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Recent Articles

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US national gas price average fell three cents to US$3.43 in week ended Mar. 23, but increased four cents month-over-month; gas demand increased to 8.96 million b/d from 8.59 million b/d last week: AAA

Ford hosting event for investors, analysts to explain company’s new organization and how it will report financial results; Ford now based on three global business segments focused on different automotive customers

Sulzer completes start of pygas-to-styrene unit in Zhoushan, China, which extracts styrene from pyrolysis gasoline derived from naphtha cracking; site has capacity for 100,000 tonnes/year of styrene

Commentary: Virgin plastic is too cheap and limits market for recycled plastic; price of virgin plastic depends on oil and gas prices, which are often subsidized, and recycled plastic would be more competitive if fossil fuel subsidies were phased out

US average on-highway diesel fuel price in week ended Mar. 20 decreased to US$4.185/gallon from US$4.247/gallon last week; average regular gasoline price decreased to US$3.422/gallon from US$3.456/gallon: EIA

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