Gasoline is a vital fuel for internal combustion engines, it comes in various forms, each with distinct characteristics determined by its composition and octane rating. Octane rating is a measure of a fuel’s resistance to knocking or detonation. It plays a crucial role in engine performance and efficiency. Exploring the different forms of gasoline and […]
Read MorePrices Climbing
For the fourth straight week, gasoline prices have risen according to data from AAA on Monday. Gasoline prices have risen 32.7 cents over the last month as crude prices also have increased. Over the past week alone, gasoline is up 11.8 cents which is 9.4 cents higher than they were a year ago before the […]
Read MoreKeep your business on track during a supply disruption
Has this ever happened to you? You are scouring your local market for diesel or gasoline product, can’t find any, and then end up needing to go somewhere else for product? A supply disruption is no fun for anyone involved. Take a look at the inventory chart above. This depicts the national distillate supply situation […]
Read MoreThe Truth, the Whole Truth, and Nothing but the Truth About Today’s Gas Prices
Most Americans have by now felt the impact of the ever-rising gas prices at the station. The national average is $4.305/gallon. With record-high levels in recent days, Americans are eager for relief. Given all the rhetoric surrounding gas prices, when can we expect to realistically see relief at the pump? Media is highlighting the Russian […]
Read MoreGas Prices Rising Again After Brief Lull
Anyone frequenting a gas pump this summer has noticed a dramatic increase in cost compared to last year’s driving season, and industry analysts don’t see things changing in the near future. In the week leading up to July 26th, America’s average gas price dropped two cents to $3.15 per gallon. The American Automobile Association (AAA) […]
Read MoreCyber Security and the Government’s Plan to Protect our Infrastructure
Most of us have at one point or another experienced a password hack. Whether that be for a singular card, an email, or even worse, our social security number- there are few things that feel more invasive than this great breach of privacy. The US is consistently dodging attempts from malicious software to infiltrate our […]
Read MoreWill Gasoline Supply Keep Up with the 2021 Driving Season?
Last December when the Pfizer and Moderna COVID-19 vaccines were issued emergency use authorization by the U.S. Food and Drug Administration (FDA), many of us thought the summer of 2021 was going to be an explosive driving season. That is certainly shaping up to be the case and fuel supply is struggling to keep up […]
Read MoreUnderestimating Demand in the Markets
As COVID-19 vaccine distribution continues to roll out, global markets underestimated the demand for oil as the economy reopens for business. Goldman Sachs is expecting Brent crude to hit $80 per barrel and forecasters remain optimistic that prices will stay above $70 per barrel by mid-2021.
Read MoreLife After Covid – A Return to a Sense of Normalcy
After a year of uncertainty and instability in the market created by COVID-19 and a global shutdown, we are starting to see signs of a return to normalcy. Over the past 8 weeks there has been a gradual decline in COVID-19 cases nationally. According to Bloomberg business, “retail gasoline sales rose last week to just […]
Read MoreRefined Products Rally
The oil patch is rallying today being led by refined products. This is due to the fact that Hurricane Sally has left a trail of “catastrophic” rainfall in Alabama earlier this week and is now barreling through the Carolinas and is hindering supply at petroleum terminals.
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