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Shocking Note about Oil and Where it Could Go. $

This isn’t one of the shock figures of $10 a barrel based on whims and gut feelings or the prediction that it could shoot up to $150 a barrel, but…

Southern California Refinery Explosion to Impact California Gasoline Prices.

We just wanted to make sure you had the bare facts on the refinery explosion in Southern California. The refinery was in Torrance, California and belonged to ExxonMobil. It processed…

EIA Inventory Figures Show Significant Build in Crude Oil. $

We want to try something on this week’s crude inventory report. We pulled the actual data from the EIA to give you an idea of what the real crude oil…

Gasoline Prices Increase, Diesel Less Active. $

If you watch your fuel surcharges on shipments, you might start to see them creep back up a little bit – but the good news is that they should be…

What are we Missing Regarding the Drilling Productivity Report $

It wouldn’t be a stretch to say that the world is focused on the US and whether the petroleum sector here is pulling production or not. After all, the global…

Worse than a Basketball, Oil Bouncing $

We are basically throwing a chart at you…oil was back up today by 4.5% after falling nearly 8% yesterday and climbing by about 7% the day before. A slightly weaker…

Fickle Consumers and Gas Prices $

Fickle Consumers and Gas Prices   It struck me this week as a few colleagues of mine asked what I thought of rising gasoline prices. What? Rising gasoline prices?…

Oil Reverses Course, Brent and WTI Spread Lowest in Years $

Oil Reverses Course, Brent and WTI Spread Lowest in Years  $

There isn’t a lot news here, but crude had been inching back up for the past two days as a result of a weaker dollar. But, today, we saw nearly…

Crude Oil Break-Even, the Critical Moving Target $

Crude Oil Break-Even, the Critical Moving Target  $

There was an interesting interview on CNBC today that some of you may have caught. In it, an analyst known for being spot on with crude oil predictions and analysis…

AAR Report Shows Little Slowdown in US Petroleum Production $

AAR Report Shows Little Slowdown in US Petroleum Production  $

If you want to see whether real time crude oil production is being cut, why not go to the sector that actually moves the stuff? The Association of American Railroads…

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