This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The PODA model is a machine-learning-based model to project the US gasoline demand using COVID-19 pandemic data, government policies and demographic information. The Motor Gasoline Demand Estimation Module quantifies motor gasoline demands due to the changes in travel mobility.
Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. The road trip will run from Mississippi through Louisiana before concluding in Texas.
Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “
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.
In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil.
Gasoline sales fell 8.4% (nearly 185 million less gallons) from the previous week for the seven-day period ending 28 November, bringing consumption to the lowest level for a Thanksgiving Week in 23 years, going back to 1997. Northeastern gasoline sales dropped 10.1% —Tom Kloza, executive director, IHS Markit.
The average retail price for regular gasoline in the United States on 24 May, the Monday before the Memorial Day weekend, was $3.02 per gallon (gal), the highest gasoline price before Memorial Day since 2014, according to the US Energy Information Administration’s (EIA’s) weekly Gasoline and Diesel Fuel Update.
Texas-based fuel company Nacero ( earlier post ) will build its second low- and zero-carbon fuels plant in Newport Township, Pennsylvania. The new manufacturing facility will produce low- and zero-lifecycle carbon footprint gasoline blendstock made from natural gas and renewable natural gas.
Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. The captured CO 2 will be used for enhanced oil recovery.
Methanol-to-gasoline process flow diagram. The resulting methanol would be blended with crude and transported via the trans-Alaska oil pipeline to Valdez, where it would be extracted from the oil and processed via Methanol-to-Gasoline technology into gasoline. Gasoline could be delivered from Valdez at $2.65
The average US household will spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years, according to projections by the US Energy Information Administration (EIA). The price for US regular gasoline has fallen 11 weeks in a row to an average $2.55
whereby Vitol would purchase 100% of the gasoline produced from MBFP’s industrial gasification and liquefaction facility located near. The cleaned syngas is conditioned, modified and converted to methanol, which is then converted to gasoline via the licensed ExxonMobil Research and Engineering methanol-to-gasoline (MTG) process.
The new nanoparticle-based catalyst could help oil refineries make the process of manufacturing gasoline more efficient, reduce the impact on the environment, and produce higher-octane gasoline. A paper on their work was published online in the Journal of the American Chemical Society on 3 Sep. Resources.
Motiva, the joint venture between Shell and Saudi Aramco, marked the completion of a five-year construction project that more than doubled the daily processing capacity of the Motiva Refinery in Port Arthur, Texas to 600,000 barrels of crude. million gallons/day gasoline. > vacuum gas oil from VPS5. Earlier post.) MBPD of feed.
announced that Express Lube of Fredericksburg, Texas, is the first US service station to sell gasoline blended with Gevo’s renewable isobutanol at the pump. Sheffield learned about Gevo’s renewable isobutanol from Kino Oil, a local distributor that sells the product in drums. Earlier post.).
Gasoline consumption in the United States is now more than halfway back to pre-COVID-19 levels as motorists get back on the road amid at least a partial recovery of the US economy, according to OPIS, an IHS Markit company. This allows users to track and benchmark industry trends for overall retail gasoline sales.
TXE is engaged in developing a gasification facility in Beaumont, Texas that will convert petroleum coke, an oil refining waste product, into hydrogen and pipeline quality carbon dioxide. Zero Emission Energy Plants Ltd. ZEEP ) has entered into a definitive agreement with Eastman Chemical Company Investments, Inc.,
Oil remains the world’s leading fuel, but its 33.1% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1%
In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 EIA also forecasts that 2019 crude oil production will rise further to an average of 10.8 US crude oil production averaged an estimated 9.3 million b/d set in 1970.
In 2021, the energy index group made up 54% of the GSCI, and two crude oil benchmarks, West Texas Intermediate (WTI) and Brent crude oil, accounted for approximately 70% of the weighting in the energy sector index. WTI crude oil makes up the largest share of the overall GSCI at more than 21%.
Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oil sands using different production processes relative to gasoline produced from reference crudes. The proposed Project is not likely to impact the amount of crude oil produced from the oil sands.
will construct the Diamond Pipeline, a 440-mile (708 km), 20-inch crude oil pipeline that will provide capacity of up to 200,000 barrels per day of domestic sweet crude from the Plains Cushing, Okla. The refinery currently primarily processes light and sweet crude oil received through the Capline pipeline. Valero acquired it in 2005.
Total motor gasoline deliveries, a measure of consumer gasoline demand, rose 1.4% Crude oil production decreased 1.4% Crude oil production decreased 1.4% Texas continued with high production, posting the highest ever January production. Crude oil imports increased 8% from January 2015 to 7.7 At nearly 3.6
Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6
a developer of a catalytic pyrolysis process to produce renewable oil from biomass, has received a term sheet for a loan guarantee from the US Department of Energy’s Loan Guarantee Program supporting a more than $1-billion biofuels project. The project would convert wood biomass into drop in biofuels such as gasoline and diesel fuel.
Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.
Additional processing of domestically sourced tight light oil could marginally increase refinery efficiency, but these benefits could be offset by crude rebalancing, they found. The researchers refined and calibrated the LP model to highly refined fuels such as reformulated and CARB gasoline and low-sulfur diesel fuels.
The increase in demand came as the US continued to sustain world-leading production, which continues to meet virtually all global oil demand growth. Consumer gasoline demand, measured by total motor gasoline deliveries, was 9.6 compared with July 2018, even as gasoline prices were 3.6% mb/d in July—a decrease of 1.4%
Colonial Pipeline is the largest refined products pipeline in the US, transporting more than 100 million gallons of fuel daily to meet the energy needs of consumers from Houston, Texas to the New York Harbor. Originally founded by nine oil companies in 1962, today Colonial is owned by five entities: CDPQ Colonial Partners, L.P.
Ensyn ( earlier post ) has been granted a key regulatory approval from the US Environmental Protection Agency (EPA) for its renewable gasoline product, RFGasoline. An FCC system circulates catalyst in a closed loop between two key vessels in order to convert vacuum gas oil to gasoline. Earlier post.).
Current products include gas oil, gasoline, diesel fuel, and petroleum coke. Although the existing refinery has a maximum rated crude processing capacity of 70,000 bpd, due to a 2008 bankruptcy of the prior owner, crude oil refining was temporarily suspended. the routes over which the crude oil will be transported.
announced the start-up of its 135 million standard cubic feet per day (scfd) hydrogen plant serving the Valero refinery Port Arthur, Texas and other customers. Hydrocrackers are used to break down hydrocarbon molecules in heavier crude oil to produce premium transportation fuels, such as gasoline, diesel, and jet fuels, that burn cleaner.
Air Products plans to construct a new 180-mile long pipeline connecting its existing Louisiana and Texas hydrogen pipeline systems, creating the world’s largest hydrogen plant and pipeline supply network. Hydrogen is widely used in petroleum refining processes to remove impurities found in crude oil such as sulfur, olefins and aromatics.
Larger trucks and SUVs with powerful, high-displacement engines are the low-hanging fruit for any policymaker seeking the most efficient path to reducing gasoline use and the associated emissions, according to an issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy.
The green microalga Botryococcus braunii is considered a promising biofuel feedstock producer due to its prodigious accumulation of hydrocarbon oils that can be converted into fuels. Now, a team led by researchers from Texas A&M AgriLife Research has identified the first committed step in the biosynthesis of hydrocarbon oil in B.
has received sufficient transportation commitments to support development of its 1,230-mile Appalachia to Texas pipeline (“ATEX Express”) that will deliver growing ethane production from the Marcellus/Utica Shale areas of Pennsylvania, West Virginia and Ohio to the US Gulf Coast. Enterprise Products Partners L.P. cents per gallon and 15.5
Air Products had operated two hydrogen pipeline systems in Texas and Louisiana before joining them with a new 180-mile segment. billion cubic feet of hydrogen per day to Louisiana and Texas customers. The company announced the pipeline project in 2010 and placed it onstream in August 2012 to begin supply of more than 1.2
Source: Texas A&M. The first of many parallel steps for the research effort is to mass-culture the best oil-producing strains of Dunaliella , and then to map the Dunaliella genome and identify the genes responsible for regulating the quantities and qualities of the produced fatty acids. Dunaliella. Click to enlarge.
Air Products will increase the supply of hydrogen to Marathon Petroleum Company LP, a subsidiary of Marathon Oil Corporation (NYSE: MRO), at Marathon’s Garyville, La. The new pipeline extension, which is in the project execution phase, will connect Air Products’ Texas hydrogen system to the Louisiana hydrogen system.
headquartered in Dallas, Texas, is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. Alon markets gasoline and diesel products under the FINA brand name and is a leading producer of asphalt. Alon USA Energy, Inc.,
million barrels or 3.8325 billion gallons annually of cleaner transportation fuels including gasoline, diesel, and jet fuel from crudes sourced domestically from the Anadarko, Permian, Denver and Julesburg, and Bakken Basins. Cushing is the most significant trading hub for oil in North America.
and Dallas, Texas, from US Development Group (USD), and the formation of a joint venture to coordinate access to these terminals, other assets KMP already owns and operates, and other projects under development. KMP is also the leading provider of CO 2 for enhanced oil recovery projects in North America. Baltimore, Md.,
Green indicates that the Nissan Leaf is lower emitting than the gasoline vehicle (Toyota Prius Hybrid or sales-weighted ICEV), while red means that the opposite holds. Most studies indicate that the key factor when comparing PEVs and gasoline vehicles is the magnitude of emissions associated with electricity production. Earlier post.)
The project will convert an existing hydrocracker for the production of low-carbon renewable diesel from soybean oil, resulting in a reduction of greenhouse gas emissions compared to hydrocarbon diesel. Construction work has begun for the $110-million project, scheduled to be completed in July 2021.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content