Read more about the article Oil settles up on distillate strength, supply concerns
My View Following Saved May 2, 2022 3:47 PM EDT Last Updated 21 hours ago Oil settles up on distillate strength, supply concerns By Laura Sanicola 3 minute read Storage tanks at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S. Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/Files

Oil settles up on distillate strength, supply concerns

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products,…

Continue ReadingOil settles up on distillate strength, supply concerns
Read more about the article Everyone is worried about gas prices, but diesel is driving inflation more than you think 
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images

Everyone is worried about gas prices, but diesel is driving inflation more than you think 

Now, with sanctions on Moscow, Russia's fuel exports to Europe are down and there is a global scramble for supply that has sent prices to record levels.  The prices for…

Continue ReadingEveryone is worried about gas prices, but diesel is driving inflation more than you think 

U.S. gasoline and diesel prices declined slightly the week after their March 14 peak

Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update On March 21, the U.S. regular retail gasoline price across all formulations (conventional and reformulated) averaged $4.24 per gallon (gal), and the…

Continue ReadingU.S. gasoline and diesel prices declined slightly the week after their March 14 peak

EIA projects global conventional vehicle fleet will peak in 2038

Source: U.S. Energy Information Administration, International Energy Outlook 2021 Reference case In our International Energy Outlook 2021, we estimate the global light-duty vehicle (LDV) fleet contained 1.31 billion vehicles in 2020, and we project…

Continue ReadingEIA projects global conventional vehicle fleet will peak in 2038