Crude Oil

U.S. oil production continues to grow

U.S. oil production, including crude oil and lease condensate, has grown steadily since 2008, a change from the two decades of declines before 2008. FULL STORY »

Gasoline, diesel fuel prices decrease for a 2nd consecutive week

The U.S. average retail price of regular gasoline decreased two cents last week to $3.80 per gallon, 37 cents per gallon higher than last year at this time. FULL STORY »

Gas and diesel fuel prices fall for the first time in 12 weeks

The U.S. average retail price of regular gasoline decreased five cents last week to $3.83 per gallon, 32 cents per gallon higher than last year at this time. FULL STORY »

The impact of U.S. crude oil production on crude imports

Increased production of U.S. domestic crude oil, particularly light sweet crude from tight oil formations in Texas and North Dakota, has been replacing imports of foreign light crude oil processed by U.S. Gulf Coast refineries. FULL STORY »

Crude oil market volatility

There are two commonly referenced measures of market price uncertainty: historical volatility and implied volatility. FULL STORY »

Gasoline and diesel fuel prices increase again

The U.S. average retail price of regular gasoline increased about three cents last week to $3.88 per gallon, 28 cents per gallon higher than last year at this time. FULL STORY »

Brent-WTI differential to narrow

The differential between the spot prices of Brent and West Texas Intermediate (WTI) crude oils, referred to as the Brent-WTI spread, averaged $19 per barrel in August 2012. FULL STORY »

Gasoline and diesel fuel prices increase again

The U.S. average retail price of regular gasoline increased less than a penny to $3.85 per gallon, 19 cents per gallon higher than last year at this time. FULL STORY »

What is driving U.S. gasoline consumption?

The Labor Day holiday marks the end of the peak driving season in the United States and provides an opportunity to review year-to-date gasoline consumption. FULL STORY »

Gasoline, diesel fuel prices increase for 9th consecutive week

The U.S. average retail price of regular gasoline increased seven cents this week to $3.84 per gallon, 17 cents per gallon higher than last year at this time. FULL STORY »

Hurricane Isaac's Impact Seen in Latest Weekly Data

The impact of Hurricane Isaac on the U.S. petroleum industry is easily detectable in the weekly petroleum supply data for the week ending August 31, released earlier today. FULL STORY »

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Combining power steering with diesel power, durability and toughness, the 30 MPH, 22.8 HP John Deere Gator XUV855D features updates that enhance ... Read More

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