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.
Shipping Expenses in the US Go Through the Roof by Wolf Richter • Jan 13, 2022 • 101 Comments Amid transportation chaos & delays, high demand, soaring diesel prices, and labor shortages.
