As diesel and gasoline prices climb faster than the price of crude, a drop in U.S. refining capacity is seen as a key factor in the explosion in diesel levels.
Hurricane Ida made landfall near Port Fourchon, Louisiana, as a Category 4 hurricane on Aug. 29
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Kayla Matthews writes about the changes coming to the shipping and logistics industry as IMO 2020 takes effect in less than six weeks.
IMO 2020-driven refining activity and tanker demand appears to be materializing slower than previously expected.
In the wake of Hurricane Barry, Brian Aoaeh writes about the disruption to supply chains that hurricanes and flooding can do. In particular, the state of Louisiana and its ports are critical to the U.S. agriculture and energy industries.
When a spread like that between gasoline and diesel come in this far and this fast, it can’t go on forever.
Stepping into the system is expected by this economist to be Donald Trump, using emergency powers to halt exports of diesel fuel
As late as last month, Maersk leadership insisted that scrubbers were not a solution for the new fuel regulations imposed by the International Maritime Organization beginning in 2020, but now they’ve admitted they will install scrubbers on some vessels.
A united retail fuel industry thanked EPA and the Trump administration for hearing and responding to their concerns and proposing renewable fuel obligations.
New IMO regulations asking for the shipping industry to cap the sulfur content in its fuel to 0.5% would have far reaching consequences on crude oil refining and potentially send oil prices to $90 per barrel.
