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Gasoline Plunge Wiping Out Profits for Ethanol Producers: Energy

2015-02-25 17:18:51| Energy - Topix.net

Valero Energy Corp. and Green Plains Renewable Energy Inc., representing about 15 percent of U.S. capacity, have reduced operations as margins narrowed. At a typical mill in Illinois that makes ethanol from corn, profit margins have almost totally disappeared, compared with $1.33 a gallon a year ago, according to AgTrader Talk, a Clive, Iowa-based consulting company.

Tags: energy profits producers gasoline

 

Higher gasoline consumption only short-term help for oil prices

2015-02-02 08:52:56| Oil & Gas - Topix.net

Oil companies are moving aggressively to cut excess supply in the face of a glut, but weak global growth is expected to dampen any recovery in crude prices over the next two years. There are some signs of a demand response to oil's price swoon - gasoline sales were up sharply in some states last fall while sales of sports utility vehicles soared at the end of the year.

Tags: prices higher oil consumption

 
 

Higher gasoline consumption only short-term help for oil prices

2015-02-02 01:58:30| Energy - Topix.net

Oil companies are moving aggressively to cut excess supply in the face of a glut, but weak global growth is expected to dampen any recovery in crude prices over the next two years. There are some signs of a demand response to oil's price swoon - gasoline sales were up sharply in some states last fall while sales of sports utility vehicles soared at the end of the year.

Tags: prices higher oil consumption

 

As gasoline prices drop, Americans swing favor oil exports: Poll

2015-01-29 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Americans are more likely than ever to favor easing a ban on exporting crude oil, so long as it does not lead to higher gasoline prices that have recently sunk to near $2 a gallon, according to a new Reuters-IPSOS poll. In questions posed to more than 2,000 voting-age Americans earlier this month, around 45 percent generally agreed that oil drillers should be allowed to export domestic crude abroad, while just over 30 percent broadly disagreed. In September, supporters and opponents were both at...

Tags: prices oil favor drop

 

PG&E Helped California Drivers Swap 3 Million Gallons Of Gasoline For Cleaner Natural Gas In 2014

2015-01-26 01:26:14| pollutiononline Home Page

As part of its commitment to help its customers minimize carbon footprints and reduce California’s dependency on foreign fossil fuels, Pacific Gas and Electric Company’s (PG&E) Compressed Natural Gas (CNG) fueling stations provided the equivalent of three million gallons of gasoline to thousands of Natural Gas Vehicle (NGV) customers in 2014

Tags: in natural million california

 

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