Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

Family exiting industry, selling off remaining five units

BUTLER, Ind. -- Laub Bros. Oil Co. Inc., Butler, Ind., is selling off its remaining five sites. The sites are in the northeast region of Indiana and the northwest part of Ohio. In Indiana, the sites are located in Butler, Harlan, Leo and Waterloo; in Ohio, the Ohio property is in Archbold. Four of...

FTC could block deal; company plans to challenge decision

HONOLULU -- Aloha Petroleum Ltd. said it plans to fight anticipated opposition from the Federal Trade Commission (FTC) of its purchase of 18 Mahalo gas stations and part of a terminal, reported Pacific Business News. Aloha Petroleum negotiated a deal to buy the station sites from Trustreet...

Hastert proposes tax credit for installation of equipment to sell E-85

WASHINGTON -- A wide-ranging energy bill expected to move through Congress this week includes more than $8.5 billion in tax incentives and billions of dollars more in loan guarantees and other subsidies for the electricity, coal, nuclear, natural gas and oil industries. The White House said...

Chain to focus on Fort Wayne market
Also, Chevron launches motor oil upgrade promo
Calif. Safeway store must stop discounting; Colo. City Market store can keep it up
For now, street price stability and margin recovery, Lundberg says
Iowa, Illinois, Minnesota fuel activity
Lawmakers abandon liability shield to help clear way for passing energy bill
House GOP proposes industry pay $11.4 billion for MTBE cleanup; would nullify most suits