Natural Gas News – January 24, 2023 Natural Gas Prices Jump 10% In Early Trading Natural gas prices have started the week with a gain of over 10 percent, but the recent trends in the price have concerned some in the U.S. gas industry. Last week, prices shed 7.17 percent, extending a streak of weekly […]
Analysis by Cassia Paz Although the price of fuel has fallen over the past few months, you may still be feeling some pain at the pump. Although prices are below their 2022 peak, they remain elevated compared to some of the prices seen in the past 5 years. Even though we are not pleased with […]
Amid renewable fuel switching and improving vehicle efficiency, the EIA is forecasting declines in gasoline demand not only for this year but also for next year. The declining forecast begs the question of whether US gasoline consumption has peaked, and a surprise slowdown last year indicates that demand may never return to pre-Covid levels. But […]
Oil prices are trending a bit higher this week, with oil closing above $80/bbl for the first time in the new year on Tuesday and Thursday. Monday was a market holiday, but prices have seen plenty of movement the rest of the week. China’s economy continues reopening, prompting the International Energy Agency to forecast a […]
Analysis by Sydney Casey Kerosene, also known as paraffin or lamp oil, is a clear, colorless liquid that is derived from petroleum. It is commonly used as a fuel for lamps and small engines, as well as for heating and cooking in some parts of the world. Kerosene has a high flash point, which means […]
NATURAL GAS NEWS – January 19, 2023 EIA: Soaring Production Will Keep Natural Gas Prices Continued increases in U.S. dry natural gas production are expected to outpace domestic demand and exports this year and in 2024 according to the EIA Continued increases in U.S. dry natural gas production are expected to outpace domestic demand and […]
Headlines lately have centered around scares of an impending recession due to the weakening US dollar amid other economic factors. The Bureau of Labor Statistics recently released data stating that the US added 223,000 jobs in December, which is evidence that a recession is not as near as some may think. Only 5,000 jobs in […]
Natural Gas News – January 17, 2023 U.S. Gas Prices Soar As Models Suggest Natural gas futures bounced off 18-month lows during the holiday session period as the latest runs of long-term weather models suggest winter might not be over for the Lower 48. US NatGas futures for February delivery moved up 21 cents to […]
New tailpipe emissions standards for trucks, initially posed by the US Environmental Protection Agency last March, have raised questions as to whether the new directives will do more harm than good. These regulations are being set forth as the Biden Administration’s “Clean Trucks Plan.” It will require all heavy-duty trucks to meet more robust emission […]
FUELSNews will not be published on Monday, Jan 16 in observance of Martin Luther King, Jr Day. Publications will resume on Tuesday, Jan 17. With Europe’s embargo on Russian fuel quickly approaching, markets are scrambling to take stock of different factors to see what the impact will be. On one hand, a warm winter has […]
