Source: EIA Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% of the total diesel supplied to California that quarter. The LCFS program, which is administered by the […]
In a huge correction yesterday, prices shed over $4/bbl, with products seeing losses upwards of 10 cents per gallon. This morning, WTI crude is trading at $56.53, up 84 cents. Yesterday truly shook up the fuels markets, with both gasoline and diesel seeing nearly 10-cent losses. Gasoline took the larger fall, shedding 8.7 cents (-5.4%), […]
Nat Gas News – November 14, 2018 Natural Gas Soars 20% in U.S. on Concerns About Winter Supplies Bloomberg reported: Natural gas soared the most in nine years as forecasts for lingering U.S. cold spurred concern that supplies may not be adequate to meet demand over the winter. Gas for December delivery rose as much […]
Nat Gas News – November 8, 2018 Russia Looks to Hydrogen as Way to Make Gas Greener for Europe Bloomberg reported: Russia is looking at how to develop a market for hydrogen in Europe, a move that would help maintain demand for one of its primary exports as governments everywhere work to cut pollution. Gazprom […]
Nat Gas News – November 6, 2018 Libya’s NOC Will Resume Phase 2 At Top Gas Field Soon Oil Price reported: Libya’s National Oil Corporation will soon resume the Phase 2 development of the Bahr Essalam field—the largest producing offshore gas deposit in the country—and by the end of the year, the phase should be […]
Nat Gas News – October 8, 2018 Texas to Mexico natural gas pipeline delayed Kallanish Energy Reported: The completion of Enbridge’s Valley Crossing Pipeline from Texas to Mexico has been delayed until April 2019 due to weather conditions and delays in the completion of the Mexican portion of the project.Originally planned to open this month, […]
Editor’s Note: The Fuels Institute recently published an in-depth analysis on the future of vehicles sales in the U.S., along with how those trends will affect energy markets. Click one of the below links to download the full analysis. Below, we’ve shared the Executive Brief “An Overview of Vehicle Sales and Fuel Consumption Through 2025” […]
WTI crude prices have risen above $50/b this morning. WTI opened at $49.28/b today, an increase of $0.35, or 0.72%, above yesterday’s opening price. Current prices are $50.10/b, a significant increase of $0.75 above yesterday’s closing price. Prices have strengthened over the past two days based upon a favorable set of supply and inventory data, […]
WTI crude prices are back above $48.50/b this morning, after a strong upward trend yesterday that was maintained overnight. WTI opened at $48.47/b today, an increase of $0.58, or 1.21%, above yesterday’s opening price. Prices are $48.56/b currently, up $0.19 from yesterday’s close. Product prices also rallied yesterday and remained strong overnight. Diesel opened at […]
