fuel prices Archives - McKeany-Flavell

Production of ethanol expected to increase

Production of ethanol expected to increase

Months earlier, fuel prices skyrocketed due to a somewhat artificial scarcity in supply caused by the Russia-Ukraine war. In response to that, EPA provided relief by allowing the ethanol component in gasoline to be more than the usual 10 percent, and we saw E15 [...]

By Marilyn Adutwum|December 14, 2022|Categories: Biofuels, Corn & Soy Complex, Energy, Ethanol|Tags: Clean Air Act, Consumer and Fuel Retailer Choice Act of 2022, E15, EPA, ethanol production capacity, fuel prices|0 Comments

Petroleum Reserve drained further as Middle East visit ends

Petroleum Reserve drained further as Middle East visit ends

At June’s end, the U.S. Strategic Petroleum Reserve (SPR) dropped to its lowest level since the mid-1980s, a 35-year low. The Biden administration is continuing to use SPR withdrawals to bolster supply and try to bring reduce fuel prices and the oft-mentioned pain at [...]

By Jeff Rasinski|July 26, 2022|Categories: Energy, Market Prices, Weather|Tags: crude oil, electricity demand, extreme heat, fuel prices, Israel, Middle East, OPEC, Palestine, U.S. refineries, U.S. Strategic Petroleum Reserve (SPR)|0 Comments

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