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API reports record US petroleum production in April: 10.543 million b/d; strongest April demand since 2007

Green Car Congress

About 94% of distillate demand in April was for ultra-low sulfur diesel (ULSD), which increased by 8.4% Strong global demand raised international oil prices by more than domestic ones. Domestic WTI crude oil prices averaged $66.25 Domestic WTI crude oil prices averaged $66.25 m/m and 9.6%

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API: March US Gasoline Demand and Production Set Records

Green Car Congress

The record gasoline production in March makes it abundantly clear that supply is not an issue with the higher gasoline prices we’ve seen. Sharply higher crude oil prices are driving that, and they continue to put upward pressure on the price at the pump. Domestic crude oil production in March 2010 hit 5.5

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