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Diesel

Commentary: Key turning points in the energy complex

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(source: Wikipedia) To be honest, I had not heard of the phrase ‘Jumping The Shark‘ until recently (I’m not talking about surfer Mick Fanning either). It’s not like I didn’t watch ‘Happy Days’ when I was growing up, I just don’t remember that episode. For those unaware, ‘Jumping The Shark‘ is a term used to […]
(Photographer: Ty Wright/Bloomberg)

$2 gasoline on the way, but not until the fall

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Gasoline prices could tumble below $2 per gallon in some states, but drivers shouldn’t expect to see those deep discounts until the mid-fall when summer driving season ends, demand diminishes and expensive summer gasoline gets replaced with cheaper winter blends.
(Jeff Pachoud/AFP/Getty Images)

Gasoline prices have reached their 2015 peak

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Pump prices have reached their highest point and should continue to fall for the rest of the summer as refineries run hard to process a glut of cheap oil, providing U.S. drivers the cheapest gasoline in six years.
(Nick de la Torre/Houston Chronicle)

CERAWeek: Refiners remain competitive even if crude export ban lifted

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Refiners have benefitted from the crude collapse by buying up cheap oil and transforming it into higher-priced gasoline, diesel and other refined products, an executive with the world’s largest independent refinery said Monday.
MEXICAN ARMY GUARDS PEMEX INSTALATIONS AND REFINERIES

To combat fuel theft, Pemex reduces gasoline and diesel pipeline shipments

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Pemex reported 3,600 illegal fuel taps on pipelines last year, a 66 percent increase from the 2,167 a year earlier, costing the company an estimated $792 million.
(Luke Sharrett/Getty Images)

Truckers gaining from diesel’s drop

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Diesel’s drop will aid everyone from truckers to industrial users such as Bortz, chief executive officer of Towne Construction Services in Batavia, Ohio, which uses 300,000 gallons of diesel a year.
(Getty Images)

Study: All-electric cars may not be so green

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The key is where the source of the electricity all-electric cars.
(Photo by Joe Raedle/Getty Images)

AAA: Consumers now saving $100 per month on gasoline

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Gasoline prices averaged $2.60 per gallon Friday — the lowest level since Dec. 27, 2009.
Kirby Corp. is best known for operating a large fleet of inland barges. (Photo: Kirby)

Kirby Corp. grows onshore with hydraulic fracturing boom

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Kirby Corp., a Houston-based barge shipping company, is growing its business on shore. Since hydraulic fracturing took off, Kirby has found a growing market for its diesel engine services division.
The engines power hydraulic fracturing pumps, and demand has been rising in recent years.
Marathon Oil gas pump (AP Photo/Michael Conroy)

Marathon Petroleum warns against lifting crude export ban as profits triple

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Marathon Petroleum Corp. saw its profits triple on the widening price spread between crude and refined products and a record quarter for its convenience store segment.