The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

hurricane-response  gasoline-supply  refineries  florida  texas 

Mark Green

Mark Green
Posted September 18, 2017

Much of the energy-related news from hurricane-recovery areas of Texas and Florida continues to be encouraging. Shell said it was restarting its Deer Park refinery in the Houston area that was shut down three weeks ago with the approach of Hurricane Harvey. ExxonMobil said it could start most of the production units at its Beaumont, Texas, refinery later this week. In Florida, Gov. Rick Scott said pre-Hurricane Irma preparations and a concentrated focus on refueling the state’s communities have shown progress.

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florida  gasoline-demand  gasoline-supply  hurricane-harvey  hurricane-irma  hurricane-response  refineries  retail-price 

Mark Green

Mark Green
Posted September 8, 2017

With Hurricane Irma threatening Florida, here are three things you need to know related to claims of fuel price gouging:

1. Industry Does Not Condone Price Gouging
2. Gasoline Stations are largely owned by mom-and-pop retailers
3. Supply and Demand Influences Prices

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hurricane-response  consumers  gasoline-supply  refineries  hurricane-harvey  oil-supply 

Mark Green

Mark Green
Posted September 6, 2017

The U.S. Energy Information Administration (EIA) reports on rising gasoline prices in the wake of Hurricane Harvey and notes that the storm’s impact on prices is similar to the big hurricanes of 2005, Katrina and Rita. … EIA’s report underscores a number of points we’ve been making about the oil supply chain, of which the Texas-Louisiana region is part – especially the section of that chain that shows the path of refined products from refineries to retail outlets – and the need for patience as processes come back online.

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hurricane-response  hurricane-harvey  gasoline-supply  consumers  refineries 

Mark Green

Mark Green
Posted September 5, 2017

Before then-Hurricane Harvey first made landfall, we discussed how mega-weather events historically have impacted the regional/national oil supply chain and supply levels in the marketplace. The uncertain path of Hurricane Irma will drive continued conversation about storm effects on refineries and other energy infrastructure and the potential for market impacts around the country. That’s the context for some basics about the fuel marketplace and the processes that bring finished consumer products from refineries to retail outlets.

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environmental-protection-agency  renewable-fuel-standard  ethanol  e8534  e1534  blend-wall  refinieries  gasoline-supply  biofuels 

Mark Green

Mark Green
Posted October 20, 2014

Update: EPA waves white flag on 2014 RFS requirements

Interesting Reuters piece last week on the Renewable Fuel Standard (RFS) and very tardy 2014 ethanol-use requirements, now more than 10 months overdue from EPA. Reuters reports:

The Obama administration is trying to balance its support for renewable fuels with awareness of infrastructure constraints at gas stations as it finalizes targets for 2014 biofuel use, agency officials said on Tuesday. But with only 11 weeks left in the year, the administration also needs to weigh oil refiners' ability to comply with the long-delayed requirements, one official told the Reuters Global Climate Change Summit.

The article goes on to quote Janet McCabe, who leads EPA’s division overseeing the biofuels program:

(McCabe) acknowledged that delays in setting the targets, formally called the Renewable Fuel Standard (RFS), should be taken into account. "We need to be mindful of where we are in the year," McCabe said …

Reuters reports that EPA had proposed lowering ethanol mandates for 2014 because the U.S. was on a collision course with the 10 percent blend wall – the point where RFS mandates will require ethanol to be blended into gasoline at levels higher than the 10 percent fuel (E10) for which most of today’s vehicles were designed.

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api-monthly-statistics-report  crude-oil  crude-oil-production  gasoline-prices  gasoline-production  prices  refineries  baker-hughes  baker-hughes-rig-count  gasoline-supply 

Jane Van Ryan

Jane Van Ryan
Posted April 16, 2010

U.S. refineries produced more gasoline in March --9.3 million barrels a day--than in any month since API began keeping records. Furthermore, March gasoline deliveries (a key measure of gasoline demand) were higher than in any previous March.

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