Every time gas prices start to go up, my essay “Why Are Gas Prices Rising?” gets a lot of hits from Google searches by people looking for an explanation. Because the supply/demand dynamics have changed, […]
Tag: oil inventories
Rank the Top 10 Oil Stories of 2008
As I recover from a backlog of work, one of the stories I plan to write is a post covering the top energy stories of 2008. Around that theme, Platts just put up a request […]
This Week in Petroleum 1-30-08
Updated Gasoline inventories did in fact edge upward, as gasoline imports were very strong. Had that not been the case, gasoline inventories would have definitely come down, as utilization continues to trend down. In fact, […]
This Week in Petroleum 1-24-08
Updated: Not too much to get excited about. Those reports of some refineries coming down early for turnarounds due to low margins look to be accurate, given the drop in refinery utilization. That would also […]
This Week in Petroleum 1-16-08
With all of the traveling, and then trying to catch up after the holidays, I haven’t had time to do a proper TWIP. Anyway, mostly what we saw for the past month were crude draws, […]
Rank the Top 10 Oil Stories of 2007
While I intend to write a post covering the top energy stories of 2007, Platts is asking for reader input on the top oil industry stories of 2007: The top 10 oil industry stories of […]
This Week in Petroleum 12-12-07
Updated: You would think if last week’s large inventory drop was due to fog-induced delays, all of that crude would show up this week. Not so, as another drop in crude inventories was recorded: U.S. […]
This Week in Petroleum 12-5-07
Update following the release: Big surprises all around this week: Summary of Weekly Petroleum Data for the Week Ending November 30, 2007 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) dropped […]
Beginning of the Correction?
It’s no big secret that I think oil prices ran ahead of themselves in the past couple of months. I don’t think they should have cracked $90 this year (and despite mass amnesia by analysts, […]
Two Dead in Pipeline Explosion
This is one case in which I was a bit slow to process the information. I heard about this pipeline explosion not too long after it happened, but the seriousness was not immediately apparent to […]