Skip to main content

Energy Tomorrow Blog

Understanding the Benefits of Trade

trade  exports  crude oil demand  lng exports  access  job creation 

Mark Green

Mark Green
Posted December 26, 2013

Though there are compelling, Economics 101-type reasons the U.S. should lift its dated ban on crude oil exports and help clear the way for the export of U.S. liquefied natural gas (LNG), opponents of both continue to misunderstand the way global energy markets work – as well as the significant benefits accruing to the United States from free trade.

You’ve probably heard the rhetoric: Keep American oil and natural gas locked up here at home for U.S. consumers.

This misses the essential fact that crude oil is traded (and priced) globally, and that limiting LNG exports will only limit U.S. participation in an important, developing market – while effectively denying our country the infusion of overseas wealth in exchange for valuable American commodities.

More »

The Price of Fuel and Ill-Conceived Policies

crude oil  department of the interior  diesel  diesel fuel  domestic energy  energy policy  fuel  fuel prices  gas prices  gasoline  gasoline prices  gulf of mexico  moratorium  offshore drilling moratorium  oil demand  prices  ulsd  ultra-low sulfur diesel 

Jane Van Ryan

Jane Van Ryan
Posted December 30, 2010

Gasoline prices rose to their highest level in the past two years yesterday. According to AAA, the average price of gasoline climbed one penny Dec. 29 to $3.071 per gallon. This is the highest level since October 15, 2008, when the average price of gasoline reached $3.084. 

More »

Higher Oil Demand Signals Economic Recovery

crude oil  diesel  distribution  domestic energy  fuel  gasoline  oil demand  refineries  ulsd  diesel vehicles  fuel demand  ultra-low sulfer diesel 

Jane Van Ryan

Jane Van Ryan
Posted December 17, 2010

"Stronger fuel demand tells us a recovery is underway." Those are the words of API's Chief Economist John Felmy today, describing the good news in API's Monthly Statistical Report for November. The report shows that U.S. petroleum deliveries (a measure of demand) climbed 6.5 percent last month over November 2009. The increase was the largest year-to-year increase for any month in 2010. 

More »

Crude Oil Prices at Two-Year High

crude oil  energy demand  energy prices  gas prices  gasoline prices  oil demand  oil prices  prices 

Jane Van Ryan

Jane Van Ryan
Posted December 6, 2010

Crude oil prices reached a two-year high on Friday. At the end of the trading day, it closed at $89.19 per barrel, up nearly 21 cents a gallon since November 17. 

More »

Pump Price Update

crude oil  crude oil demand  crude oil prices  economic growth  eia  energy information administration  energy prices  gasoline  gasoline prices  global demand  iea  international energy agency  oil demand  oil prices  prices 

Jane Van Ryan

Jane Van Ryan
Posted November 3, 2010

Are you planning a trip during the upcoming Thanksgiving Day holiday? For those of us in the Washington, D.C. area, the Wednesday before Thanksgiving is the single busiest day on surrounding highways during the entire year. 

More »

Diesel Fuel Demand Up

crude oil  diesel  diesel fuel  economic recovery  gasoline  oil demand  consumer confidence  crude oil supplies  jet fuel 

Jane Van Ryan

Jane Van Ryan
Posted October 15, 2010

API Chief Economist John Felmy told reporters this morning that there is glimmer of hope that the economy might be improving. API's Monthly Statistical Report for September shows that U.S. demand for oil products grew last month, foreshadowing a shift from economic stagnation to recovery. 

More »

The Peak Oil Dilemma

deepwater drilling moratorium  deepwater moratorium  department of defense  department of defense  domestic energy  energy  energy demand  energy policy  energy taxes  moratorium  oil and natural gas  oil demand  oil prices  oil supplies  peak oil  shallow-water drilling  oil supply 

Jane Van Ryan

Jane Van Ryan
Posted October 8, 2010

Few issues are as complicated and perplexing as Peak Oil. The study of this concept crosses into several disciplines--geology, sociology, engineering, and physics to name a few--and each is able to address only a part of the global dilemma that could be caused by rapidly dwindling oil supplies. 

More »

"Oil Addict" or Intelligent Consumer?

domestic energy  energy demand  energy reality  natural gas  oil demand  rhetoric vs reality  oil products  oil 

Jane Van Ryan

Jane Van Ryan
Posted July 29, 2010

Last week, I read a very interesting and thoughtful blog post by Michael Lynch of MasterResource that discusses the concept of and rhetoric behind "oil addiction."

More »

Gasoline Demand Slips

crude oil  demand  domestic energy  domestic petroleum deliveries  gasoline  gasoline demand  oil  oil demand  prices  crude oil production  gasoline deliveries 

Jane Van Ryan

Jane Van Ryan
Posted July 23, 2010

Gasoline demand fell for the first six months of 2010, API reported today. According to the Monthly Statistical Report, U.S. gasoline deliveries (a key indicator of demand) averaged 8.88 million barrels per day, 0.6 percent lower than in the same period in 2009. 

More »

Gasoline Prices Track Crude Oil Costs

crude oil prices  domestic energy  energy information administration  gasoline prices  oil demand  oil supply  prices 

Jane Van Ryan

Jane Van Ryan
Posted March 11, 2010

The average U.S. retail price for regular gasoline rose by 4.9 cents to $2.751 per gallon for the week ending March 8, according to the Energy Information Administration (EIA). This average price is higher than one year ago when the average pump price was 81 cents lower and crude oil costs were 88.9 cents a gallon lower.

More »