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Trump Administration Tells Oil and Biofuels Groups to Hash Out New Biofuel Policy

Biofuels, Energy Topics & Technology, Gasoline, Latest, US News / By

By Jarrett Renshaw Trump administration asks Big Oil and Farm Belt to come to a consensus on biofuel policy Two meetings held so far, with consensus to seek higher biomass-based diesel volumes Other key issues still under discussion NEW YORK, March 27 (Reuters) – U.S. President Donald Trump’s administration has asked oil and biofuels producers …

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US Crude Stocks Rise More Than Expected But Gasoline and Distillate Inventories Fall – EIA

Conventional Energy, Energy Storage, Energy Topics & Technology, Gasoline, Latest, Oil, US News / By

(Reuters) – U.S. crude stocks rose more than expected even as gasoline and distillate inventories fell last week in a sign of sustained fuel demand, the Energy Information Administration said on Wednesday. Crude inventories rose by 1.7 million barrels to 437 million barrels in the week ended March 14, the EIA said, compared with analysts’ …

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US Crude Stocks Rise, Gasoline and Distillate Inventories Fall – EIA

Conventional Energy, Energy Storage, Energy Topics & Technology, Gasoline, Latest, Oil, US News / By

(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending February 28, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.6 million barrels to 433.8 million barrels in the week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 341,000-barrel rise. Crude …

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Oil Trade Group Pushes US for National Ethanol Policy After EPA Okays Midwest Expansion

Biofuels, Energy Topics & Technology, Gasoline, Latest, US News / By

By Stephanie Kelly and Jarrett Renshaw NEW YORK, Feb 24 (Reuters) – The American Petroleum Institute trade group on Monday pressed for a nationwide policy on higher-ethanol blends of gasoline after the President Donald Trump’s administration said on Friday it would move ahead with expanded sales of the product in certain Midwestern states. The U.S. …

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Gas, Power and LNG Trading Profits to Eclipse Oil, McKinsey Says

Conventional Energy, Electricity Grid, Energy Topics & Technology, Gasoline, Latest, LNG, Natural Gas, US News / By

By Archie Hunter Gas, power and LNG are set to eclipse oil as the biggest driver of commodity trading profits, according to research from McKinsey & Co Inc. “In the last two years they’ve been almost parallel and we definitely see stronger fundamental growth prospects on the power, gas and LNG side going forward,” said …

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US Senators Reintroduce Bill to Allow Year-Round, Nationwide E15 Sales

Energy Topics & Technology, Gasoline, Latest, US News / By

By Stephanie Kelly NEW YORK, Feb 13 (Reuters) – U.S. senators reintroduced a bipartisan bill on Thursday that would allow nationwide sales of gasoline with a higher blend of ethanol year-round, a plan that has the support of a leading oil trade group. Senator Deb Fischer, a Republican from Nebraska, introduced the bill with senators …

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Pump Prices Set to Rise as Trump Tariffs Hit Closest Allies, Canadian, Mexican Oil

Conventional Energy, Energy Topics & Technology, Gasoline, Latest, Oil, US News / By

Summary • Energy imports from Canada will have 10% duty, Mexican energy tariffs to be 25% • Tariffs mean higher costs for finished fuels like gasoline • US East Coast may have to turn to European fuel imports (Reuters) – U.S. consumers will see higher prices at the gas pump from President Donald Trump’s decision …

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Colonial Pipeline’s Main US Gasoline Artery Likely Shut Until Friday

Energy Topics & Technology, Gasoline, Latest, Pipelines, US News / By

By Shariq Khan Colonial crews still searching for source of suspected gasoline leak in Georgia Line 1 outage duration on par with Colonial shutdown in 2021 due to cyberattack Market impact limited by high stockpiles, refinery output NEW YORK, Jan 15 (Reuters) – Colonial Pipeline’s main U.S. gasoline artery is expected to remain shut through …

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Colonial Pipeline Shuts Main Gasoline Artery After Potential Gasoline Spill

Energy Topics & Technology, Gasoline, Latest, Pipelines, US News / By

(Reuters) – Colonial Pipeline, the largest U.S. fuel pipeline operator, said on Tuesday that the main artery moving gasoline from the U.S. Gulf Coast to the East Coast has been shut since Monday night due to a potential spill in Paulding County, Georgia. Line 1 was temporarily shut as operator Colonial Pipeline responds to a …

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US Average Gasoline Price Drops Below $3 a Gallon for the First Time Since 2021

Conventional Energy, Energy Topics & Technology, Gasoline, Latest, Oil, US News / By

(Reuters) – Average U.S. gasoline prices fell below $3 a gallon for the first time in over three years on Monday, extending a run of bargains at the pump for consumers who have faced soaring inflation in recent years. Fuel prices have been declining steadily since the end of the peak summer driving season, helping boost …

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