U.S. Diesel Demand Poised for Freight Driven Recovery
Freight movements across the United States are showing signs of sustained growth, which should help push domestic diesel consumption higher this year. Freight was hit hard in 2015/16 by the switch from coal to gas-fired power generation…
U.S. Distillate Demand to Rise in 2017: Kemp
U.S. refiners are likely to see stronger demand for middle distillates such as heating oil and diesel in 2017 after two years of declining domestic consumption. Distillate consumption is forecast to increase by 60,000 barrels per day in 2017…
U.S. Diesel Demand to Rise as Freight, Drilling Revive
Freight movements across the United States are showing signs of sustained growth for the first time in 18 months, which should support increases in diesel consumption in 2017. Freight volumes hit a record in July, passing the previous peak set back in December 2014, according to the U.S.
Shale Gas Slump Hits U.S. Railroad Diesel Demand
Cheap natural gas has slashed coal traffic across the U.S. rail network and in turn hit demand for diesel, demonstrating the interlocking relationship between the country's energy and transport systems. U.S. rail freight declined more than…
Kemp: Shale Gas Hits U.S. Railroads and Diesel Demand
Cheap natural gas has slashed coal traffic across the U.S. rail network and in turn hit demand for diesel, demonstrating the interlocking relationship between the country's energy and transport systems. U.S. rail freight declined more than…
Global Oil Demand Growth Slowing: Kemp
The United States was one of the biggest sources of oil demand growth in 2015 but the outlook for 2016 is much more muted, according to official forecasters. The U.S. transportation sector continues to send mixed signals about the strength…
California Drivers Send Warning to OPEC: Kemp
California's road traffic in 2014/2015 grew at the fastest two-year rate since 2001/2002, according to the state's Department of Transportation. OPEC is relying on continued strong growth in driving and fuel demand from the United States…
U.S. Freight Volume Dips: Kemp
Freight volumes in the United States have fallen year on year for the first time since 2012 and before that the recession of 2009, according to the Bureau of Transportation Statistics. The total volume of freight moved by road, rail, pipeline…
El Nino, Sluggish Freight Upend U.S. Heating Oil Market
Heating oil prices in the United States are trading as if it was mid-summer rather than winter, as warm weather and sluggish demand from freight companies combine to make heating oil cheaper than gasoline. Heating oil normally trades at…
U.S. Diesel Demand Flattens as Growth Slows
U.S. diesel consumption has been flat this year after growing strongly in 2013 and 2014, mirroring a slowdown in inland freight movements and the worldwide slowdown in the raw materials sector. Diesel consumption measured by the Energy Information…
U.S. Diesel Demand Flat as Freight Growth Slows: Kemp
U.S. diesel consumption has been flat this year after growing strongly in 2013 and 2014, mirroring a slowdown in inland freight movements and the worldwide slowdown in the raw materials sector. Diesel consumption measured by the Energy Information…
U.S. Jet Fuel Demand Soars
Fuel consumption by U.S. airlines is growing at some of the fastest rates for a decade, according to data published by the federal government. U.S. carriers consumed 1.6 billion gallons of fuel in July, up 3.4 percent from the same month a year earlier (http://link.reuters.com/qad75w).
BSEE Launches Efforts to Reduce Offshore Risk
Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno made two announcements during a press conference in Houston Tuesday at the Offshore Technology Conference (OTC) - each aimed at reducing the risks associated with offshore oil and gas operations.
Transport Sector to Give Lift to Oil Demand
Demand for oil is intimately connected to the demand for transportation in the United States and the other advanced industrial economies. Cars, trucks, airlines, railways and shipping accounted for 71 percent of total U.S. oil consumption in 2013, according to the U.S.
BSEE Director Shares Insights at OTC Houston
"So we are here at OTC, surrounded by extraordinary displays of technology…showcasing capabilities that far exceed what was possible only a few short years ago, and underscoring the fact that the oil gas industry is one of the most innovative and complex on the planet.
BSEE Addresses Near Miss Reporting
Bureau of Safety and Environmental Enforcement (BSEE) Associate Director Allyson Anderson addressed the Independent Petroleum Association of America’s (IPAA) Offshore Committee last week during their meeting in Houston. In her address, Anderson…
