Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

Oil giant counts on continued high prices

SAN RAMON, Calif. -- With itsplanned purchase of Unocal Corp. approved by stockholders yesterday for $18.1 billion, Chevron Corp. has landed the biggest oil acquisition in years and snatched a prize away from a government-controlled Chinese company. But behind this victory lies a giant bet on the...

California already crossing over as gas hits $64 a barrel

LOS ANGELES -- That all-too-familiar fear is back: Already high gas prices could soon skyrocket even higher. As crude oil prices spiked at nearly $64 a barrel Monday and ultimately settled at an all-time high of $63.94, industry experts and consumers were left wondering what's in store at the pump...

Suppliers, not stations, mostly responsible for hurricane increases

TALLAHASSEE, Fla. -- Most of the 1,500 gasoline price-gouging complaints filed during Hurricane Dennis will amount to nothing, according to a report in Southwest Florida's News-Press. The hikes were real, but they happened further up the supply chain and hours before Florida's anti-gouging laws...

Two dozen 76 stations left without premium gasoline
Proposed oxygenate repeal raises production concerns
Gasland site first in state to offer alternative fuel
It's probably over, says advisor.
Saudi king's death, BP refinery fire a double whammy.
Congress finally passes first major energy legislation in more than decade
House approves imperfect energy bill