Implicit in the previous post on the recovery of gasoline demand is that the conditions are setting up for a gasoline supply crunch - and the price rise that goes along with that. As I pointed out, refiners are cut back, but they can turn that around pretty quickly. ...
I have been so preoccupied lately, that I have barely noticed that there is a potentially very dangerous hurricane moving into the Gulf of Mexico. Furthermore, Tropical Storm Hanna is not far behind. Here are a couple of graphics I picked up from The Oil Drum, which in my ...
It hasn't gotten all that much media coverage yet, but it is looking more and more like Mexico has taken a Katrina-sized hit that has devastated Tabasco. I had to go to The Irish Times for this:Government offers aid to MexicoA week of heavy rains ...
I will have a new post up in a day or so (working with Vinod Khosla on something, and then I will finish that bio-butanol post), but until I get that finished, I will recycle this one (from 5/4/06) that details my views on Peak Oil.-------------------Perhaps ...
The weekly EIA report was released this morning:Summary of Weekly Petroleum Data for the Week Ending November 17, 2006Some excerpts:U.S. crude oil refinery inputs averaged 15.0 million barrels per day during the week ending November 17, up 60,000 barrels per day from the ...
I saw a familiar name today in a news article, which I will get to in a bit. I was reading an article from the Sacramento Bee that said that gas prices may have bottomed out. (I won’t link to the article, since it requires registration). I have been saying ...
I have an essay on conservation ready to go, with some discussion of how Europe deals with high gas prices. However, a couple of newsworthy items are worth commenting on. The Oil Drum beat me to the punch on Chuck Schumer's grandstanding, but another article caught my eye ...
There was a letter to the editor this week in the Billings Gazette entitled There's no good reason for such high gas prices (1). Ironically, the letter came from Wyoming, which at the time had the 2nd lowest gasoline prices in the country. It is a pretty good lesson ...
There was a story today in the Detroit Free Press on rising gasoline prices (1). Two items caught my attention:"We've seen a dramatic increase in gasoline prices," said Mark Routt, a senior consultant with Energy Security Analysis Inc. in Wakefield, Mass. "Why? The bulk of it is due ...