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Oil Price Explosion – Brent Crude Jumps 20%

Oil Price Explosion – Brent Crude Jumps 20%

Brent crude rocketed on Sunday…

China Just Got Handed The Oil Deal Of A Lifetime

China Just Got Handed The Oil Deal Of A Lifetime

China and Russia are sewing…

Energy / Gas Prices

U.S. Gasoline Demand Climbs To Record Highs

U.S. Gasoline Demand Climbs To Record Highs

Nov 01, 2017 at 10:01 | Irina Slav

Gasoline demand in the United States reached the highest level on record in August this year, at 9.77 million bpd, or up by 83,000 bpd from August 2016. That’s according to…

LNG Becomes A Buyer’s Market

LNG Becomes A Buyer’s Market

Oct 23, 2017 at 16:51 | Tsvetana Paraskova

The world’s liquefied natural gas (LNG) market has dramatically changed over the past few years. Continuously growing supply has led to a glut, and the U.S. starting LNG exports has…

Will Low Oil Prices End Saudi Arabia’s Gas Subsidies?

Will Low Oil Prices End Saudi Arabia’s Gas Subsidies?

Sep 18, 2017 at 12:24 | Tsvetana Paraskova

Although Saudi Arabia has managed to narrow its budget deficit, the Kingdom continues to feel the fiscal pressure of low oil prices, and is mulling over the phasing out…

Hurricane Irma’s Wrath Weighs On Natural Gas

Hurricane Irma’s Wrath Weighs On Natural Gas

Sep 12, 2017 at 17:18 | Nick Cunningham

Hurricane Irma has left millions of people without power in Florida, a critical situation that could take a painfully long period of time to sort out. Estimates vary, but some…

97-Year-Old Law May Be The Cause Of Higher Gas Prices

97-Year-Old Law May Be The Cause Of Higher Gas Prices

Sep 11, 2017 at 14:49 | William Murray

It's become typical for gas prices to spike before and after major hurricane landfalls. The national average gasoline price jumped more than 30 cents per-gallon in the week following Hurricane…

What Is Behind Surging Gas Prices?

What Is Behind Surging Gas Prices?

Sep 08, 2017 at 16:51 | Robert Rapier

As gas stations raise prices in the wake of Hurricane Harvey, there have been numerous accusations of price gouging. Especially on social media, some are quick to conclude price gouging…

Miami Is Running Out Of Gasoline

Miami Is Running Out Of Gasoline

Sep 08, 2017 at 16:46 | ZeroHedge

As Hurricane Irma nears Florida, everyone is in a rush to fill up their tanks. About 40 percent of the gasoline stations in the Miami-Fort Lauderdale region are now without fuel. Floridians…

Looming Gas Shortage: “Imports Can’t Make Up For This”

Looming Gas Shortage: “Imports Can’t Make Up For This”

Aug 31, 2017 at 17:04 | Nick Cunningham

The East Coast will start feeling the effects of Hurricane Harvey as the gasoline supplied from the Gulf Coast starts to dry up. One of the most important pipelines that…

How Long Can U.S. Refineries Remain Offline?

How Long Can U.S. Refineries Remain Offline?

Aug 31, 2017 at 16:34 | Gregory Brew

When Hurricane Harvey blew into Texas last weekend, it dumped more than 30 inches of rain, flooding Houston and large areas of southeastern Texas, while leaving thousands homeless or without…

Gasoline Prices Rocket As Exxon Shuts Beaumont Refinery

Gasoline Prices Rocket As Exxon Shuts Beaumont Refinery

Aug 30, 2017 at 11:54 | Tsvetana Paraskova

Texas, as hurricane Harvey caused flooding and extreme weather, Reuters reported, citing sources familiar with the refinery operations. Exxon shut the 240,000-bpd Crude B unit, and the 45,000-bpd coking…

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