New Reference Resource: Data: U.S. Energy Information Administration Releases “What Drives Petroleum Product Prices” Website
The U.S. Energy Information Administration recently released the What Drives Petroleum Product Prices website that identifies and tracks several fundamental and financial market factors that influence spot and futures prices of gasoline and distillate, the two most consumed petroleum products in the United States.
This website offers charts that highlight changes in consumption, production, inventories, and trade, mostly related to the U.S. domestic market along with some charts that include global indicators.
The website, a complement to the existing What Drives Crude Oil Prices website, will be updated monthly in conjunction with the Short-Term Energy Outlook.
In addition to [several] charts, the What Drives Petroleum Product Prices website enables users to track the relationship between gasoline and distillate prices and inventory levels, to see which regions in the United States primarily import or export these products, and to compare open interest and volume in gasoline and distillate futures contracts.
About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com.