Published on Tuesday, June 30 2020
Authors: Julia Tossetti and Sam Davis

Despite the pandemic, interest in renewable fuels continues to grow.  This is largely because government mandates drive its demand, which is expected to continue increasing as carbon-reduction policies reach greater stringency. This is already visible at the federal level, as well as at the state and regional levels, and it…

Published on Tuesday, June 23 2020
Authors: Robert Auers

For the past two weeks, we have been discussing the short-term outlook for petroleum demand. Today,  we are focusing on one important longer-term demand threat – Electric Vehicles or EVs.  Global EV growth slowed to 9% in 2019 after averaging nearly 60% per year for the 2014-2018 time period. Growth…

Published on Tuesday, June 16 2020
Authors: By Robert Auers and John Auers

Last week in this space, we provided our latest view on how quickly overall refined product demand would recover from the pandemic lockdowns (“Up Around the Bend” - What lies ahead for product demand and refiners’ prospects as COVID lockdowns ease – Part 2?”).  To support our forecasts, we presented…

Published on Tuesday, June 9 2020
Authors: Robert Auers and John Auers

Six weeks ago, we published a blog entitled “Up Around the Bend” - What lies ahead for product demand and refiners’ prospects as COVID lockdowns ease?”.  In that blog, we discussed some of the unprecendented effects that the COVID-19 lockdowns had on petroleum demand, including sending both gasoline and jet…