Oil

By Peter Moore · May 1, 2015
The announcement by “big brown” that they’re adding 1,400 more compressed natural gas (CNG) powered trucks to their fleet should be interpreted by others as a signal to start getting in gear on alternative fleet fuel system reviews.
By Derik Andreoli · May 1, 2015
In the 1970s, legislation was enacted banning the export of domestic crude oil without a special license—and unless Canada is the destination, export licenses are nearly impossible for domestic producers to acquire. With the growing oil glut, the time to lift the ban has come.
By Derik Andreoli · April 1, 2015
History suggests that the current oil glut and the associated price decline will be a temporary phenomenon, and the economics and petro-physics of unconventional oil production—fracking in particular—further suggest that the domestic glut will be eroded sooner than most prognosticators believe.
By Derik Andreoli · February 1, 2015
Since 2011, domestic oil production has increased by 4.5 million barrels per day (bpd), and over the last 12 months alone production has increased by 1.4 million bpd. Meanwhile, Russian production hit a post-Soviet era high in November, and oil exports from Iraq are growing at a record pace.
By Derik Andreoli · June 1, 2014
An analysis of natural gas storage volumes strongly suggests that natural gas prices will rise significantly towards the end of the year; and as they rise, so too will the price for CNG and LNG.
By Derik Andreoli · May 1, 2014
Cost conscious shippers understand that fuel comprises between 40 percent and 60 percent of ocean carriers’ operating costs, and bunker surcharges are a similarly important line item on a shipper’s own income statement.
By Derik Andreoli · March 1, 2014
Natural gas prices have risen 40 percent to over $6 per thousand cubic feet (Mcf) since the beginning of the year. As a regular reader of this column, rising prices should come as no surprise. In July of last year, when the price was just $3.52 per Mcf, I predicted that prices would rise to between $4.00 and $4.25 per Mcf by the end of the year.
By Derik Andreoli · February 1, 2014
In Lewis Carroll’s hallucinogenic novella, Through the Looking Glass, the Red Queen explains to Alice that she too can become a queen by reaching the opposite side of the playing board. But Alice, who has been running as fast as she can, finds that, despite her efforts, she remains in the same spot.
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" crop="yes|center,center|0,0|yes" class="img-responsive" style="width:140px; height:140px; object-fit: cover;" > By Patrick Burnson · January 1, 2014
With the exception of parcel, freight transportation rates will only make incremental gains in 2014. However, our top market analysts tell us that controlling total landed costs by using a variety of modes is now imperative.
By Derik Andreoli · January 1, 2014
Interest in alternative fuel vehicles skyrocketed in 2013, with successful pilot programs for compressed natural gas (CNG) and liquefied natural gas (LNG) trucks being deployed in both private and for-hire truck fleets.
By Derik Andreoli · October 1, 2013
The natural gas market outlook has been a frequent topic covered in this column over the last two years. Over this time, I have consistently argued that although natural gas is abundant, natural gas prices will inevitably rise because the costs of production do not support the “glut” prices that have resulted from the fracking boom.
By Derik Andreoli · November 1, 2012
With the presidential election just around the corner, divisive and intentionally misleading partisan talking points on energy have come to dominate the media.
By Jeff Berman · September 25, 2012
The price per gallon of diesel fell 4.9 cents to $4.086 per gallon, marking the single largest weekly decline since falling 5.1 cents to $3.678 per gallon the week of June 25.
By Derik Andreoli · September 21, 2012
Staying abreast of developments that impact oil supply and demand helps shippers and carriers understand and plan for fuel price fluctuations; so the recent news coming out of Saudi Arabia must have left many in the logistics and transportation industry scratching their heads.

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