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March 20, 2019

Volume 2 Issue 12

U.S. Base Oil Output Hits 20-year High

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United States base oil producers made hay while the sun shined last year, taking advantage of a lack of disruptions to churn out 67.3 million barrels – the highest volume in two decades, according to newly released government data. read more

Shipping Base Oils to Where They Aren't

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Regional imbalances in base oil supply and demand lead to large volumes being shipped all over the globe. The pattern of that trade continually shifts as capacity in different regions evolves. read more

U.S. Energy Demand Flat to 2040

The United States’ energy demand is projected to remain essentially flat out to 2040, down just 1 percent, and Brazil’s is expected to increase 2.2 percent, according to the 2019 BP Energy Outlook. read more

Briefly Noted

Castrol and Palm Beach Gardens, Florida-based machine tooling company Gehring agreed to explore ways to increase the efficiency of combustion and engine lubrication.  Cincinnati, Ohio-based Pilot Chemical announced Mike Clark will assume the role of president of the company while continuing to serve as its chief operating officer.  Hydrodec – which operates a transformer oil rerefinery in Canton, Ohio – announced that its CEO David Dinwoodie succeeded Michael Pitcher as president of Hydrodec of North America