Monthly Archives: April 2011

CHICAGO CBOB PRICES RALLY

CHICAGO CBOB PRICES RALLY MORE THAN 17.75CTS ON REFINER BUYING; UNL FOLLOWS 4/29/2011 2:52:09 PM Chicago spot CBOB (sub-octane) cash differentials rallied 15cts Friday afternoon on increased demand from a major refiner, market sources said. Cycle 1 CBOB traded recently … Continue reading

Posted in Energy, Gasoline, Diesel, and Avaiation | Leave a comment

VALERO TEMPORARILY HALTS GAS, DIESEL SALES TO UNBRANDED CUSTOMERS

VALERO TEMPORARILY HALTS GAS, DIESEL SALES TO UNBRANDED CUSTOMERS AT PADUCAH 4/29/2011 2:15:41 PM Valero has cut off unbranded gasoline and diesel customers at the TransMontaigne terminal in Paducah, Ky., according to an April 27 notice. The supplier said it … Continue reading

Posted in Energy, Gasoline, Diesel, and Avaiation | Leave a comment

RBOB NYMEX OPEN INTEREST DECLINES….

NYMEX OPEN INTEREST DECLINES, BUT OBSERVERS STILL WORRY ABOUT MAY DELIVERY 4/29/2011 1:23:55 PM Most companies with paper positions in May RBOB futures got out of their holdings yesterday, by either selling outright or rolling positions into some forward months. … Continue reading

Posted in Energy, Gasoline, Diesel, and Avaiation | Leave a comment

Secretary Vilsack Talks about “Building the Clean Energy Economy with Equity” at Environmental Justice Conference

Building a clean energy economy with equity was the topic of this year’s “The State of Environmental Justice in America” conference held this week in Washington.
In opening remarks on Thursday, Vice Admiral Melvin Williams Jr. (retired), associate deputy secretary, U.S. Department of Energy, said that the key to a new energy economy can be summed […] Continue reading

Posted in Economic Indicators, Energy, Livestock, Syndicated Posts | Tagged , , , , | Comments Off on Secretary Vilsack Talks about “Building the Clean Energy Economy with Equity” at Environmental Justice Conference

Bill Would Ban Sale Of Corn-Based Ethanol

NEW HAMPSHIRE BILL WOULD BAN SALE OF CORN-BASED ETHANOL 4/29/2011 9:43:59 AM A bill moving through the New Hampshire state legislature would ban the sale  of corn-based ethanol. HB 374, by state Rep. David Campbell (D), would prohibit the sale … Continue reading

Posted in Agriculture, Gasoline, Diesel, and Avaiation, Grains | Leave a comment

Retail Gasoline Hits $4.05 Today

4/29/2011 6:28:45 AM NYMEX/GLOBEX PREVIEW . . . The price of a gallon of regular gasoline in Ohio today reached an average of $4.05/gal. Ohio is one of nearly a dozen states that sport $4/gal marquee prices. Today’s Ohio averages … Continue reading

Posted in Breaking News, Energy, Gasoline, Diesel, and Avaiation | Leave a comment

Unleaded & USLD Nearing 2011 Highs This Morning

GULF COAST UNL RALLY RESUMES, REACHES FRESH HIGHS; ULSD NEARING 2011 HIGHS 4/29/2011 9:56:19 AM The U.S. Gulf Coast gasoline market continued to rally fiercely Friday morning, and jobbers can prepare to see sweeping gains in rack prices today and … Continue reading

Posted in Breaking News, Energy, Gasoline, Diesel, and Avaiation | Leave a comment

DOMESTIC OIL PRODUCTION REVERSES DECADE-LONG DECLINE

DOMESTIC OIL PRODUCTION REVERSES DECADE-LONG DECLINE 4/29/2011 10:15:44 AM A study released this week by the U.S. Energy Information Administration notes that domestic oil production in the U.S. increased in 2010 for the second year in a row. This is … Continue reading

Posted in Daily Dispatch, Energy, Oil and Gas | Leave a comment

MIDWEST PRODUCTS TREND HIGHER WITH NYMEX

4/29/2011 10:25:54 AM MIDWEST PRODUCTS TREND HIGHER WITH NYMEX; CASH BASIS STEADY Midwest refined product cash prices strengthened across the barrel Friday morning, ticking higher with the futures market while spot activity was fairly quite. Group 3 conventional unleaded prices … Continue reading

Posted in Gasoline, Diesel, and Avaiation | Leave a comment

BP Commodity Trading Advisors Weekly Energy Recap

MARKET OUTLOOK With crude hitting $112.00 and retail gasoline approaching $4.00, consumers are increasingly worried about their fuels use. They are not the only ones. We hear significant market rhetoric from producers about shifting away from crude oil and towards … Continue reading

Posted in Daily Dispatch, Daily Market News, Gasoline, Diesel, and Avaiation | Leave a comment