The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

diesel  diesel-fuel  ethanol  gasoline  ethanol-contamination  rfa34  renewable-fuels-association  ethanol-lobby 

Bob Greco

Bob Greco
Posted September 14, 2012

A recent study suggested ethanol might be the source of corrosion in underground tanks used to store ultra low sulfur diesel fuel. Battelle, which conducted the study, checked a number of hypotheses, weighed the data and evidence and came to a conclusion pointing to ethanol

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crude-oil  diesel-fuel  energy-prices  gas-prices  gasoline  prices  taxes  excite-taxes  gasoline-taxes 

Jane Van Ryan

Jane Van Ryan
Posted January 14, 2011

The nationwide average price of gasoline remained steady at $3.095 a gallon yesterday, according to AAA. As we've reported here many times, the cost of crude oil is the largest factor in the price of gasoline, but excise taxes also account for a large percentage of the pump price.

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crude-oil  department-of-the-interior  diesel  diesel-fuel  domestic-energy  energy-policy  fuel  fuel-prices  gas-prices  gasoline  gasoline-prices  gulf-of-mexico  moratorium  offshore-drilling-moratorium  oil-demand  prices  ulsd  ultra-low-sulfur-diesel 

Jane Van Ryan

Jane Van Ryan
Posted December 30, 2010

Gasoline prices rose to their highest level in the past two years yesterday. According to AAA, the average price of gasoline climbed one penny Dec. 29 to $3.071 per gallon. This is the highest level since October 15, 2008, when the average price of gasoline reached $3.084. 

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aaa34  diesel  diesel-fuel  domestic-energy  fuel  gas-prices  gasoline  gasoline-taxes  prices  travel  thanksgiving 

Jane Van Ryan

Jane Van Ryan
Posted November 22, 2010

Nearly 42.2 million travelers are expected to hit the roads or take airplanes during the Thanksgiving holiday. According to AAA, that's an increase of 11.4 percent over last year. 

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crude-oil  diesel  diesel-fuel  economic-recovery  gasoline  oil-demand  consumer-confidence  crude-oil-supplies  jet-fuel 

Jane Van Ryan

Jane Van Ryan
Posted October 15, 2010

API Chief Economist John Felmy told reporters this morning that there is glimmer of hope that the economy might be improving. API's Monthly Statistical Report for September shows that U.S. demand for oil products grew last month, foreshadowing a shift from economic stagnation to recovery. 

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diesel-fuel  gasoline-prices  gasoline-production  prices  api-monthly-statistics-report  diesel-fuel-prices 

Jane Van Ryan

Jane Van Ryan
Posted June 18, 2010

May 2010 gasoline deliveries (an indication of demand) fell 0.4 percent from the same month last year to an average of 9.05 barrels per day. API's Monthly Statistical Report says this was the lowest level for May since 2003. 

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api-monthly-statistics-report  crude-oil  crude-oil-production  diesel-fuel  domestic-energy  energy-reality  gasoline  gasoline-demand  gasoline-production  refineries  ulsd  ultra-low-sulfur-diesel  distillate-demand  refinery-gasoline-production  us-crude-oil-production 

Jane Van Ryan

Jane Van Ryan
Posted May 21, 2010

API reported today that April gasoline production climbed to 9.1 million barrels per day, which is the highest level ever for April and second highest level for any month on record, according to the Monthly Statistical Report.

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crude-oil  demand  diesel-fuel  diesel-prices  energy  energy-reality  gasoline  prices 

Jane Van Ryan

Jane Van Ryan
Posted June 1, 2009

When economists are asked why the price of fuel fluctuates, they often explain that price changes are due to the "market"--the interaction of all of the people around the world who buy and sell crude oil and fuels in the global marketplace. These buyers and sellers decide how much oil and oil products they are willing to buy or sell at a given price. Their decisions can be affected by several factors including weather, refinery operations, and geopolitical and economic conditions. The price of other commodities, such as wheat and corn, are determined in much the same way. I touched on these points a bit in last Friday's post.

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