February Market Update Summary • Tariffs, Feedstock Alternative, and Canadian Crude • OPEC Update • Presidential Priorities, Ethanol, and RVP Tariffs, Substitution, and Canadian Crude The new presidential administration is shaking up the normal routine for oil refiners in the Midwest, as President Trump plans to institute tariffs on Canadian crude coming into the nation. These tariffs […]
Read MoreJanuary “Fueling Intelligence: 2024 in Review”
Market Update – 2024 Review Summary • 2024 Market Overview• Geopolitical risk• Refinery Operations• OPEC Production 2024 Market Overview In 2024, U.S. retail gasoline prices averaged about 20 cents less than in 2023. The U.S. retail price for regular grade gasoline averaged $3.30 per gallon (gal) in 2024, $0.21/gal less than in 2023. Lower crude oil […]
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