Commercialization, Conventional Fuels
May 7, 2020
Via: CNBC energyOil jumped on Thursday and was on track for one of its best weeks in history as a number of bullish factors supported prices, including U.S. companies cutting production, Saudi Arabia raising its official oil selling price and gasoline demand […]
Commercialization, Conventional Fuels
March 26, 2020
Via: ForbesOil prices have collapsed by more than half this year, to $23 per barrel today for West Texas Intermediate crude. But now is not yet the time to buy oil — because the worst is yet to come. Gasoline demand […]
July 22, 2016
Via: ForbesLast week the Energy Information Administration (EIA) released its most recent Short Term Energy Outlook (STEO), and the forecast now calls for record U.S. gasoline consumption this year: Motor gasoline consumption is forecast to increase by 130,000 b/d (1.5%) to 9.29 […]
June 20, 2016
Via: WSJElectric cars are poised to reduce U.S. gasoline demand by 5% over the next two decades—and could cut it by as much as 20%—according to a new report being released Monday by energy consulting firm Wood Mackenzie. The U.S., which currently uses more than nine […]