Did dropping uranium output, soft prices spook investors?U.S. production of uranium concentrate could fall to its lowest level in 65 years in 2017 although prices have stabilized since reaching a 12 year low in November, the Energy Information Administration said last week. Production has been affected by uranium priceswhich have generally trended downward since their peak of $135/lb in June 2007, the EIA said releasing the Uranium Marketing Annual Report.
Showing posts from June, 2017
Growing octane needs widen premium/regular price spread The engine designs increasing the fuel economy of the trucks that are all the rage on Cape Fear are boosting the demand for premium gasoline, increasing the price difference between the high-octane blend and regular gasoline. The Energy Information Administration found the difference between U.S. average retail prices for the two grades reached 50 cents per gallon in late 2016, addingit has remained near that level so far in 2017. One of the main performance characteristics of motor gasoline is octane, a measure of gasoline’s resistance to spontaneous combustion.