Gasoline Spikes to Record $4.49, Just in Time for Summer Driving Season. Crude Oil Jumps. Not going to Help CPI in May by Wolf Richter • May 16, 2022 • 194 Comments Make that $6.55 for regular at my San Francisco gas station from heck.
Gasoline & Diesel Prices Spike to New WTF Records, But Don’t Blame Crude Oil by Wolf Richter • May 9, 2022 • 177 Comments Predictions a few weeks ago of peak gasoline prices have been obviated by the inflationary mindset.
Diesel Spikes to WTF Record $5.51, Gasoline Jumps to $4.18 by Wolf Richter • May 2, 2022 • 165 Comments But wait a minute… crude oil futures are far below a record.
Has Gasoline Price Shock Triggered Demand Destruction Yet? And Where Will Gasoline Prices Go from Here? by Wolf Richter • Apr 17, 2022 • 172 Comments There’s some demand destruction. But oil bounced again already. Gasoline might be next. My guess is a long-drawn-out zigzag higher.
US Natural Gas Production and LNG Exports amid Urgent Demand for LNG from Europe by Wolf Richter • Mar 28, 2022 • 126 Comments Biggest buyers of US LNG: South Korea, China, Japan, Brazil. But Mexico bought more US natural gas than all four combined.
Ultimate No-Growth Industry: Electricity Generation in 2021 Rose to, Well, 2007 Levels, Eagerly Awaits Demand from EVs by Wolf Richter • Mar 22, 2022 • 113 Comments But the mix of how power was generated changed dramatically over the years.
Diesel Spikes to $5.25, Gasoline to $4.32, in Historic Leaps. But Wait a Minute… Futures of Crude Oil & Gasoline Plunge by Wolf Richter • Mar 15, 2022 • 154 Comments Neck-breaker volatility in opposite directions in an unsettled market.
How Much Russian Crude Oil & Petroleum Product Does the US Import? Where Does it Go? How Much Impact Will the Russian Oil Ban Have? by Wolf Richter • Mar 8, 2022 • 163 Comments One more complication in the vast global oil trade, even for the US, one of the largest producers in the world and a big exporter.
Crude Oil WTI Futures Go Bananas, Briefly Spike to $130: And this Is What’s Happening at my Gas Station by Wolf Richter • Mar 6, 2022 • 265 Comments Speculators are reacting to other speculators who are reacting to whatever.
Crude Oil WTI Spikes: The Storm Today after the Calm Yesterday by Wolf Richter • Mar 1, 2022 • 103 Comments No one in the oil industry wants to crash this party after what they’ve been through since 2014 when surging US production caused the price to collapse.
