the week, prices […]
Nat Gas News – January 9, 2020 Divergent paths: Oil, natural gas going different directions Reuters reported: The diverging fundamentals of U.S. oil and natural gas can be seen dramatically in the markets, where the oil-to gas price ratio has surged to its highest in six years. The oil-to gas ratio, or the level at […]
Oil prices roared higher on Friday thanks to surprisingly strong economic reports in the US and China. Today those gains continue. WTI crude oil is trading at $57.01, a gain of 80 cents (1.4%). Fuel prices are also zipping higher. Diesel is trading at $1.9568, up 2.4 cents (1.2%) from Friday’s close. Gasoline prices are […]
Effective July 1, 2019, the taxes for fuel products in some states are changing. Below is a list of significant changes Mansfield is tracking. The list is not a comprehensive list as notices continue to come in from various government entities. Please be aware that these changes may affect the way your fuel is priced […]
Markets are still uncertain of where to go following last week’s geopolitical drama, both in the Middle East and between the US and China. Crude this afternoon is trading at $62.73, hardly changed from Friday’s close. Fuel prices are more bearish than crude, with both gasoline and diesel prices printing lower. Hefty crack spreads (the […]
Natural Gas News – May 20, 2019 FERC approves Freeport liquid natural gas export expansion project Daily Energy Insider reported: The Federal Energy Regulatory Commission (FERC) recently approved the construction of the Train 4 expansion at the Freeport LNG terminal on Quintana Island near Freeport, Texas. The Train 4 project is an expansion of the […]
