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Posts Tagged ‘PADD1’

0 Mar 28 2014 @ 10:52am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

Darn you, Groundhog…

Even though flipping a coin has better forecasting skills than the dastardly groundhog, Punxsutawney Phil has unfortunately been on the money for this winter.  Despite April on deck next week there is still snow on the ground (in more places than there should be), while our dearly beloved energy commodities have seen rampant demand, receding inventories, and rocketing prices. Henceforth are seven such examples:

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2 Feb 28 2014 @ 11:49am by Matt Smith in Crude Oil

A Bumpy Ride For Jet Fuel

2014 thus far has been more turbulent than usual for the US crude complex, as wickedly wintry weather has shaken up both supply and demand for the products like a snow globe (probably a bad turn of phrase). Just as gasoline demand has hit the brakes and heating oil demand has been simmering, the jet fuel market has experienced a bumpy ride. » read more