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RBOB Gasoline Jun 25 (RBM25.NYM)
- Thomson Reuters StreetEvents
Q1 2024 Enterprise Products Partners LP Earnings Call
Q1 2024 Enterprise Products Partners LP Earnings Call
- Reuters
US gasoline prices set to lose steam ahead of summer driving season
A spring surge in U.S. gasoline prices is set to fizzle out earlier than expected as geopolitical concerns abate, raising optimism that motorists will find some relief at the pump ahead of peak summer travel demand. U.S. gasoline prices are under a microscope ahead of the country's presidential elections in November, with stickiness in inflation among top issues plaguing consumers and policymakers. U.S. refiners are also returning from annual spring maintenance and ramping up utilization rates, boosting fuel output.
- Associated Press Finance
The EPA is again allowing summer sales of higher ethanol gasoline blend, citing global conflicts
The Environmental Protection Agency cleared the way Friday for a higher blend of ethanol to be sold nationwide for the third summer in a row, citing global conflicts that it says are putting pressure on the world's fuel supply. The agency announced an emergency waiver that will exempt gasoline blended with 15% ethanol from an existing summertime ban. Gasoline with 10% ethanol is already sold nationwide, but the higher blend has been prohibited in the summer because of concerns it could worsen smog during warm weather.
