About Taylor Oil Co.

This author has not yet filled in any details.
So far Taylor Oil Co. has created 83 blog entries.

Summer Fuel Price News

Summer Fuel Price News - With spring fast upon us, projections from experts are abundant on what to expect when it comes to vehicle gas prices as we look ahead to summer. One thing’s for sure: the new Trump administration will affect market dynamics – it’s just not clear yet in which ways. According to Alan Levine and Brian Milne, here are the latest opinions on crude, gasoline, diesel (heating oil), propane and natural gas as reported by Fuel Marketer News (FMN). Crude As of now, crude is at between $50 and $55 per barrel, with an abundant supply of crude not only in the United States but throughout the world as well. Many factors may stabilize crude prices in the coming months. One of those points to OPEC’s recent production cuts which are keeping prices up. There are claims of high levels of compliance by overseas producers, mainly from Saudi Arabia and maybe even Russia. Saudi Arabia has said they would be open to deeper cuts in production if cheating goes on the rise again. On a related note, shale oil technology is getting even more efficient each year, but it’s still more costly than conventional oil. Gasoline [...]

By |2017-03-15T12:57:34-05:00March 15th, 2017|Fuel Prices|Comments Off on Summer Fuel Price News

Department of Biodiesel Energies Guide: Updated

Department of Biodiesel Energies Guide: Updated - In some good news for the biodiesel industry, the U.S. Department of Energy’s (DOE’s) fifth edition of the Biodiesel Handling and Use Guide was released at the end of 2016. Created in partnership with the DOE Clean Cities program, this guide educates professionals who blend, distribute and use biodiesel and blends. The 72-page document covers such informative topics as: How is Biodiesel Different than Renewable Diesel? Benefits of Biodiesel Use Variation in Biodiesel Properties Energy Content Low-Temperature Properties in Blends Taxes and Incentives Safety, Health and Environmental Issues It addresses some critical safety elements as well as information on how to care for and safely use biodiesel fuels in engines and boilers. Others who will benefit from this updated guide include fleet owners, individual users, blenders, distributors and anyone who handles and otherwise uses biodiesel fuels of any kind. Scott Fenwick, Technical Director at the National Biodiesel Board (NBB) says the guide will act as a tool for how those in the industry view biodiesel volumes in the marketplace – an industry that is continuing to grow year after year. With more Americans utilizing the benefits of biodiesel now than in the past, [...]

By |2024-09-09T06:53:56-05:00February 16th, 2017|Blog|Comments Off on Department of Biodiesel Energies Guide: Updated

Energy and Winter Fuels: A Forecast

The U.S. Energy Information Administration (EIA) is forecasting an increase in average U.S. household expenditures for natural gas, heating oil, electricity, and propane through March 31 of this winter over last. The temperatures this winter, according to data from the National Oceanic and Atmospheric Administration (NOAA), are 3% warmer than the last 10 years overall, but colder than the winter of 2015/2016. Average household expenditures are expected to be higher by the following percentages this winter: Heating oil: 38% Propane: 26% Natural gas: 22% Why? This is mainly due to higher than expected heating demand coupled with higher fuel prices. On the flip side, costs for heating oil and propane this winter are looking to be 32% and 18% lower, respectively, than the last five winters before last. Petroleum and liquid fuels U.S. crude oil production is expected to average 8.6 million b/d in 2017, which is nearly 0.1 million b/d higher than the previous forecast. Average U.S. gasoline prices in September increased by 4 cents/gallon (gal) to about $2.22/gal, due in large part to refinery outages and pipeline disruptions. Gas prices are on track to fall an average of $1.97/gal in January 2017, with average prices settling at around [...]

By |2017-01-12T17:03:19-05:00January 12th, 2017|Blog, Winter Fuels|Comments Off on Energy and Winter Fuels: A Forecast
Go to Top