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How crude-oil prices influence gasoline prices

Green Car Congress

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. for a 10-day lag.

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Aemetis wins $6M biodiesel supply contract with India Government oil companies

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announced that its Universal Biofuels subsidiary has won a $6-million first contract to supply biodiesel to the India government-owned Oil Marketing Companies (OMC) in a public tender process. The plant was constructed in 2008 and was expanded to produce refined glycerin in 2013. Aemetis, Inc.

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Opinion: Global Oil Supply More Fragile Than You Think

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Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. Now a prevailing sense that oil prices may stay lower for longer has hit the markets. In other words, oil traders are now feeling much gloomier about oil prices several years out than they were at the beginning of 2015.

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EIA: Strong demand for diesel leads to high prices and tight inventories going into winter

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ULSD is the most widely consumed form of distillate fuel oil. In October 2022, the United States had 25 days of supply of distillate, the fewest since 2008, the EIA said. US days of supply between 2017 and 2021 averaged 34 days. In October 2022, the New York Harbor spot price for ULSD averaged $4.36

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Peugeot to show 2008 HYbrid Air at Geneva show; more detail on operation

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Peugeot 2008 HYbrid Air. Like its group partner Citroën ( earlier post ), Peugeot will display an application of the new Hybrid Air technology ( earlier post )—the 2008 HYbrid Air—at the upcoming Geneva show. This is an energy carrier which supplies the hydraulic motor coupled to the drivetrain. Click to enlarge.

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EIA: 5 states and the Gulf of Mexico produce more than 80% of US crude oil; shales drive the growth

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Five states (Texas, North Dakota, California, Alaska, and Oklahoma) and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in the United States in 2013, according to the US Energy Information Administration (EIA). Click to enlarge. million barrels per day.

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Siemens Energy secures 50 MW electrolyzer order from European Energy for first large-scale eMethanol project

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The project secures the e-Methanol supply for Maersk’s first e-Methanol-driven container vessel, and thus demarks the starting point into CO 2 -neutral shipping in large-scale. End users of the e-Methanol will be the shipping company Maersk and the fuel retailer Circle K among others.

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