We’re located just about 40 miles north of Titusville, PA where the first oil well was drilled by Colonel Drake back in 1859. That well set off quite a boom in the area back then and the town of Oil City was established just down the road. The old refineries located in Oil City have [...]
Biodiesel Production
An article today notes that after the gulf hurricanes, diesel prices jumped and stayed high even as gasoline prices fell. Demand for diesel is less elastic than gasoline since a high proportion of diesel use is for business and agricultural vehicles. This is a high demand season and there is no extra diesel reserve or [...]
