Broker Scam & Fraud Alert


Monday, 11 September 2017

Hurricane Harvey caused U.S. Gulf Coast refinery runs to drop, gasoline prices to rise

Hurricane Harvey caused substantial disruptions to crude oil and petroleum product supply chains and increased petroleum product prices. For the week ending September 1, 2017, gross inputs to refineries in the U.S. Gulf Coast fell by 3.2 million b/d, or 34%, from the previous week, the largest drop since Hurricanes Gustav and Ike in 2008. More »

Friday, 8 September 2017

Hurricane Irma may cause problems for East Coast energy infrastructure

Hurricane Irma caused significant damage to the northeastern Caribbean and is currently projected to turn towards Florida this weekend. Current model forecasts project that Hurricane Irma will then pass along or just offshore the east coast of Florida, though the actual storm track could change from current advanced projections. To help analysts assess energy-related potential storm effects, EIA maintains an energy disruptions map that displays energy infrastructure and real-time storm information. More »

Thursday, 7 September 2017

Electricity prices reflect rising delivery costs, declining power production costs

Over the past decade, retail electricity prices have not closely followed the costs of fuels used to generate electricity, such as coal or natural gas, mainly because of changes in the other costs involved with producing and delivering electricity in the United States. More »

Wednesday, 6 September 2017

U.S. average retail gasoline prices increase in wake of Hurricane Harvey

U.S. retail gasoline prices on Monday, September 4, averaged $2.68 per gallon (gal), 28 cents/gal higher than prices a week ago. More »

Tuesday, 5 September 2017

Oman’s petroleum and other liquids production reached record levels in 2016

Oman set a new record with annual total oil production in 2016 exceeding 1 million barrels per day (b/d). Oman’s petroleum and other liquids production ranks seventh among the Middle Eastern countries. Oman is the largest oil producer in the Middle East that is not a member of the Organization of the Petroleum Exporting Countries (OPEC). More »

Friday, 1 September 2017

Hurricane Harvey adds uncertainty to gasoline prices for the upcoming Labor Day weekend

Hurricane Harvey, which first made landfall on August 25, 2017, has created considerable uncertainty for gasoline supply and prices, as the area affected by the hurricane is home to much of the nation's petroleum infrastructure. On August 28, the U.S. average retail gasoline price was $2.40 per gallon (gal), the second-lowest price on the Monday before Labor Day since 2004. More »
Identity Theft Deterrent