This week saw a steep selloff in oil markets, bringing crude prices below $100/bbl for the first time since May. At the same time, fuel prices slid 15-20 cents per gallon from last week’s levels. https://t.co/xBLZezg38x
Recession fears are mounting – but at least one analyst thinks that current sentiment might be an “echo” from the 2020 downturn rather than foreshadowing an impending collapse. https://t.co/TbXo8EHneF
It’s not too late, bid on items today and donate! Visit the Mansfield Cares Golf Class charity auction at https://t.co/wXPLjov9t3 and help us Swing for $1 million.
This morning oil prices are up slightly following the continued reaction to the Russian oil ban as well as China ending its Shanghai COVID-19 lockdowns. https://t.co/xnv1ZqIkvd
Daylan Anderson, intern for Facilities (Gainesville office) graduated last week from North Georgia Technical College with his Associate's Degree. Congratulations!
The past 3 months have seen the SPR fall faster than ever, so it’s worth digging deeper to understand where that oil came from, where it’s located, and how much is left.
Last week Matthew Peck, Mike Schonwetter, and Noah Young had the opportunity to attend the Advanced Clean Transportation (ACT) Expo in Long Beach, California. Throughout the week, they gained insight into the expansive technology that the industry is introducing.
This morning the EIA reported a meager 1.2-MMbbl build for diesel inventories – a small victory given historically low diesel inventories. https://t.co/wSTWoKJ9VE
This morning oil hit a seven-week high as ongoing disruption in the East continues with the European Union’s push for a complete ban on Russian oil.
https://t.co/hI9XPrnsZd
Today’s FUELSNews commentary comes from Mansfield Supply SVP Andy Milton, writing about this week’s continued trend of falling US fuel inventories.
https://t.co/5zeKDLRSIz
Several years ago, a branch of the United Nations passed an environmental regulation requiring marine vessels to reduce their sulfur emissions. https://t.co/MKCwzMkQLG
After a wild week that saw diesel prices skyrocket above $5/gal for the first time ever, markets are cooling off a bit this morning.
https://t.co/nlSlsJSAo7