如果您经常看到我们的信息，就考虑点击上面蓝字投资美国石油俱乐部直接关注呦！

Source:EIA

On July 13, the U.S. averagediesel fuel retail price fell below the average regular gasoline retail pricefor the first time since the week of August 10, 2009. From August 2009 throughJune of this year, retail diesel fuel sold at an average premium of 34 centsper gallon (gal) over regular grade gasoline, with the difference reaching morethan 90 cents/gal in January.

The persistent price premiumfor diesel compared with gasoline from August 2009 until last week reflected acombination of factors including strong global demand for diesel, federal fueltaxes for diesel that are 6 cents/gal higher than those for gasoline, and thehigher production cost of ultra-low sulfur diesel (ULSD) that was phased inbetween 2006 and 2010.

Gasoline and diesel haveopposite seasonal demand patterns: gasoline demand tends to peak in the summerdriving months, while diesel demand generally peaks in the winter heatingmonths. Since January, gasoline demand growth has been unusually strong both inthe United States and abroad. Furthermore, although retail gasoline prices inmost parts of the country have in recent weeks followed decreasing crude oilprices, elevated retail gasoline prices in California, as a result of ongoingsupply disruptions, have raised the U.S. weekly average gasoline retail price.

Tight diesel markets over thepast six years have reflected growing diesel demand from developing economiesand the switchover to ultra-low sulfur diesel (ULSD) for home heating oil innortheastern states, where more than 80% of U.S. use of oil for space heatingoccurs. Over the same period, gasoline demand has generally been weak,reflecting increasing vehicle fuel economy and changing consumer drivingpatterns.

Gasoline demand in the UnitedStates began to rise considerably in the latter part of 2014 and through thefirst half of 2015 as U.S. retail gasoline prices reached some of their lowestlevels in years, reflecting the fall in North Sea Brent crude oil prices froman average of $112 per barrel (b) in June 2014 to $48/b in January 2015.Gasoline prices generally followed Brent crude oil prices, falling from$3.69/gal in June 2014 to $2.12/gal in January 2015. Based on the latest datafrom the Federal Highway Administration, Americans drove a record 987.8 billionmiles during the first four months of 2015, topping the previous record of 965.6billion miles set in the first four months of 2007. Global gasoline demand alsoincreased strongly in the first half of 2015.

Price parity between gasolineand diesel is likely to be a relatively short-term phenomenon, as gasolinedemand moderates with the end of the summer driving season and diesel demandbegins to grow in response to the fall agricultural harvest and the winterheating season. In the July Short-Term Energy Outlook (STEO), EIA projects thatthe diesel price premium will return and gradually widen later this year, withgasoline retail prices averaging $2.27/gal in December 2015 compared withdiesel fuel prices at $2.87/gal.

Principal contributor: SeanHill

关于我们

投资美国石油俱乐部

全球第一个专注于美国石油天然气行业投资的华人微信公众平台。美国有超过400万平方公里的土地与矿产资源属于私人所有，是世界上最适合中小资本与个人参与原油开采投资的国家。自2006年美国爆发页岩气革命以来，美国的页岩油、致密油产量剧增，目前的原油日产量排名世界第三。预计2020年美国将成为世界上最大的石油出口国。美国原油生产成本大致在20~65美金/每桶之间，每口油井寿命达10年以上，通常直接销售原油带来的现金收入是初始打井投资额的3倍到10倍。本公众号介绍美国石油与天然气开采行业的资讯与动态、分享中国投资人参与投资的机会。如果想了解更多，可以加微信平台管理员的个人微信号teresa13264021820,为您解答更多问题哦。

免责声明：我们发布的转载资讯，对文中陈述、观点保持中立，不对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。如有版权问题，请联系我们，我们负责版权保护。