Category: Gas - Petrol
The analysis published under this category are as follows.Thursday, March 08, 2012
The Story Behind US Gas Price Pain / Commodities / Gas - Petrol
Marin Katusa, Casey Research writes: Gasoline consumption in the United States has been dropping for years. In the last decade, vehicle fuel efficiency has improved by 20%, and the combination of that shift and a weak economy of late has pushed gasoline demand to its lowest level in a decade.
At the same time, US oil production is at its highest level in a decade. Deepwater wells in the Gulf of Mexico and horizontal fracs in the Bakken shale have turned America's domestic oil production scene around. After 20 years of declining production, US crude output rates started to climb in 2008 and have increased every year since.
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Wednesday, February 29, 2012
Gas Prices as an Indicator of Energy Costs / Commodities / Gas - Petrol
The consumer does not need more reminders about the pain experienced with every fill up at the pump. The drain on your pocketbook is growing. During economic dislocation and diminished vitality any prospects of a turnaround dim as gas approaches $4.00 a gallon and beyond. Been here before and the idea that this time the economy will be less effected is unreasonable. The cost for all energy is rising but the impact of gas prices has a personal burden on everyday budgets. The Price of Fuel provides a useful synopsis.Read full article... Read full article...
Wednesday, February 29, 2012
No Easy Fix for Gas Prices / Commodities / Gas - Petrol
This month, as unleaded gasoline prices increased for 17 consecutive days (to a national average of $3.647 per gallon - up 11% thus far this year) and West Texas Intermediate crude joined Brent crude in breaking through a $100 per barrel level, energy prices emerged as a full blown political issue. While President Obama conveniently claimed that rising prices were the consequence of an improving economy (they're not, and it isn't) Republican fingers began to point sanctimoniously at current drilling policies. And while none of the accusers had any idea why prices were actually going up, the award for the most dangerous 'solution' must go to Bill O'Reilly at Fox News. The master of the "No Spin Zone" announced that high pump prices could be permanently brought down by a presidential order to restrict exports of refined gasoline. Not only does Mr. O'Reilly's idea demonstrate contempt for the U.S. Constitution but it also displays a thorough lack of economic understanding.
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Monday, September 26, 2011
The Split Personality of Gasoline and Diesel / Commodities / Gas - Petrol
Crude oil tanked to its lowest in more than six weeks, amid a broad selloff in other commodities and equities with investors increasing fear of another global recession after the U.S. Federal Reserve warned of "significant downside risks" to the U.S. economy on Thursday, Sept. 22. Oil prices plunged $5.00 a barrel on that day, and as of Friday, Sept. 23, WTI sank to $79.96 a barrel, while the ever relentless Brent also retreated to $103.97.
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Monday, April 25, 2011
Charting the Course to $7 Gas / Commodities / Gas - Petrol
J. Kevin Meaders writes: Let's go back to the beginning of the current economic crisis — yes, it is still a crisis for many millions of Americans who lost their jobs, ruined their credit, filed for bankruptcy, lost their homes, and lost their lifestyle. Shanty towns have popped up all over America, though rarely gaining media exposure.
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Saturday, April 02, 2011
U.S. Consumers Have Big Banks To Blame For High Gasoline Prices / Commodities / Gas - Petrol
There is a bit of irony here in that the very same banks that taxpayers bailed out, and saved from going completely belly up, are now making you pay once again in the form of higher Oil prices, and the resultant higher gasoline prices at the pump (Fig. 1). Don`t be fooled by the rhetoric generated in the media by the Big Banks regarding the Middle East.
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Wednesday, March 23, 2011
Why Sam the Gas Station Man is Pumping His Last Gallon of Gas / Commodities / Gas - Petrol
Kent Moors, Ph.D. writes: I am a great believer in the American entrepreneurial spirit. In fact, the U.S. economy stands or falls on our ability to provide enough space to allow small folks to have big-time dreams.
However, when times get difficult, some little folks end up under the bus - along with their dreams.
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Tuesday, March 15, 2011
Will Japan Earthquake Send Gasoline to $5 / Commodities / Gas - Petrol
Bob van der Valk & Dian L. Chu write: The fallout on the fuel market will be severe following the 9.0 Japanese earthquake on Friday, March 11. 2011, since Japan will have to supplement their nuclear energy power production with coal, natural gas and oil-fired power plants.
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Sunday, February 27, 2011
Gasoline: No Cure For High Prices Like High Prices / Commodities / Gas - Petrol
Crude oil market has been on a wild roller coaster ride ever since riots started escalating in Egypt and Libya. The latest Libyan supply disruptions sent WTI futures surging above $103 a barrel in New York on Thursday, Feb. 24, while Brent oil in Europe was also closing in on $120 a barrel.
However, both oil markers retreated mostly due to traders scrambling to reposition when NYMEX and ICE boosted margin requirements on oil futures as crude traded above $100 a barrel.
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Sunday, February 06, 2011
Lock In Your Gasoline Prices With Crude Oil on the Rise / Commodities / Gas - Petrol
Yes, it's true. I know what you are thinking... that I'm probably going to show you some fancy stock or futures contract strategy to offset higher crude oil prices -- but it might be simpler than that. The question is whether it's worth it or not... Let's take a look.
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Friday, February 04, 2011
Rare Earths Affecting Gas Prices / Commodities / Gas - Petrol
A Reuters poll indicates that oil prices in 2011 will be driven largely by Chinese demand and reach a little over $90 a barrel. Prices, however, are unlikely to cross the $100 mark given the high global inventories. Further, the current landscape is unlike that of 2008 when the supply-demand gap was massive enough to drive prices up to $147.27 per barrel.
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Friday, January 14, 2011
What You Should Do to Cut Your Energy Bill / Personal_Finance / Gas - Petrol
A Modern American uses about as much energy as a blue whale. That’s not an easy feat, considering that blue whales outweigh us — even us supersized Americans — 2,285 to 1. But this has consequences for the whole world because the whole world wants to live like big, fat Americans, and the world can’t support 7 billion blue whales.
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Monday, January 10, 2011
Gas Prices are Headed Higher – Here's How to Profit / Commodities / Gas - Petrol
Jason Simpkins writes: As Money Morning predicted in its 2011 Outlook for oil prices, crude is poised to surge over $100 a barrel this year. And gas prices are likely to follow suit - perhaps even testing their record high above $4 a gallon.
In fact, one expert - former president of Shell Oil John Hoffmeister - predicts prices at the pump will top $5 a gallon.
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Tuesday, December 28, 2010
Former Shell Oil Chief Predicts $5 Gas by 2012 / Commodities / Gas - Petrol
Though he’s no longer running one of the largest companies in the world, former President of Shell Oil John Hofmeister warns that the outlook for gas prices in the coming decade is not looking good:
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Wednesday, August 25, 2010
Iran Sanctions Inflicting Pain At Gas Pump, Stalling Energy Projects / Politics / Gas - Petrol
Although the Iranian government insists that countries like China and Russia can make up lost Western investment in the petroleum sector, rising gas prices and stalled energy projects are signs that the regime is beginning to buckle under international sanctions.Read full article... Read full article...
Wednesday, August 11, 2010
An 'Early Warning System' For Gasoline Price Forecasting / Commodities / Gas - Petrol
Kent Moors writes: What started out as a routine fill-up at the service station that I frequent has turned into a solid gasoline-price-forecasting model that should spotlight the most-imminent profit opportunities.
Of course, it wouldn't have happened without Sam.
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Friday, January 22, 2010
Gas Prices Falling in Line With Crude Oil Prices / Commodities / Gas - Petrol
While declining oil prices over the last week have not necessarily caught the attention of consumers as much as they have speculators and impacted businesses, falling gas prices have. Friday (January 22) marked the seventh consecutive day of falling fuel prices with the current national average at $2.73, according to Wright Express and the Oil Price Information Service.
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Monday, January 19, 2009
Gas Prices Rollercoaster: Why Energy and Infrastructure Are Inextricably Linked / Commodities / Gas - Petrol
President-elect Obama takes office in less than a week's time. While many will be watching closely to see how he handles the ongoing financial crisis, I'll be equally interested to see how he handles a far more ominous one: our ongoing energy and infrastructure crisis. Regular readers know I believe energy and infrastructure are inextricably combined. We need cheap energy to fuel sustained economic growth. And we need infrastructure in place to move and dispense the energy from its source to its destination. Today I'm going to give you a perfect example of how the two are intertwined, and how one can play off the other to create a positive benefit for all.Read full article... Read full article...
Sunday, September 14, 2008
Gasoline Shortages And Higher Prices Expected / Commodities / Gas - Petrol
There is an excellent discussion of the Implications of a Ten Day Refinery Outage on The Oil Drum. I encourage everyone to take a look. The comments are good too. Here are a few snips.Insight 4. It is likely that we will have product shortages for at least the next three to four weeks, because of shut in refinery capacity and reduced refinery runs.
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Tuesday, August 19, 2008
How Foreign Policy Affects Gas Prices / Politics / Gas - Petrol
We've heard how the value of the dollar affects gas prices - and indeed the price of everything. I was pleased that my request for a hearing on such was granted by the Financial Services committee and we were able to hear some very informative testimony. Certainly domestic policies, regarding off-shore oil drilling bans, ethanol mandates, refining capacity, and CAFE standards are interventionist and harmful enough in the energy market.Read full article... Read full article...