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E85 Pricing Reports Google

Updated: 9/29/07
When I read the following quote, I immediately thought of the recent Business Week article claiming that availability – which they claimed is being hampered by oil companies – is the primary reason E-85 is not taking hold.
I don’t buy E-85 for my flex fuel Ranger even though it is readily available around here [...]

Inventory Management Google

I have been engaged in an e-mail exchange with a journalist overseas who is writing an article on gasoline pricing in the U.S. I don’t want to give anything away, so I won’t be any more specific than that. However, I do want to share a couple of responses that I sent regarding some questions [...]

Off to D.C. for 2009 EIA Energy Conference Google

I will be shortly on a plane to D.C. where I will participate in the Energy Information Administration’s 2009 Energy Conference. I will update as I can via Twitter (RRapier) and possibly on Facebook, but not much from me here for the week.
Here is the opening lineup:
Welcome – Howard Gruenspecht, Acting Administrator, Energy Information Administration
Keynote [...]

Yes He Could Google

Feasible? Yes. Realistic? No.
Do I believe the U.S. can be energy independent? Yes, I believe that with certain draconian measures, the U.S. could achieve energy independence within 10 years. But emphasis must be placed on ‘draconian.’ So yes, I think Barack Obama could make good on his campaign promises and make the United States energy [...]

Doug MacIntyre on CNBC Google

Friend of R-Squared and frequent commenter, Doug MacIntyre from the Energy Information Administration was on CNBC today explaining that demand destruction in the U.S. will be compensated for by increased growth in China. He also said that if we drilled in ANWR, their study showed that it would take 10 years and would only lower [...]

This Week in Petroleum 4-4-07 Google

I don’t think I have ever seen the forecasters miss the estimate this badly. They were forecasting a 300,000 barrel decline in gasoline stocks, and instead got a 5 million barrel decline. For the first time in a long time, inventories are now in the lower half of the normal range.
Summary of Weekly Petroleum Data [...]

This Week in Petroleum 4-11-07 Google

Update:

Gasoline Inventories Are Plummeting
This week’s report highlights:
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.7 million barrels compared to the previous week. At 333.4 million barrels, U.S. crude oil inventories are just above the upper end of the average range for this time of year. Total motor gasoline inventories [...]

This Week in Petroleum 9-19-07 Google

Some surprises in this week’s numbers:
The Energy Department’s Energy Information Administration reported that crude inventories fell by 3.8 million barrels during the week ended Sept. 14, more than double the 1.5 million-barrel decline analysts surveyed by Dow Jones Newswires, on average, had expected. However, crude inventories remain at the upper end of their average range [...]

This Week in Petroleum 9-26-07 Google

Three weeks ago I wrote that I expected gas prices to rise, which is unusual for this time of year:
I predict that prices will continue to rise. I think they have to. I also think we will see the ramifications of present inventory levels for quite some time. On the other hand, we did go [...]

This Week in Petroleum 11-15-06 Google

The weekly inventory report from the Energy Information Administration came out today, and it provided support for my latest essay. You can read the report at: This Week in Petroleum. A quick look at the gasoline inventory graph can tell you that upward pressure on gas prices is imminent:

In my previous essay, I argued that [...]