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Monday, July 13th, 2015

When buying wholesale fuel, retailers, government agencies, construction companies and other large volume users have a couple of options. These buyers can purchase wholesale fuel by contract which sets a price and a steady supply or they can buy on “spot”, also known as rack pricing where there is no commitment by either party.

Monday, July 13th, 2015

Oil and gas exploration has been going in new directions the last few years. This new exploration has produced brand new sources of oil and natural gas that have never been explored before. Hydraulic fracturing, known as fracking or hydrofracking, is leading the way in these new exploration efforts. This exploration has produced an ever-increasing amount of U.S. produced crude oil.

Monday, July 13th, 2015

Gas prices are going to change. This change is a fact of life for drivers all around the world. The reasons behind why gas prices change are often complex and hard for most people to follow. What is easier to understand is the role of supply and demand when it comes to gas prices.

Monday, July 13th, 2015

Diesel fuel is one of the products created from crude oil. During the refining process, the viscous dark thick crude oil is turned into the much lighter diesel fuel. We must first understand what crude oil is and then how petroleum diesel fuel is produced. There are methods to creating diesel fuel other than the traditional method.

Monday, July 13th, 2015

Many of us take gasoline for granted. We may complain about paying more at the pump for a gallon of gas, but we know gasoline is going to be available when we need it. It’s important to understand the complexities of the industry and the role oil and gas plays in today’s world. Understanding the power petroleum and gas production has will help explain why oil and gas is not the industry you think it is and why it is so important for the modern world.