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Largest East Coast Pipeline Reveals Demand For Gasoline Is Crashing

June 23, 2017

Largest East Coast Pipeline Reveals Demand For Gasoline Is Crashing There’s a reason this week’s EIA survey showing gasoline and oil supplies declining has failed to stop RBOB prices from collapsing to 7-month lows: The start of the summer has done nothing to revive sluggish demand. That’s because despite what the EIA survey said, little […]

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The Renewable Fuels Con

May 7, 2017

The Renewable Fuels Con You can’t just sell gas anymore. Most people don’t realize it, but what they’re pumping into their car’s tank isn’t actually gasoline, properly speaking. It’s gasoline mixed with ethanol alcohol – the ratio currently set at 10 percent ethanol and 90 percent gas (E10). “Diesel” often isn’t exactly diesel, either.    […]

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“Recessionary” Demand Forces New York Harbor To Divert Gasoline Shipments

February 18, 2017

“Recessionary” Demand Forces New York Harbor To Divert Gasoline Shipments Two weeks ago, Goldman analysts were stunned when they noted that in recent weeks gasoline demand in the US has collapsed to levels that suggest not all is well with the economy. In fact, as the bank’s oil expert Damien Courvalin said “to achieve the 5.9% decline […]

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Which is Worse: A Busted Pipeline or a Politician with a Case of the Do-Somethings?

September 22, 2016

Which is Worse: A Busted Pipeline or a Politician with a Case of the Do-Somethings? Economists have a grumbling and cynical stereotype. This might be because even the most basic economic principles are ignored by those who should know better and vehemently denied by those who don’t. Case in point: a restricted supply of gasoline […]

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America’s “Soaring” Gasoline And Oil Demand Was Just An Illusion: How The EIA Fooled The Algos

July 3, 2016

America’s “Soaring” Gasoline And Oil Demand Was Just An Illusion: How The EIA Fooled The Algos When it comes to “real-time” measurements of crude demand and supply, the data is notoriously bad (and perhaps, according to some, intentionally manipulated). We pointed this out most recently in early March when we that according to IEA data, crude […]

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Point-Counterpoint: Ethanol

May 29, 2016

The Case for More Ethanol: Why Green Critics Are Wrong The criticism of ethanol by environmentalists is misguided and just plain wrong. In fact, thanks to improvements in farming techniques, increasing the amount of corn ethanol in U.S. gasoline would reduce air pollution, provide significant health benefits, and lower greenhouse gas emissions.  For almost as long […]

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Cheap petrol prices behind us, modest rises predicted to continue: economist

February 9, 2015

Cheap petrol prices behind us, modest rises predicted to continue: economist Motorists may have seen the last of cheap fuel, with the price of petrol rising for the first time in 10 weeks. The Australian Institute of Petroleum said the national average petrol price rose four cents per litre last week to 112.6 cents. The […]

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