Gasoline Spikes to Nearly $5 US Average, Diesel to $5.70. Crude Oil WTI Jumps to $119. Inflation Not in the Mood of Peaking Yet by Wolf Richter • Jun 6, 2022 • 207 Comments San Francisco regular hit $6.34 on average; at Wolf’s gas station from heck, it hit $6.79, premium at $7.00.
Demand Destruction Hits Gasoline (But Only a Little) as Prices Spike in Historic Leap Just for Summer Driving Season by Wolf Richter • May 26, 2022 • 139 Comments I see gasoline prices rising further despite this modest short-term & long-term demand destruction.
US Natural Gas Futures Spiked to Highest since 2008, Tripled in a Year: Why We Kissed that Dirt-Cheap Natural Gas Goodbye by Wolf Richter • May 25, 2022 • 151 Comments The boom in natural gas exports creates massive demand on US production and connects US prices to the rest of the world.
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.
