Today’s Market Trend

After moderate losses yesterday, oil markets are heading towards higher ground. Oil prices yesterday gave up 60 cents, a notable -1%, as the December contract expired, showing that markets lack confidence in physical supply tightness next month. The contract now rolls over to January, which traded 33 cents higher at last night’s close. Prices are […]

Global Initiatives Regulating Fuels and Vehicles on the Rise

ALEXANDRIA, Va. – Global efforts to address transport-related greenhouse gas emissions and air pollution, as well as mitigate congestion in major cities, will have a noticeable impact on fuels and vehicles markets around the world. In fact, a majority of countries have already implemented relevant policies and many more are expected to follow suit in […]

Storm Recovery Update – Florida Quickly Recovering, Texas Still Improving

Markets continue to recover following Hurricanes Harvey and Irma. After all the hype related to Irma’s record strength, the impact on fueling infrastructure has been minimal. Most terminals are back in operations at this point, and vessels are rushing in to re-supply terminals in Tampa and Pt. Everglades. The fuel difficulties in Florida are mainly […]

Storm Alert Update – Irma Passes Florida

Irma has blown through Florida quite quickly, with South Florida already beginning to assess the damage from the storm. The storm has progressively lost its force, downgrading to a Category 1 as it tracked passed Tampa and now falling to Tropical Storm status. The storm’s center is expected to travel over the Florida panhandle through […]

Storm Alert Update – Pt Everglades Terminals Will Close Ahead of Irma’s Impact

The latest models show Hurricane hitting the center of Florida as a Category 4 hurricane and tracking directly through the middle of the state. With a diameter of roughly 400 miles, Irma will impact both sides of the state, though the east coast will be the most heavily impacted as the storm’s rotation pummels the […]

Storm Alert Update – Texas Supply Improves, Florida Supply Extremely Tight

Hurricane Irma is still forecast to hit, or at least scrape, Florida, bringing catastrophic damage to Miami and along the coast regardless of the path it takes. The latest NHC models show the storm’s path hugging the eastern coastline or traveling through Florida. Evacuations have been ordered in several Florida counties. Google Maps shows that […]

U.S. ethanol production capacity continues to increase

Fuel ethanol production capacity in the United States reached 15.5 billion gallons per year, or 1.01 million barrels per day (b/d), at the beginning of 2017, according to EIA’s most recent U.S. Fuel Ethanol Plant Production Capacity report. Total capacity of operable ethanol plants increased by about 4%—or by more than 600 million gallons per […]

California Proposes Increases in Fuel and Vehicle Taxes to Fund Transport Facilities

“I like to pay taxes. With them, I buy civilization”   —Said No One Ever Admittedly, the “Said No One Ever” part was added by the author. The quote is accepted as a paraphrase of “Taxes are what we pay for a civilized society,” written by U.S. Supreme Court Justice Oliver Wendell Holmes, Jr., in a […]

Winter Weather Alert – Northern Plains

Analysis by Alan Apthorp Temperatures in the middle of the U.S. have reached zero and sub-zero temperatures this week, with especially severe weather in the Northern Plains. Wind chill in the North is pushing temperatures to the -20 to -40 range. Several states have received snow and are experiencing high winds, shutting down travel. While […]

The Long Decline in Convenience/Motor Fuel Site Count is at an End.

Analysis by Joe Petrowski Since 1976 we have had a 40-year decline in site counts, going from almost 400,000 sites to 154,000 sites today serving 320 million Americans The decline was driven by consolidation, the growth of individual sites in inside sales and gallons, cross channel competition and real estate switching to higher and better […]

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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