The OilSpot News by Telvent DTN
Monday, May 21, 2012 VOLUME 10 ISSUE 505  



Telvent DTN Releases Latest Terminal Operations Solution
Imperial Oil Evaluating Future of Dartmouth Refinery
Enbridge Plans North Dakota-to-Chicago Crude Pipeline Expansion
Fitch: Opportunity, Risk in Delta’s Acquisition of Trainer Refinery
BIOX Corp. Inks Deal for Biodiesel Plant along N.Y. Harbor
PMG New Jersey, LLC II Closes Purchase of 117 Exxon Sites
Crude Stocks at Cushing Supply Hub at 45.1 Million Bbl Record High


US Retail Gasoline Prices Slides 3.6cts to $3.754 Gallon
US Retail Diesel Average Slides 5.3cts to $4.004 Gallon
Propane Supply Hovering 70% over Year Ago for Sixth Week


CRC Study: 25% of Autos Failed with E15 on Emissions, Durability
House Panel Passes Gasoline Act to Eye Impact of EPA Rules
South Dakota Drafting New Rules Regarding 85-Octane Fuel
NBB tells House Ag Producing Biodiesel Benefits Rural Economy
Study says Ethanol Reduced Gas Prices by $1.09 Gallon in 2011
Former Ambassadors Launch Energy Council, Report on Oil
House Votes to Include Keystone XL in Transportation Bill


Economic Indicators


Weekly Rack Postings

Ranking in Top 5
Panel sees Energy as Important Issue in Presidential Elections

With a goal “to engage policymakers and voters in a conversation about our energy future,” Jack Gerard, president and CEO of the American Petroleum Institute, kicked off a panel discussion in Washington, D.C. at the National Press Club on May 15 about “Energy in an Election Year.”
 
“The question facing America is not whether we will continue to need oil and natural gas in the decades to come. The question is: where will we get it? Will we use our own vast energy resources or rely on others? Gerard put forward.

[FULL STORY]
 

Fuel Demand Edging Higher
API says Gasoline, Distillate Demand Rose in April as Economy Improved

Total domestic petroleum deliveries, a measure of U.S. petroleum demand, at 18.5 million bpd declined 0.3% in April versus the same month in 2011, though both gasoline and distillate demand for the period edged higher, the American Petroleum Institute reported in its latest Monthly Statistical Report released on Friday (5/18).
 
Gasoline deliveries at 8.8 million bpd in April gained 0.9% versus the comparable period in 2011. For the first four months of the year, gasoline demand was up 0.3% compared to a year ago. API reported that for both the month and year to date, conventional gasoline demand was up and reformulated gasoline demand was down. Reformulated gasoline is mostly used in urban areas and conventional is used in more rural areas.

[FULL STORY]
 

Summer Gasoline Season Nears
AAA Projects 1.2% Increase in Travelers this Memorial Day

AAA projects 34.8 million Americans will travel 50 miles or more from home during the Memorial Day holiday weekend, an increase of 500,000 travelers or 1.2% from the 34.3 million who traveled one year ago, according to a May 16 news release.
 
The Memorial Day holiday travel period is defined as Thursday to Monday (5/24-28).

[FULL STORY]
 


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