by Charles Hugh-Smith Regardless of what happens with vaccines and Covid-19, debt and energy–inextricably bound as debt funds consumption– will destabilize the global economy in a self-reinforcing feedback. Back in
By Irina Slav Oil prices fell slightly on Wednesday morning after the Energy Information Administration reported a moderate 800,000-barrel increase in crude oil inventories for the week to November 13, a day
By Charles Kennedy The UK government will ban sales of gasoline and diesel cars from 2030, the BBC reported, citing Prime Minister Boris Johnson. The move is part of what Johnson
By Tsvetana Paraskova Sluggish fuel demand and low travel demand because of the pandemic are keeping U.S. gasoline prices ahead of Labor Day weekend at their lowest level since 2004,
Just speechless right now……. pic.twitter.com/nFyLOrWxwu — IDTH (@IDTH11) August 26, 2020 Much of the country’s refinery capacity is concentrated along the Gulf Coast www.eia.gov/todayinenergy/detail.php?id=7170 Of the more than 17.3
It started in mid-February for jet fuel and in mid-March for gasoline. By Wolf Richter for WOLF STREET. Oil companies are reporting financial fiascos every day: Today Exxon reported its first quarterly loss
by J.G. Martinez via The Organic Prepper The Fuel Shortage in Venezuela Will Lead to Starvation Dear readers, those who already know me are aware I used to write about confirmed facts we
by Steve St Angelo of SRSrocco Report Unfortunately, for the already vulnerable U.S. Energy Market, the worst is still yet to come. As one energy analyst forecasted, we may see a negative $100
By Tsvetana Paraskova Consumption of petroleum products in the world’s top oil consumer, the United States, has fallen to its lowest level in decades, as lockdowns restrict travel and the
(Bloomberg) — In Fargo, North Dakota, cheap fuel has never been so unwelcome. The Midwestern city is so awash in gasoline, the fuel last week sold for a record 12
Gasoline prices in the US continue to move lower, $1.86 per gallon on average vs. $2.82 a year ago. pic.twitter.com/EcHeesLYRW — Charlie Bilello (@charliebilello) April 13, 2020
By Irina Slav Demand for gasoline in the United States fell by 859,000 bpd, the Energy Information Administration (EIA) said in its weekly petroleum status report. According to Reuters, this is
Gallon of regular gas now as low as $0.99 in Oklahoma! Took a screenshot imgur.com/f2d60f6d-13be-42d8-805e-b9dd08f0249c Prices from gas buddy Link to site www.gasbuddy.com/GasPrices/Oklahoma Just think you can go to a
Any liberals complaining? www.gasbuddy.com/GasPriceMap?z=4&lng=-96.591588 Is this had not happened, gas would be below $1.50 in many places. Most States Have Raised Gas Taxes in Recent Years itep.org/most-states-have-raised-gas-taxes-in-recent-years-0419/ Gas Taxes Rise
By JLC China recorded a year-on-year decline in its gasoline production in June 2019, the first time so far this year, which has also been rarely seen over past years. The
By ZeroHedge Today, gasoline taxes are rising in a dozen U.S. states.The following infographic shows where gasoline taxes are going up today and it’s based on data from the Institute on Taxation and