All Aboard the Less for More Train

All Aboard the Less for More Train

Michaels Energy was founded in 1984 in the wake of the 1970s energy crises when fear of energy starvation gripped the nation and world. Forecasts indicated natural gas and crude oil reserves would soon be depleted. Policymakers were so freaked out that, for a short...
Jack Linked on Gasoline Markets

Jack Linked on Gasoline Markets

I drove the 3.5-hour route to see my mother last weekend. In preparation, I decided to fill my little tank the night before. And besides, I thought, prices are likely to be higher tomorrow. It was $4.149 per gallon. The next day, about 45 miles down the road on I-90...
Petroleum Fascinations and Price Drivers

Petroleum Fascinations and Price Drivers

Last week, we explored ethanol carbon content, carbon caps and markets, and refiner profits on gasoline and diesel fuel. Wasn’t it fantastic stuff? This week, we describe precisely how the fluids you use to fuel and lubricate your vehicle are manufactured, what drives...