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Energy Détente Current Issues
Jun 29 2020
Gasoline Price Crash 2020
WORLD AVERAGE PRICE HITS BOTTOM
The June 2020 world average retail gasoline price is $0.22 gal. higher than in May, but remains vastly below its pre-pandemic level. Price is unlikely to climb dramatically in the near term due to inferior demand. This issue tracks crude oil and gasoline price history, highlighting consumer prices by region and in four nations.
Mar 06 2020
2020 Petroleum Demand Precipice
CORONAVIRUS TRIGGERS HISTORIC COLLAPSE
Today's ongoing world petroleum demand crash brought on by the outbreak of coronavirus disease may be far from its bottom, and the resulting petroleum price crash may need many months before it effects a demand reversal. This report shows what the crisis may do to 2020 demand, price, and GDP.