Gasoline

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COMMENTARY: Where Can We Easily Reduce or Eliminate Oil & Natural Gas? – Yogi Schulz

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

We can reduce hydrocarbon consumption in many modest ways to materially mitigate GHG emissions and reduce consumer energy costs. This approach can be more successful than the loud clamouring of some environmentalists who want to eliminate burning fossil fuels to rapidly reduce greenhouse gas (GHG) emissions to address climate change. The federal government is pursuing …

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California Aims to Tackle Pump Spikes by Requiring Gas Reserves

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

California Governor Gavin Newsom proposed a plan on Thursday requiring oil refiners to maintain minimum reserves of gasoline in an effort to prevent price spikes. The California Energy Commission said that on 63 days last year California refiners maintained less than 15 days of supply of gasoline, a situation that it said spiked prices and …

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COMMENTARY: Summer Talking Points: Gasoline Prices – Alex Epstein

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

Any politician who supports the “net zero” agenda is working to make gasoline prices much higher By Alex Epstein This is Part 1 of a 4 part feature where I cover 4 of the top energy issues being discussed this summer, especially as politicians return home for August Recess. Any politician who supports the “net …

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US Gasoline Demand Rose Last Week to Highest Seasonal Level Since 2021 – EIA

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

(Reuters) U.S. gasoline demand rose to 9.46 million barrels per day (bpd) last week, the most for this time of the year since 2021’s record high of over 10 million bpd, data from the U.S. Energy Information Administration (EIA) showed on Wednesday. Product supplied of gasoline, EIA’s measure of demand, rose by 673,000 bpd in …

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COMMENTARY: 8 Ways the Biden Administration is Working to Increase Gasoline Prices – Alex Epstein

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

The Biden administration’s draining of the Northeast Gasoline Supply Reserve is another cynical ploy to disguise that its real goal is to raise gas prices. By Alex Epstein The Biden administration claims that draining the Northeast Gasoline Supply Reserve shows its commitment to low gas prices. In fact, this is yet another cynical ploy to …

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U.S. Gas Prices are Falling. Experts Point to Mild Demand at the Pump Ahead of Summer Travel

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

NEW YORK (AP) — Gas prices are once again on the decline across the U.S., bringing some relief to drivers now paying a little less to fill up their tanks. The national average for gas prices on Monday stood around $3.44, according to AAA. That’s down about 9 cents from a week ago — marking …

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Oil Nudges Higher on Hopes of Summer Fuel Demand

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

Summary US jobs data dampens hope for near-term interest rate cuts Goldman Sachs forecasts Brent rise to $86 in third quarter Other analysts expect inventory draws to support prices (Reuters) – Oil prices edged up on Monday, buoyed by hopes of rising fuel demand this summer, though gains were capped by a strengthening of the …

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Weak U.S. Gasoline Demand Compounds Pressure on Oil Ahead of OPEC+ Meet

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

(Reuters) – The U.S. gasoline market is flashing signs of weakness at the start of summer driving season, a time it generally picks up strongly, and analysts say this clouds the picture for oil demand ahead of the OPEC+ group policy meeting that kicks off this weekend. U.S. gasoline demand fell about 2% week-over-week to 9.15 million barrels a …

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US Refiners Boosting Fuel Output Past 90% of Capacity for Summer Driving Season

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

U.S. crude oil refiners aim to operate above 90% of their combined processing capacity for the remainder of the quarter after completing planned overhauls, said analysts contacted by Reuters. Strong spring production levels have retail gasoline prices on par with a year ago, according to motorist group AAA. The nationwide average price for a gallon …

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Investors Abandon Bullish Case for U.S. Gasoline: John Kemp

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

U.S. gasoline prices and refining margins have come under pressure as inventories deplete more slowly than normal for this time of year, indicating supplies are plentiful, and undermining the bullish case for the fuel. Just over a month ago, investors had amassed one of the largest bullish positions in U.S. gasoline futures and options since …

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