Decline in US Gasoline Consumption Accelerates -- The February 2012 Bureau of Economic Analysis data on consumer spending indicated that the decline in US gasoline use is quickening. Real purchases fell six percent from year-earlier levels. Learn more.
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PKVerleger LLC calculates the value of sweet crude based on New York Harbor product prices.
Thirty to Forty US Refineries Must Close by 2020 (May 14, 2012) -- The Department of Energy’s Energy Information Administration reports that 148 refineries operate in the United States. Eight years hence, the number will drop to around 100. More >>