Fuel Matters Blog

The LNG U-Turn

Liquified Natural Gas (LNG) ships that were headed for Asia rerouted yesterday to Europe as they are facing a winter shortage of natural gas from Russia. European consumers are willing to pay a large premium as prices across the region surge to new peaks.

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Blue Skies Ahead for Crude Oil?

Crude oil prices have been on a tumultuous ride for the past month, but is the worst behind us? We first learned of the Omicron variant in South Africa on Thanksgiving Day, and when financial markets re-opened on black Friday, the oil patch was terrified. As you can see in the chart above, WTI crude […]

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A new EPA standard

On Monday, December 20th, President Joe Biden committed to raising the average fuel mileage on new vehicles to 40 MPG in passenger cars and light duty trucks.  EPA standards will be improved upon annually until the 40 MPG target is achieved in the year 2026.   The most recent target was 32 MPG, set by the […]

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Omicron Fears Send Oil Prices Tumbling

A sharp rise in global Omicron variant cases has sent oil prices tumbling.  At the time of this writing, WTI crude is trading at $66.77, down $4.09 for the day.  The United States hasn’t committed to new lockdowns; however, many other countries are implementing new policies that will certainly lead to demand destruction.

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Half of US Pipelines Empty

Overall pipeline capacity utilization in the United States stands at 50 percent. In early 2020 before the pandemic, capacity utilization ranged between 60-70%. According to Reuters, oil and gas shippers often find themselves building pipelines amid a production boom only to find there is too much capacity when downturns occur. Numerous pipelines were built in […]

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Gearing Up for Holiday Travel

The AAA holiday travel forecast for 2021 is in and it looks much different from last year. Many family get-togethers and getaways were cancelled in 2020 due to the pandemic and this year travel is expected to increase by 34%. According to Newsroom, more than 109 million people will travel 50 miles or more as […]

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Preparing Your Fleet for Winter? Start Early

Winter is a beautiful time of year, but it can also be a dangerous one, especially in the logistics industry. Fuel suppliers and their fleets face unique challenges in the winter season, whether it be an unexpected snowstorm or below-freezing temperatures. In order to continue serving clients well into the winter months, it’s important to […]

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Winter Driving Season Forecast: Delays Likely

Each year, as we prepare for the winter driving season, it is typical that we warn our customers delays are likely to occur.  We often suggest wider timeframes, flexibility on delivery dates, and ordering in advance if a winter storm is being predicted.  While companies and drivers can prepare for the winter by getting their […]

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