Most recent headlines
The International Energy Agency came out with an “explosive” report talking about “explosive” production growth as the United States will become the undisputed leader in global oil production. Take that Saudi Arabia and Russia!
As the nation recovers from the first of the year cold snap, fuels prices are lower although most states are unchanged on the week.
As temperatures recover from unprecedented low levels, fuels are retracing to the downside.
This week's price survey has gains and declines nearly offsetting each other, but overall, our NCI is slightly lower on the week.
As global demand is surging, global supply is falling... and then there is the dollar. The dollar index hit the lowest level since September and the Euro surged to a three-year high that may inspire risk-on buying in oil and other commodities.
Heating oil and propane are both in high demand, leading to higher farm diesel and LP prices at retailers.