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Supply, Marketing, Distribution, Transportation & Logistics News & Information
June 2017 Issue

Fuels & Supply

EIA: Growing Octane Needs Widen the Price Spread Between Premium and Regular Gasoline

Excerpted from This Week in Petroleum, June 14, 2017    In late 2016, the difference between U.S. average retail prices for premium and regular gasoline reached 50 cents per gallon. This price spread has been generally expanding since 2000, and the rate at which the spread has grown has accelerated over the past three years (Figure ...

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New Vehicle Technologies Need Years to Reach Market Saturation, Fuels Institute Report Finds

June 14, 2017 • App Homepage, Fuels & SupplyComments Off on New Vehicle Technologies Need Years to Reach Market Saturation, Fuels Institute Report Finds

It would take close to a decade for a new vehicle technology to reach market saturation, according to a new report released by the Fuels Institute. The report, “New Technology Adoption Curves: A Case Study on Delivering E25-Capable Vehicles to Market,”...

EIA: Reporting Oil Companies’ Proved Reserves in 2016 Decline for Second Consecutive Year

June 13, 2017 • App Homepage, Business Management, Fuels & SupplyComments Off on EIA: Reporting Oil Companies’ Proved Reserves in 2016 Decline for Second Consecutive Year

Principal Contributor: Jeff Barron     Annual reports of 68 publicly traded oil companies indicated that their aggregate proved liquids reserves declined in 2016 for the second consecutive year. The decline in proved reserves was heavily...

API: Senate E15 Legislation Does Not Benefit Consumers or Fix Broken RFS Program

June 13, 2017 • App Homepage, Fuels & SupplyComments Off on API: Senate E15 Legislation Does Not Benefit Consumers or Fix Broken RFS Program

Ahead of tomorrow’s (June 14) Senate hearing on S.517, the Consumer and Fuel Retailer Choice Act, which would increase the sale of high ethanol blend gasoline E15, American Petroleum Institute (API) Downstream Group Director Frank Macchiarola held a press...

EIA Gasoline and Diesel Retail Prices Update (Week Ended June 12, 2017)

June 13, 2017 • App Homepage, Fuels & Supply, Lower RightComments Off on EIA Gasoline and Diesel Retail Prices Update (Week Ended June 12, 2017)

Analysis by Dr. Nancy Yamaguchi   The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended June 12, 2017. The recent slump in crude prices was reflected in nationwide declines in retail...

Weekly Energy Market Situation, June 12, 2017

June 12, 2017 • App Homepage, Fleet Operations, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Terminals and Storage, Wholesale OperationsComments Off on Weekly Energy Market Situation, June 12, 2017

Bearish Oil Outlook Persists U.S. production forecast to reach 10.01 million barrels daily in 2018 Gulf of Mexico production reaches record Propane price breaks uptrend support Natural gas injections exceed 100 Bcf for first time since 2015   Sincerely,...

ExxonMobil: New York Attorney General’s “Reckless and False Allegations” Misstate Climate Policies

June 12, 2017 • App Homepage, Fuels & SupplyComments Off on ExxonMobil: New York Attorney General’s “Reckless and False Allegations” Misstate Climate Policies

New York Attorney General Eric Schneiderman made “inflammatory, reckless and false allegations” when he misstated how ExxonMobil assesses the potential impacts of climate policy on its business to justify expanding a politically based investigation with...

RFS Has Been “Tremendously Success” Since Adoption, According to RFA Analysis

June 8, 2017 • App Homepage, Fuels & SupplyComments Off on RFS Has Been “Tremendously Success” Since Adoption, According to RFA Analysis

By Emily Druckman, Renewable Fuels Association (RFA)   More than a decade after the original Renewable Fuel Standard (RFS) was signed into law, tremendous progress has been made toward its goals of energy security, clean air and boosting local economies,...

EIA: Markets Expected to Tighten in the Third Quarter of 2017, Then Loosen Through 2018

June 8, 2017 • App Homepage, Fuels & SupplyComments Off on EIA: Markets Expected to Tighten in the Third Quarter of 2017, Then Loosen Through 2018

World production of crude and liquids has been revised slightly downward from the Energy Information Administration’s (EIA’s) May Short-Term Energy Outlook (STEO) for both 2017 and 2018. OPEC met on May 25, 2017, and announced an extension to...

API Applauds Senate Committee Action on FERC Nominees

June 7, 2017 • App Homepage, Fuels & SupplyComments Off on API Applauds Senate Committee Action on FERC Nominees

The American Petroleum Institute (API) applauded the action by the U.S. Senate Energy and Natural Resources Committee to advance the nominations of Neil Chatterjee and Rob Powelson to the Federal Energy Regulatory Commission (FERC), and called on the...