Author Archives for jloomis

How much “Ethanol Free” gasoline is out there?

November 16, 2016 3:18 am Published by Leave your thoughts

November 15, 2016 By David Hackett The Federal Renewable Fuel Standard (RFS) requires increasingly high levels of renewable fuels to be blended into transportation fuel. Ethanol provides the largest share of the renewable fuel pool so that nearly all of the gasoline sold in the U.S. is 10% ethanol. With this volume it would be...
Read More

Aging Pipelines Raise Concerns

November 11, 2016 6:23 pm Published by Leave your thoughts

November 2, 2016 Alison Sider and Nicole Friedman, The Wall Street Journal More than 60% of U.S. fuel pipelines were built before 1970, according to federal figures. Recent disruptions on Colonial Pipeline Co.’s fuel artery running up the East Coast show why some energy observers worry that this is a problem. The pipeline, which began...
Read More

The Oil Outlook for 2016

February 18, 2016 12:20 am Published by Leave your thoughts

February 9, 2016 David Hackett About a year ago we wrote in this space that oil prices would continue to go down. We suggested that $35 was possible for a bottom for West Texas Intermediate price, but thought it would hold around $50 or $60 per barrel. (WTI closed on February 9 at $28.39, down...
Read More

Oil train plans hit roadblocks in California

February 18, 2016 12:12 am Published by Leave your thoughts

February 12, 2016 Tony Bizjak, The Sacramento Bee Two years ago, it appeared that milelong trains carrying crude oil to refineries would soon be a regular feature on the California landscape – including several a day rumbling through Sacramento. Now, amid safety concerns, the state’s two highest-profile crude-by-rail project proposals, one in the north and...
Read More

Why California gasoline is so expensive

February 17, 2016 8:17 pm Published by Leave your thoughts

Feb. 3, 2016 Dan McSwain, The San Diego Union-Tribune Although oil markets are bankrupting producers and draining government coffers from Moscow to Riyadh, plummeting costs are filling the pockets of ordinary consumers this year, right? Um, wrong, at least in California, where state government helps the refining industry keep gasoline prices aloft for months at...
Read More