Jeffrey Bair

Business, Technology, Fuel

World’s Road Fuel Demand to Peak Earlier Than Expected

Trucks fuel up Trucks fueling at a truck stop. (vitpho/Getty Images)

Demand for gasoline and diesel to fuel cars and trucks will peak in 2027 — four years earlier than expected — as more fuel-efficient autos and increasing adoption of electric vehicles curb global consumption, according to BloombergNEF.

Jeffrey Bair | Bloomberg News
July 20, 2021
Business, Fuel

Fuel Use Tops Pre-Virus Level Heading Into Holiday

vehicles on highway Motorists head east along Interstate 70 on July 1 to get an early start on the Fourth of July holiday weekend near Golden, Colo. (David Zalubowski/AP)

U.S. gasoline consumption in the week leading up to the Independence Day holiday may have been the highest since 2019, adding to signs of recovery from the pandemic travel slump, analysts said.

Jeffrey Bair | Bloomberg News
July 6, 2021
Government, Business, Fuel

Some Denver Gas Stations Have Been Running Short of Fuel

A fuel pump at a Sinclair Oil Corp. gas station in Denver A fuel pump at a Sinclair Oil Corp. gas station in Denver in March. (Chet Strange/Bloomberg News)

Dozens of gasoline stations in Denver and southern Colorado ran dry last weekend as a shortage of truck drivers and pipeline work delayed fuel supplies.

Jeffrey Bair | Bloomberg News
June 21, 2021
Business, Fuel, Top 100

US Trucking Boom Contributes to Rising Demand for Diesel

Trucks sit at the gate leading in to the Port of Seattle. (Port of Seattle) Trucks sit at the gate leading into the Port of Seattle. (Port of Seattle)

For a look at how dramatically U.S. oil consumption is roaring back, consider this: Bennie Baucham, a trucker for four decades, hasn’t been this busy in years.

Jeffrey Bair | Bloomberg News
June 18, 2021
Government, Business, Fuel

European Gasoline Diverted to Texas to Ease Supply Crunch

Texas A crew member walks on the deck of an oil tanker anchored in the Pacific Ocean in this aerial photograph taken above Long Beach, Calif., last year. (Patrick T. Fallon/Bloomberg News)

Five gasoline tankers that were en route to the U.S. East Coast diverted to the Port of Houston to help ease a supply crunch after last month’s freeze crippled the region’s refineries.

Jeffrey Bair | Bloomberg News
March 8, 2021
Business, Fuel

Texas Gas Stations Still Dark Following Big Freeze

 Gas pumps are out of service at an Exxon gas station in Houston Feb. 18. (Go Nakamura/Getty Images via Bloomberg News) Gas pumps are out of service at an Exxon gas station in Houston Feb. 18. (Go Nakamura/Getty Images via Bloomberg News

More than 1,700 gas stations are without electricity Feb. 19 because of the Texas power disaster, threatening to push pump prices even higher with key refineries in the state still shut.

Jeffrey Bair | Bloomberg News
February 19, 2021
Business, Fuel

US Diesel Stockpiles Swell as Global Fuel Demand Falters

A tanker truck sits parked at a diesel fuel pump in Princeton, Ill., in April 2020. A tanker truck sits parked at a diesel fuel pump in Princeton, Ill., in April 2020. (Daniel Acker/Bloomberg News)

The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October.

Jeffrey Bair | Bloomberg News
January 13, 2021
Government, Business, Fuel

Pandemic Likely to Cut Thanksgiving Driving in Half

A vehicle waits at a traffic signal light on a near empty road in Seattle on March 18. A vehicle waits at a traffic signal light on a near empty road in Seattle on March 18. (Chona Kasinger/Bloomberg News)

With virus cases surging, hospitals filling up and more U.S. states imposing restrictions, Americans are likely to drive a lot less this Thanksgiving. Only 35% will travel by car this year, down from 65% a year ago, according to survey from retail fuel tracker GasBuddy.

Jeffrey Bair | Bloomberg News
November 18, 2020
Business, Fuel

Trucking Demand Throws a Lifeline to Ailing Refineries

A Gallup, New Mexico, refinery. A Gallup, New Mexico, refinery. (Cate Dingley/Bloomberg News)

With jets grounded and cars parked, diesel fuel for trucking is giving some relief to refiners as the coronavirus spread cuts deep into demand.

Jeffrey Bair | Bloomberg News
March 31, 2020
Government, Business, Fuel

California Drivers May See $4 a Gallon at the Gas Pump

california driver pumping gas Sergio Flores/Bloomberg News

California drivers soon may pay $4 a gallon at the pump after refinery upsets pushed up the wholesale market in San Francisco to the strongest level in almost seven years.

Jeffrey Bair | Bloomberg News
September 25, 2019

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