energy production that’s pretty much the opposite of what’s going on, saying the Biden administration has killed oil production and caused high gasoline prices. Actually, the United States is already producing more oil than any other country in the history of the world. St...
energy production that’s pretty much the opposite of what’s going on, saying the Biden administration has killed oil production and caused high gasoline prices. Actually, the United States is already producing more oil than any other country in the history of the world. Sti...
Well, StanChart was later vindicated, with the EIA revising May gasoline demand to 344 kb/d higher to 9.396 mb/d, which is good for a 3.5% Y/Y increase. Jet fuel demand rose 5.9%Y/Y while total oil demand was revised higher by 811 kb/d to 20.8 mb/d, good for a 2.3% increase...
Phillips 66 and peersValero EnergyandMarathon Petroleumhave seen margins and earnings plummet. Outside of refining, there's adownturn across the materials sector, expanding into commodity and specialty chemical companies, petrochemical companies, and more. Despite the lower earnings...
Valero Tesoro Sunoco Independent refiners will often have a chain of service stations to market their products. What makes them independent is the fact that they have no E&P operations Consumption – The Final Step in Adding Value The final link in the oil and gas value chain is consumption. ...
Since the 1990s, the Environmental Protection Agency has required a minimum level of detergent for all gas sold, but some automakers believe the EPA standards aren’t good enough. To be considered Top Tier, the gasoline must have a higher concentration of detergent added to it. ...
000 participating restaurants like Arby's, Papa Johns, and Dunkin' Donuts, as well as convenience stores like Casey's General Store. The Upside app is also applicable at grocery stores in select cities like Los Angeles and Chicago, and gas station chains like Shell, Valero, Exxon, Conoco, ...