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ADDITIONAL INSIGHT
News
Economics 101 – Supply and Demand (AKA: Don’t Blame “Big Oil”)
April 5, 2022
Three major issues have dominated media coverage lately associated with an “existential threat” to humanity: the Covid-19 pandemic, climate change, and the war in Ukraine. Medical science seems to have kept up with the rapidly evolving Covid virus and offers visible hopes for defeating or at least containing it. Some activists see climate change as...
Policy
The Convoluted Logic of the U.S. Postal Service
March 26, 2022
Recently, the U.S. Postal Service (USPS) announced its decision to phase out the current fleet of 30-year-old Grumman postal trucks, replacing as many as 165,000 vehicles with Oshkosh Defense trucks – a contract valued at $11.3 billion over 10 years. While no one would argue the current fleet of dilapidated delivery trucks need replacing,...
News
The tragedy in the Ukraine
March 22, 2022
March 11, 2022 by Charles Daly, Channoil Energy History of the Soviet Pipelines To understand the energy dynamics of today’s war in Ukraine, it is necessary to visit the history of the pipeline systems that were built during the Soviet period and within the Warsaw Pact countries. Firstly, most of the production of oil...
Policy
California Gas Prices Blow Through Five Dollars
March 9, 2022
While the national average for regular gasoline today, March 9th, is $4.25 per gallon, California’s average price is much higher at $5.57 per gallon according to AAA. Just last week, California’s average unleaded regular gasoline price exceed $5 per gallon for the first time ever. While a good portion of the increase in gasoline prices...
Policy
What happens with a ban on Russian oil imports?
March 8, 2022
Oil is in the news in a big way with the Russian invasion of Ukraine. Until this week, most people didn’t know that the U.S. is an importer of Russian oil. This article will look at U.S. imports in 2021 and put the volumes into context relative to the larger market. Crude Oil Imports ...
News
It gets worse: Pipeline outage in SoCal could cause supply disruptions and push fuel prices even higher!
March 3, 2022
UPDATE March 4, 2022 @ 8:00 AM: Situation averted. Per OPIS, Kinder Morgan restarted segments of its SFPP pipeline Thursday evening following unplanned maintenance work at the company’s Watson station that had shut down the pipeline on Wednesday. ——- Gas prices are already sky-high in California thanks to the state’s complex market, unique gasoline specifications,...
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