Filed in Oil
Sunday, July 01, 2012
Not long ago, the price for a barrel of crude was $110, and a gallon of regular gasoline would set you back nearly $4. While consumers wished for relief, politicians hunted scapegoats on Wall Street.
Thursday, June 28, 2012
While diesel and other fuel rates have been in steep decline recently, supply chain managers should continue to keep their guard up.
Friday, June 01, 2012
As a logistics manager, understanding that oil and fuel prices are a function of supply and demand rather than the rogue actions of “evil speculators” is important.
Thursday, March 29, 2012
For logistics managers, it’s important to understand what surplus oil production capacity means to oil and fuel prices—and, therefore, your bottom line.
Thursday, February 23, 2012
The increase in shale gas extraction projects is triggering spectacular growth in North American drilling projects. But with this growth comes transportation challenges, as suppliers of pipe, chemicals, drilling equipment, and other materials must get products to and from an expanding number of energy sites, many in remote locations.
Wednesday, February 01, 2012
Rare is the news day that passes without mention of the proposed Keystone XL (KXL) pipeline. In fact, just as I was about to send this article to the Logistics Management editors, news broke that President Obama rejected the proposed route for the KXL. Of course, this is not the last we will hear of the project. The route will be revised and resubmitted for review, and we will soon revisit the issues surrounding the KXL.
Thursday, December 01, 2011
Driven by the boom in shale oil production from the Bakken formation that straddles the Montana/North Dakota border, U.S. oil production has climbed steadily since 2008 after declining for 22 of the previous 23 years. This fact alone might lead logistics professionals to the conclusion that price relief is just around the corner. Well, it isn’t.
Wednesday, November 16, 2011
Diesel prices were up a full dime, with the price per gallon hitting $3.987.
Saturday, October 01, 2011
Many believe that high or rapidly rising oil prices cause recessions; but in turn, during a recession, industrial production and demand for transportation decline. Consequently, the price for oil and fuel falls, and as it declines, the economy is stimulated.
Tuesday, September 20, 2011
This follows a 0.6 cent decline last week, which was preceded by a 5.8 cent gain over the previous two weeks.
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