EIA petroleum price forecast predicts a 5-10% decline in crude oil, gasoline, and diesel prices in 2023 due to global production, economic growth, and market trends. Learn how these factors impact energy consumption and the oil industry.
Fuel spill causes evacuation in PA in the city of Bethlehem. 100’s of residents were evacuated from their homes today after 6,000 of gallons of fuel spilled out of an overturned tanker truck near Paul Avenue and West Union Boulevard on the city’s west side.
Record surging fuel costs have some truckers teetering, especially among small and independent operators. U.S. average for trucking’s main fuel rises another 11.5 cents to $5.339 per gallon—as a freight market authority with a…
KAG Logistics acquires American PetroLog LLC, a Lafayette, La.-based company providing multi-modal distribution services to the petrochemical industry. KAG Logistics is a major logistics provider in the petroleum, renewable fuels, specialty products, food products and…
The National Oilheat Research Alliance (NORA) has announced the appointment of Michael Devine as incoming president following the retirement of current president John Huber effective March 1. Devine comes to NORA after having served as VP…
Royal Canadian Mounted Police (RCMP) are investigating what is being described as an “organized violent attack” on pipeline workers, police and equipment at a Coastal GasLink drilling site near the Morice River in northern BC.
As the world begins to recover from the COVID-19 pandemic in most areas, the demand for oil and gas has increased exponentially. Prices have risen, demand is strong from the transportation industry, and consumers are…
U.S. liquefied natural gas (LNG) exporters could see cargo cancellations return this summer if the current supply glut cannot be alleviated by then, analysts said recently. According to IHS Markit, 2020 saw an estimated global…
Permanent refining capacity closures expected for 2020-2021 have risen to about 1.7 million barrels per day (bpd) as the COVID-19 pandemic hammers demand for oil products, according to the International Energy Agency (IEA). About a…
ThompsonGas, based in Frederick, Md., has acquired All Service Propane, a propane provider based in Anderson, Calif, in the northern region of the state. “We are pleased to announce that we have added All Service…
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Tank Transport’s 2023 Product/Service Directory & Buyers Guide
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