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How crude-oil prices influence gasoline prices

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Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. Even a cursory look reveals that the relationship between the two sets of prices is not perfect.

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The Next Oil Price Spike May Cripple The Industry

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Two diametrically opposed views dominate the current debate about where the oil price is heading. Based on this, our assessment is that the electrification of transport will only slow down oil demand growth during the 2020s. Why an oil price spike would be bad for the industry. Since (non-U.S.

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Oil Well Strippers Suffering From Low Oil Prices

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With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. percent of the US oil output, so they are a non-trivial source of US production. by Michael McDonald of Oilprice.com.

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EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

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China is the global leader in methanol use and has recently expanded its methanol production capacity. The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016. The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016.

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EIA STEO projects higher US crude production, increases in travel and gasoline demand

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In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 million barrels per day (b/d) in 2016, will average 9.2 High oil and coal production also could contribute to diesel consumption growth, EIA notes.

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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At least 38 national governments have enacted blending mandates or targets to accelerate the expansion of biofuels production and consumption in the transportation sector. growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 However, despite strong.

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