Crude Oil

U.S. refineries are running at high levels

Crude runs at U.S. refineries have increased steadily since early March to reach some of the highest levels on record. FULL STORY »

U.S. crude oil increasingly moves by barge, truck and rail

The U.S. Energy Information Administration (EIA) recently released its annual data series tracking how crude oil reaches the refinery gate. Not surprisingly, the 2012 data show heightened reliance on crude receipts via barge, truck and rail. FULL STORY »

A look at U.S. gasoline markets

"Location, location, location" is a well-known mantra in the real estate industry. The same can be said about gasoline prices as well. FULL STORY »

U.S. refinery capacity higher in 2012, start of 2013

As of January 1, 2013, the United States had 139 operating refineries and 4 idle refineries with total atmospheric crude oil distillation capacity of 17.8 million barrels per calendar day (bbl/d), an increase of 501,000 bbl/d from January 1, 2012. FULL STORY »

Crude oil expected to peak and cost of electricity to go down

After increasing to $119 per barrel in early February 2013, the Brent crude oil spot price fell to a low of $97 per barrel in mid-April and then recovered to an average of $103 per barrel in May. EIA expects that the Brent crude oil spot price will average $102 per barrel over the second half of 2013, and $100 per barrel in 2014. FULL STORY »

E. Canadian refineries increasing use of U.S.-sourced crude oil

Canadian refineries, like those in the United States, are working to increase their use of growing production of crude oil from Texas and North Dakota. FULL STORY »

Midwest gasoline prices: some relief in sight

Gasoline prices throughout the Midwest, also known as Petroleum Administration for Defense District (PADD) 2, have been trending sharply higher since mid-April. FULL STORY »

Gasoline and diesel fuel prices increase again

The U.S. average retail price of regular gasoline increased seven cents for the second consecutive week, to $3.67 per gallon as of May 20, 2013, down four cents from last year at this time. FULL STORY »

Domestic ethanol production starts to grow again

After seeing their team repeatedly suffer heartbreaking playoff losses, Washington Capitals fans were hoping that this year would be different. FULL STORY »

Mexico-U.S. petroleum trade

Mexico is a net exporter of oil by the broadest measure that encompasses both crude oil and petroleum products. FULL STORY »

Absorbing increases in U.S. crude oil production

U.S. crude oil production has been rising in recent years following a decline from 9 million barrels per day (bbl/d) in 1985 to 5 million bbl/d in 2008. FULL STORY »

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