In The News

Wednesday, 09/14/2022

September 14, 2022 – Reuters

U.S. Northeast faces potential energy shortages as rails start to shut

By: Laila Kearney, Laura Sanicola and Jarrett Renshaw

NEW YORK, Sept 14 (Reuters) - Some trains carrying fuel components to the U.S. Northeast have been halted in preparation for a possible railroad shutdown in the coming days, two sources familiar with the situation said on Wednesday.

The northernmost East Coast states rely on railroad shipments to supplement pipeline deliveries from the U.S. Gulf. The region is among the largest fuel...

Tuesday, 09/13/2022

September 13, 2022 – LP Gas

Winter preview: Steady as it goes

By: James Guyette

Although propane retailers may be a little leery of what this year’s winter will bring in the form of challenges and unforeseen circumstances, a feeling of confidence and competence appears to be taking hold as the industry gets down to the business of preparing for another heating season.

Although overall supply is going to remain tight, “the market is in better shape than we were at this time last year,” says Rusty Braziel, the founder and executive...

Thursday, 09/08/2022

September 8, 2022 – Bloomberg News

Californians Can't Catch a Break as Gasoline Prices Rise Again

By: Chunzi Xu

Gasoline stockpiles on the US West Coast have fallen by 11% since the beginning of August amid a lack of imports to their lowest level in about seven years, data from the Energy Information Administration show. The California grade of gasoline known as Carbob also saw inventories drop to 8% below the five-year average for this time of year, according to the California Energy Commission.

Refiners in the state are running harder,...

Tuesday, 09/06/2022

September 6, 2022 – CNBC

A lot of things keep a cap on energy production in the U.S., says RBN CEO

RBN Energy CEO Rusty Braziel joins the ‘CNBC Special: Energy Emergency’ to discuss U.S. exports of oil and liquid natural gas and a warning from the U.S. government that energy companies should make sure this country has enough energy before shipping it out of the country.

Watch the full segment here: ...

Tuesday, 09/06/2022

September 6, 2022 – RealClear Energy

To Bolster Fuel Supplies in the Northeast, End Talk of Banning Exports and Look to the Jones Act

By Christopher Guith

It is also bad domestic policy. Usually when prices rise, energy companies respond by increasing production. But a spike caused by an export ban would have the reverse effect, discouraging new investment by signaling greatly reduced access to energy markets.

In fact, a recent study from the American Council for Capital Formation (ACCF) found that a ban on petroleum product exports would...