A ‘real’ natural gas revolution in the US: Moniz
The nat gas market is flourishing, U.S. Secretary of Energy Ernest Moniz told CNBC on Wednesday.
Gasoline price gouging indications grow stronger
As corporate profit reports rolled in this winter from the gasoline refining industry, the case for gas price gouging grew steadily stronger.
Saudi oil minister ‘optimistic’ that world oil market will rebalance
Ali Al-Naimi, Saudi Arabia minister of petroleum and mineral resources, remains “optimistic” that the world oil market will rebalance supply with demand, and therefore see higher oil prices return.
Ethanol mandate triggers ‘constant litigation,’ USDA chief says
The conflict between agriculture and petroleum interests over the government’s ethanol mandate shows no signs of abating, U.S. Department of Agriculture Secretary Tom Vilsack said.
How the world’s great oil powers became so powerless
Right now, at least 3 billion barrels of oil — a record — is just sitting there. That oil alone could power the world for a month.
98 is the number to remember for U.S. gasoline in the 2020s
Ethanol, at 113 octane, is a great way to get your octane level higher. It’s the double-shot latte of the gasoline blend.
Drive a Volt and you’ll never go back
14 dollars and 81 cents.
That’s how much I’ve spent on gasoline since I leased a 2016 Chevy Volt near the end of November. Read more →
Oil rout to spark U.S. ethanol consolidation, producer says
The cheapest crude oil prices in 12 years could spark a wave of ethanol industry mergers in 2016, Green Plains Inc., a producer of the biofuel, says.
Hofmeister: U.S. must not be victimized by ‘contrived’ oil market
The global oil trade is a “contrived market” not subject to the usual laws of supply and demand, and the United States has an “absolute requirement” to use alternatives if it hopes to wean itself off imported oil, former Shell Oil president John Hofmeister said during the keynote speech at the National Ethanol Conference. Read more →
Iran says it shipped first oil shipments to Europe since reaching nuclear deal
Iran says it has exported its first crude oil shipment to Europe since it reached a landmark nuclear deal with world powers, the official IRNA news agency reported.
