DOE/EIA diesel price inches up as broader numbers move higher
The benchmark number for fuel surcharges isback to levels not seen since ’18.
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
The benchmark number for fuel surcharges isback to levels not seen since ’18.
Wood is a problem and plastic is expensive; it’s just one more pressure point to worry about in the supply chain.
The District Court of The Hague in the Netherlands on Wednesday ordered Royal Dutch Shell (NYSE: RDS.A) to reduce its carbon dioxide emissions by a net 45% compared to 2019 levels by the end of 2030. Friends of the Earth Netherlands (Milieudefensie), six other organizations and more than 17,000 co-plaintiffs, who issued a document to […]
After an 85% revenue jump, the South Korean carrier turns its attention to meeting its carbon neutrality target.
Bearish factopr: China demand may be slowing. Bullish factor: Still lots of growth the rest of the year, according to Platts.
Also on the podcast: Why a weaker dollar isn’t great news for diesel buyers.
The Energy Observer is on a seven-year cruise to publicize the role alternative energy could play in the shipping industry.
Big gains in prices in the Southeast on the back of Colonial woes helped propel the benchmark number higher.
Also on the podcast, KeyBank’s Fowler talks about what blowout Q1 earnings said about the state of trucking.
The move by Phillips 66 will see the company take a stake in a soybean processing supply chain to ensure it gets enough feedstock for its ambitious renewable diesel strategy.
The optimistic news about a return to normal helped push down commodity diesel and gasoline prices.
The return of the pipeline was being announced just as supplies of diesel were starting to become an issue.
Racetrac, Love’s and Pilot Flying J release list of stations with gasoline and diesel outages due to the Colonial shutdown
A run on gasoline by individual motorists has drained inventories out of the stations and into the tanks.
The timing of the survey and events Monday regarding Colonial Pipeline suggest there was no impact on the price from the closure
There were plenty of conditions attached to the pipeline’s statement, but the diesel market is relieved the shutdown won’t last too long.
t is going to be less-transparent cash markets that drive what diesel buyers are going to be paying at the pump for the market suddenly hit with a loss of supply.
A glut that might develop in the Houston area can’t easily be transferred without the services of the giant pipeline
Also on the podcast: A renewed surge in diesel prices.
As economies of scale make hydrogen production more affordable, the aviation industry’s interest in hydrogen-powered aircraft is growing.