Here’s how much gasoline we’ll get from the Strategic Petroleum Reserve oil release. U. S. Energy Secretary Rick Perry authorized an emergency release of oil from the nation’s Strategic Petroleum Reserve on Thursday in an effort to ease shortages of gasoline in the wake of Hurricane Harvey, but analysts doubt it will have much impact. Perry first authorized a release of 5. Thursday. A spokeswoman said it would be delivered directly by pipeline directly to the Phillips 6. Lake Charles, La.

This is a drop in the bucket,” said Patrick De. Haan, senior petroleum analyst at Gas. Buddy. It “won’t do much” and while it will be enough oil for two days of operations, “we need the Port of Houston to open to make a notable difference.”On Thursday afternoon, the Energy Department announced the release of another 5. Hurricane Harvey has been far more devastating for U.

S. energy infrastructure than anyone could have imagined even a week ago,” said Dave Ernsberger, global head of energy at S& P Global Platts. He said the SPR is “often criticized in the industry because it usually ends up offering to provide more crude, on an emergency basis, when what the market really needs is refined products like gasoline, jet fuel and diesel.” But “the scale of the storm is so massive that this could be the first time in a long time when crude supplies might be increasingly tapped in to,” said Ernsberger. Watch Undisputed II: Last Man Standing Online Facebook.

No crude vessels have called into Houston [ports] for five days, and it might be quite some time before they do again.”So let’s do the math: U. S. refineries produced an average of about 2. Energy Information Administration. Many other petroleum products are refined from crude oil. U. S. autos for an hour and 1.

James Williams, WTRG Economics. But if you look at just gasoline, that 1 million barrels of oil would produce about half a million barrels of gasoline, according to James Williams, energy economist at WTRG Economics.

The amount of oil could feed refinery operations for around 4 days and “make enough gasoline to fuel U. S. autos for an hour and 1. In 2. 01. 6, U. S. EIA, a daily average of about 3. At the retail level, the average price per gallon for regular unleaded gasoline stood at $2. Thursday afternoon, according to Gas.

Buddy. That’s up 1. Read: Why September’s gasoline futures contract has left October’s in the dust.

The SPR release shows that refineries still in operation are having a hard time finding crude, or at least the grade of crude they need, said Phil Flynn, senior market analyst at Price Futures Group.“With refining margins soaring, refiners are going to be paying up to get their hands on crude,” he said. Many domestic and international refiners will be putting off maintenance, helping drive demand for crude. If gasoline prices continue to soar, “crude prices will be dragged higher.”On Thursday, October West Texas Intermediate crude. US: CLV7. . . rallied to $4. New York Mercantile Exchange, rebounding in the wake of losses over the past three sessions. September gasoline futures.

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US: RBU7. . . meanwhile, soared to $2.

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U.S. Energy Secretary Rick Perry authorized an emergency release of oil from the nation’s Strategic Petroleum Reserve on Thursday in an effort to ease shortages of.

Here Are at Least 1. ISPs Which Put Caps on Their Customers' Data Use. Last month, internet service provider Cox began charging residential customers in Arizona, Louisiana, Nevada, and Oklahoma an extra $1. Cox’s moved matched other leaders in the industry aggressively implementing capped service, like its competitors Comcast and AT& T. Broadband. Now, which is a partially industry- funded search engine for home internet providers, is identifying and releasing data on the ISPs trying to jump on the capped data bandwagon. According to their search of provider websites as of August 7, approximately 1.

The monthly caps in question vary from as low as 3. GB—roughly what Netflix says will be consumed in an hour of HD programming—to as high as 3. TB. According to Ars. Technica, Newport, New York’s NTCNet, which has the 3.

GB cap in place, says the cap is not enforced and is only there as a placeholder in case they need to enforce limits in the future. But a number of other services had caps under 1. GB, while numerous services capped accounts at under 1. GB. As Ars. Technica noted, some of the largest broadband companies including AT& T, Comcast, Cox, Century. Link, Mediacom and Suddenlink were on the list, as well as major satellite providers Exede and Hughes.

Net. Many of the ISPs on the list charge overage fees for further access or offer unlimited plans at higher rates, though some others do not aggressive enforce the caps. All of this data, of course, does not necessarily cover various other ways ISPs can screw over their customers, like throttling internet access for heavy users or overselling capacity out of ignorance or deliberate profiteering. In the past, some ISPs have also used deceptive advertising language to give the impression plans which simply raise overage fee thresholds are actually unlimited, i. Currently, the Federal Communications Commission is under the dubious leadership of Donald Trump appointee Ajit Pai, who has declared war on net neutrality and seems determined to roll back rules which prevent ISPs from implementing tiered services or throttling competitors. In that light, last year’s attempts by content providers like Netflix to fight data caps via FCC regulatory action now look somewhat quixotic.

Broadband. Now’s data also doesn’t say anything about mobile providers, for whom data caps and other tricks to limit customer utilization of bandwidth are basically a fixture of the landscape; Verizon Wireless, for example, has begun openly throttling mobile video.[Broadband. Now via Ars. Technica].