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Patrick DeHaan
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Analyst

Crude oil prices halt declines after EIA shows big decline in inventories while refined product inventories rise

Crude oil prices halt declines after EIA shows big decline in inventories while refined product inventories rise

By Patrick DeHaan | April 26, 2017

The Energy Information Administration (EIA) released its weekly report today on the status of petroleum inventories in the United States. Here are some highlights: CRUDE INVENTORIES: Crude oil inventories decreased by 3.6 million barrels (MMbbl) to a total…

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Analyst

Gas Prices See Weekly Rise, Pace Slowing

Gas Prices See Weekly Rise, Pace Slowing

By Patrick DeHaan | April 24, 2017

Gasoline prices have advanced in the last week again, rising by a penny versus a week ago to $2.42 per gallon, according to price-tracker GasBuddy. “Gasoline prices saw another weekly lift, yet have begun to slow their ascent in recent days,” said…

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Analyst

Gasoline inventories move higher as refiners push oil inputs to nearly 93% of capacity

Gasoline inventories move higher as refiners push oil inputs to nearly 93% of capacity

By Patrick DeHaan | April 19, 2017

The Energy Information Administration (EIA) released its weekly report today on the status of petroleum inventories in the United States. Here are some highlights: CRUDE INVENTORIES: Crude oil inventories decreased by 1.0 million barrels (MMbbl) to a total…

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Analyst

Tax Day is Every Day: Motorists Spend $198 Million Daily on Gasoline Tax

Tax Day is Every Day: Motorists Spend $198 Million Daily on Gasoline Tax

By Patrick DeHaan | April 18, 2017

198 million: the amount of tax that local, state and federal officials will receive today- Tax Day- thanks to gasoline taxes. While many Americans forget about gasoline taxes, they amount to $72 billion a year for local, state and federal coffers, with all…

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