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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. However, the retail price of gasoline includes other costs as well. Gasoline prices are also influenced by gasoline demand relative to gasoline supply.

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US average retail gasoline prices ended 2017 lower than they started

Green Car Congress

US regular retail gasoline prices averaged $2.72 per gallon (gal) in 2018, 30 cents/gal (13%) higher than in 2017 and 57 cents/gal higher than in 2016. In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal gal at least once in 2018. gal to $2.91/gal

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EIA: Supply disruptions and increasing demand boosted US petroleum product imports in March

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Imports of petroleum product into the United States increased in March 2021 as a result of increased demand, temporary unplanned refinery outages in the US Gulf Coast, and high US petroleum product prices compared with prices in Europe, according to the US Energy Information Administration (EIA). US gasoline consumption increased to 8.6

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EPA: US GHG emissions in 2017 down 0.3% from 2016

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from 2016, according to the US Environmental Protection Agency’s (EPA’s) latest Greenhouse Gas Inventory. The decrease in total greenhouse gas emissions between 2016 and 2017 was driven in part by a decrease in CO 2 emissions from fossil fuel combustion. In 2017, total gross U.S. greenhouse gas emissions were 6,472.3

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EIA: Renewable diesel increasingly used to meet California’s Low Carbon Fuel Standard; 10.1% of total diesel supplied in 2Q18

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Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% of the total diesel supplied to California that quarter, according to the US Energy Information Administration (EIA).

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Audi begins initial engine testing of Global Bioenergies, Fraunhofer e-gasoline

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Audi remains convinced of the potential of the fuels e-gas, “e-benzin” (e-gasoline) and e-diesel and is continuing to pursue its e-fuels strategy. galons US), the largest batch yet produced—of synthetic Audi e-gasoline for initial engine tests. Audi “e-benzin” (e-gasoline) is essentially a liquid isooctane. Earlier post.)

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EIA: US energy-related CO2 emissions down 1.7% in 2016; carbon intensity of economy down 3.1%; transportation emissions up

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US energy-related CO 2 emissions decreased by 89 million metric tons (MMmt), from 5,259 MMmt in 2015 to 5,170 MMmt in 2016. These contributing factors included a decline in the carbon intensity of the energy supply (CO 2 /British thermal units [Btu]) of 1.7% Transportation increase led by gasoline consumption. along with a 1.4%

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