Gasoline Oil Ukraine 
Green Car Congress
APRIL 1, 2022
In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil.
Green Car Congress
JUNE 2, 2022
This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The reason is that, in the United States, oil is used to generate less than 1% of electricity.
Green Car Congress
APRIL 20, 2022
The US Energy Information Administration (EIA) forecasts that retail gasoline prices will average $3.84 After adjusting for inflation, this summer’s forecast national average price would mark the highest retail gasoline and diesel prices since 2014. US gasoline and diesel consumption continue to remain below their 2019 averages.
Green Car Congress
MARCH 10, 2022
The bill would put the ban on the importing Russian oil and petroleum products issued under President Biden’s executive order ( earlier post ) into law.). purchases of Russian oil until the president determines Russia recognizes the sovereignty and territorial integrity of Ukraine. Tammy Baldwin (D-Wis.), and Deb Fischer (R-Neb.)
Green Car Congress
SEPTEMBER 27, 2022
Nearly all petroleum products contributed to increased exports, and the largest volumes came from distillate fuel oil and hydrocarbon gas liquids (HGLs), which include propane. Distillate fuel oil exports increased by 19% (190,000 b/d) from the first half of 2021 to the first half of 2022.
Green Car Congress
JULY 21, 2022
After Russia began its full-scale invasion of Ukraine in late February 2022, the impacts of reduced global refining capacity were exacerbated. In its June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 million b/d in 2022 and by an additional 1.6 million b/d in 2023.
Green Car Congress
JUNE 20, 2013
The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. Italy and Ukraine, the largest markets, are slowest growing (3% and 4% CAGR, respectively) due to their relative maturity. million by 2020.
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