Business, Technology, Fuel

World’s Road Fuel Demand to Peak Earlier Than Expected

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

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

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

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

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

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

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

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

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 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