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Washington state gas stations run out of fuel, prep for $10 a gallon

Washington state gas stations run out of fuel, prep for $10 a gallon Gas stations in Washington state are resetting their price boards to accommodate double digits in preparation for fuel prices potentially reaching $10 a gallon, according to a report. The move comes as several gas stations in the Evergreen State ran out of […]

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Demand Destruction Has Begun

Demand Destruction Has Begun One month ago, Brent jumped above $100/bbl for the first time in eight years as Russia executed a full-scale invasion of Ukraine, and it became clear that western governments would impose sanctions. The oil market has been in triple digits for practically the entire time since. And, after a month of […]

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European Gas Stations Out of Diesel: French Refinery Strike Deepens Crisis 

European Gas Stations Out of Diesel: French Refinery Strike Deepens Crisis  Diesel is in short supply in Europe. The situation is about to worsen as the biggest French refinery is shutting down. Bloomberg reports Europe’s Diesel Woes Deepen as Strike Halts French Oil Refinery. Total SA, France’s biggest refiner, is in the process of shutting its […]

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Farmers Reeling From High Oil Prices

Farmers Reeling From High Oil Prices As the summer driving season approaches, drivers are already paying more for gasoline due to the oil price rally in recent months. But higher oil prices affect not only the gasoline bills of retail consumers. The higher price of oil is also pushing up diesel fuel prices as the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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