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crude oil

Jun 14
Love2

Energy Inflation and Resetting the Dislocated Shoulder

By Energy Rant No Comments
As of last week, year-to-date energy prices are up 58% for NYMEX crude oil, 91% for NYMEX gasoline, and only 39% for retail gasoline. Retail prices seem to have a long way to climb as the high NYMEX prices make their way to the local gasoline pump. This week we look at how inflation is hitting our industry of efficiency and electrification and what might lie ahead. Let’s start with one-year price changes for a basket of commodities and roll forward with that. Diesel Fuel is Food Diesel fuel is used to transport seed, chemicals, fertilizers, and equipment to the…
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Jun 07
Love2

Jack Linked on Gasoline Markets

By Energy Rant No Comments
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 in Southern Minnesota, Love’s posted price was $4.599. WHAT? I thought I slept through a timewarp, but it was confirmed by sign after sign. Petty Games How are you dealing with high energy prices? I have filled my tanks on multiple occasions before I otherwise would in order to buy…
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Jan 14
Love0

Petroleum Fascinations and Price Drivers

By Energy Rant No Comments
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 their costs, and how they impact efficiency. Feeling tingly? Let’s go! Diverging Gasoline and Diesel Costs – Why? Referring back to the article I mentioned last week from The Wall Street Journal: Gas Prices are Falling, but Refiners Keep Making More, believe me when I say, you are getting more analysis and insight from this blog than…
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Nov 05
Love0
graphic of a train

What’s Newer Than the iPhone? Crude Oil by Rail

By Energy Efficiency, Energy Rant No Comments
Paid any attention to news lately?  Need any ideas for a Halloween costume?  Whoops – too late for that.  A good costume would be the Ebola virus – the current obsessive, 24/7 news feeding fixation.  Other than Ebola, it is fair to say the region between Morocco and India is as chaotic as ever.  There are civil wars, religious sects at war, heinous videos, Iran plowing ahead with nuclear weapon development, and last, but not least, Vlady Putin, the KGB thug clearly wants to reassemble the Soviet Union.  If one were to board the DeLorean time machine (incidentally fueled by…
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All things energy. That’s our jam.

We talk a lot about energy – from the serious to the satirical.

All things energy. That’s our jam.

We talk a lot about energy – from the serious to the satirical.

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