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Gasoline Prices to Jump in Upper Midwest on Outages

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices countrywide remain on an upward trajectory, while pump prices in the upper Midwest metropolitan markets are set to surge after operational issues cut oil refining activity. Nationwide, retail gasoline prices are set to extend July’s upside push into August after consistently declining during

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Wholesale Gasoline Costs Plummet on Worry over Economic Growth

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Department of Labor’s non-farm payroll report for April showing job creation at a paltry 115,000 which was much less than expected by the market triggered a selling frenzy in oil futures trading on the New York Mercantile Exchange, with the data suggesting slowing economic growth

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Another Refinery Shut Down Boosts Gasoline Prices

By Brian L. Milne, Refined Fuels Editor, Telvent DTN While mixed, wholesale gasoline prices mostly increased in major metropolitan markets across the U.S. during the third week in January, setting the stage for another increase in the U.S. retail average, which increased for the fifth consecutive week through Jan. 16. The Energy Information Administration (EIA)

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Wholesale Gasoline Costs Start August Mixed

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs across the U.S. ended the final week of July mixed with a downward bias, which should arrest the gradual increase in retail pump prices in many metropolitan markets. That follows four consecutive weeks in which the U.S. average retail price for regular gasoline

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Gasoline Prices Continue Ascent

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices continued to move higher through mid January, climbing when values typically flounder near annual lows during a time of year when winter weather usually dampens driving demand. Gasoline demand is nearly 2% higher during the four weeks ending Jan. 7 compared with the

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