Weekly Fuel Report: May 31, 2022
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Las refinerías aumentan su ritmo de funcionamiento; la producción de todos los destilados, incluido el diésel, es la más alta en años
EIA expects summer U.S. real gasoline and diesel prices to be the highest since 2014
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Outright diesel prices in the spot and futures markets are declining, and there are other market indicators suggesting possible relief for the East Coast market.
Los indicadores del mercado del diésel sugieren que la presión de la Costa Este podría estar aliviándose
Record diesel prices are fuelling fears of a recession More expensive fuel means more inflation pressures.
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The key price used for diesel fuel surcharges declined, but the signals on the East Coast diesel squeeze remain.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Skyrocketing diesel prices could affect US-Mexico import rates; South Texas College partners with a carrier to offer CDL training; Logistics Plus opens a 542,000-square-foot warehouse in Arizona; and exports of Mexican tequila soar 32% during the first four months of 2022.
Diesel prices have hit a new high. In a Bloomberg interview, one fuel station owner warned of rationing on the East Coast.
The International Energy Agency’s closely watched monthly report does not see any significant relief for the current tight global oil market, particularly diesel.
Algunos indicadores de precios sugieren un posible alivio a la vista, aunque las estadísticas del gobierno no lo muestran
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Shares of ocean shipping companies have given back much of their 2022 gains after another big sell-off.
The tight diesel market on the East Coast has lifted retail prices in that region far above the rest of the country.
The East Coast diesel market is getting tighter. Prices are rising, particularly for buyers demanding fuel for the fastest delivery time.
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Los precios de la gasolina aumentan casi a diario, apretando las carteras y los bolsillos de casi todos los estadounidenses con vehículo. Sin embargo, por muy mala que sea esta […]
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Diesel futures on the CME commodity exchange soared Monday even as crude prices fell, suggesting that the market is headed into a significant squeeze.
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¿Esperando más petróleo? El secretario general de la OPEP no da señales de que el grupo vaya a añadir oferta
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There are no reports of petroleum export disruptions out of Russian ports.
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Engine manufacturer Cummins eyes pledge to lower CO2 emissions by reworking its engine families to run on natural gas, hydrogen or diesel.
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EIA expects gasoline and diesel prices to fall in 2022
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Suppliers of the vital product report tight supplies but so far appear to have been able to meet their required deliveries.
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Types of vehicles on the road
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Diesel is the most energy-dense transportation fuel
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FreightWaves’ Brian Straight was at the big conference for home delivery in the city of brotherly love.
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Top commodities by weight and value
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Estimated US Average Vehicle Emissions Rates
Why Are Diesel Fuel Prices Higher Than Gasoline Prices?
Bearish factopr: China demand may be slowing. Bullish factor: Still lots of growth the rest of the year, according to Platts.
Also on the podcast: Why a weaker dollar isn’t great news for diesel buyers.
Salvage crews have pumped more than 20,000 gallons of diesel fuel from the still-submerged lift boat.
Also on the podcast, KeyBank’s Fowler talks about what blowout Q1 earnings said about the state of trucking.
The move by Phillips 66 will see the company take a stake in a soybean processing supply chain to ensure it gets enough feedstock for its ambitious renewable diesel strategy.
The optimistic news about a return to normal helped push down commodity diesel and gasoline prices.
The return of the pipeline was being announced just as supplies of diesel were starting to become an issue.
Racetrac, Love’s and Pilot Flying J release list of stations with gasoline and diesel outages due to the Colonial shutdown
A run on gasoline by individual motorists has drained inventories out of the stations and into the tanks.
There were plenty of conditions attached to the pipeline’s statement, but the diesel market is relieved the shutdown won’t last too long.
A glut that might develop in the Houston area can’t easily be transferred without the services of the giant pipeline
The increase marks the first rise since four weeks of declines and one week of status quo.
It was the first time in more than two years that the price was unchanged week to week.
One significant difference from traditional hedging: There is no chance of hedging losses, just upfront fees instead.
Also on this week’s podcast: Conflicting info about the US oil upstream that might actually be in sync.
Also on the podcast: Why retail diesel prices don’t drop as fast as declines in wholesale.
Some data had been suggesting a decline was likely but the survey showed a small upward movement.
Pandemic-driven factors in 2020 had impacts that are not likely to be repeated
Record trucking volumes along with shrinking refinery production could make fuel prices an overlooked threat to carrier margins and shipping costs into 2021.
Beset by poor margins, refiners have announced closures and are expecting a lot more in the not-too-distant future
Drop in stocks relative to demand was the biggest ever in the latest report; demand figures finally seem to be reflecting strong trucking market
Diesel market continues to trend lower after upward movement earlier in the week
Driven by tax breaks, production is rising of the fuel that is a one-to-one substitute for conventional diesel.
Whenever there’s a transaction in the supply chain, there’s an invoice. And a lot of those invoices get processed by US Bank, which has long had a large amount of […]
The U.S. has plenty of diesel in inventory, and jet demand is not likely to snap back until next year, according to Energy Aspects.
Also on this week’s show: the tremendous rise in diesel inventories.