More than 1,700 gas stations are without electricity Feb. 19 because of the Texas power disaster, threatening to push pump prices even higher with key refineries in the state still shut.
Author: Jeffrey Bair
US Diesel Stockpiles Swell as Global Fuel Demand Falters
The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October.
US Diesel Stockpiles Swell as Global Fuel Demand Falters
The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October.
Pandemic Likely to Cut Thanksgiving Driving in Half
With virus cases surging, hospitals filling up and more U.S. states imposing restrictions, Americans are likely to drive a lot less this Thanksgiving. Only 35% will travel by car this year, down from 65% a year ago, according to survey from retail fuel…
Trucking Demand Throws a Lifeline to Ailing Refineries
With jets grounded and cars parked, diesel fuel for trucking is giving some relief to refiners as the coronavirus spread cuts deep into demand.
California Drivers May See $4 a Gallon at the Gas Pump
California drivers soon may pay $4 a gallon at the pump after refinery upsets pushed up the wholesale market in San Francisco to the strongest level in almost seven years.
Florida Hurricane Dorian Leaves Tanks Dry
Gas stations in parts of Florida are running out of fuel as drivers race to fill up ahead of Hurricane Dorian. Dorian’s course turned slightly south and now is expected to make landfall near Jupiter, Fla., as a Category 4, with winds reaching 140 miles per hour.
Hold Up on the Fill-Up: Gasoline Is Set to Plunge at the Pump
Gasoline prices have been sliding steadily for several weeks, and they’re promising to get even cheaper as crude prices fall and the U.S. moves into the summer driving season.
Hold Up on the Fill-Up: Gasoline Is Set to Plunge at the Pump
Gasoline prices have been sliding steadily for several weeks, and they’re promising to get even cheaper as crude prices fall and the U.S. moves into the summer driving season.
US Gasoline Traders Would Rather Export Than Ship to New York
The busiest U.S. fuel pipeline is running below capacity, as Gulf Coast refiners get fatter margins exporting to Latin America than shipping to New York.