Category: Gasoline

The most unexpected chart you’ll see at OTC

Gamal Hassan, CEO of energy consultants ADH International asked an audience at the Offshore Technology Conference: “What should be the priority for technology innovation?”  More »

Oil slips on China data; gasoline price declines

U.S. crude for June delivery fell 28 cents to close at $99.48 a barrel.  More »

Oil rises but stays below $100 level

Prices fell below $100 a barrel this week, mostly due to a surge in U.S. supplies of crude oil.  More »

US to build gasoline reserves in Northeast

The government is establishing its first emergency reserves of gasoline to address future fuel disruptions in the New York City area and New England like those caused by Superstorm Sandy in 2012, the Energy Department announced Friday.  More »

Oil falls a second day on U.S. growth, supply worry

U.S. crude oil dropped 32 cents to $99.42 a barrel.  More »

Miley, Bieber, and Changing Global Oil Dynamics

Let’s go a little controversial here. The US oil boom is such a headline-grabbing topic at the moment that I cannot help but draw comparisons betwixt it and its pop culture equivalent, Miley Cyrus. And while on that tangent, the oil cartel OPEC reminds me of…Justin Bieber: just as US oil production is surging in […]  More »

Energy Transfer Partners buys Stripes operator for $1.8B

Dallas-based Energy Transfer Partners will pay $1.8 billion for the company that operates the Stripes convenience store chain, which has 630 locations across Texas, New Mexico and Oklahoma.  More »

More drilling, capital needed to sell shale, PE investor says

The euphoria that drove a land rush in U.S. shale plays has in recent years given way to reality: Not all shale rocks were created equal. Buyers are now a lot more skeptical of any oil land on the sales block, says a private equity investor who is establishing a new office in Houston this week.  More »

Oil declines as U.S. oil supplies rise

The U.S. Energy Department’s Energy Information Administration said oil supplies rose 3.5 million barrels in the week ended April 18.  More »

Oil tops $104 on Ukraine fears

Natural gas surged nearly 5 percent after the Energy Department reported that U.S. storage levels rose less than expected.  More »

Oil price rises past $104 amid Ukraine tensions

Markets have been rattled by concern Western sanctions against Moscow might disrupt Russian exports of oil and gas.  More »

Oil up nearly 3 percent for the week

The national average retail price for gasoline rose a penny to $3.62 per gallon.  More »