Oil Sands Strong is a grassroots group of Canadians banding together to support our oil sands. Our mission is to fight back against attacks by providing the public with the factual information they need to help make informed decisions about the cause.

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Financial

Jan 27 (Reuters) - U.S. refiner Valero Energy Corp (VLO.N) posted quarterly earnings well above Wall Street expectations on Thursday, as margins nearly tripled on the back of soaring demand for fuel thanks to a vaccine-induced economic recovery. Gasoline and distillate consumption in the United States improved drastically in the last quarter of 2021, compared with the year-ago period, as more people commuted to offices and took to holiday travel on easing coronavirus curbs. A jet fuel recovery and low product inventories from years of

Warm weather in the first half of winter led to lower U.S. propane prices and slower inventory draws A warm start to this winter’s heating season (October through March) has led to declining U.S. propane prices, in contrast to crude oil prices that have been higher this month than during October 2021. Propane prices typically follow the price of crude oil and other petroleum products but can vary significantly, depending on supply and demand conditions, particularly in response to winter weather. Since