Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

International Energy Agency says global oil dependency needs to be scaled back

PARIS -- The International Energy Agency (IEA), in a call for change that reflects rising anxiety over future energy supplies, has urged the industrialized world to start weaning itself off oil, reported the Wall Street Journal. The Paris-based energy watchdog for the United States and 25 other...

$10,000, but no guilty plea, in alleged Katrina gas price-gouging case

LIVINGSTON, Ala. -- An officer of McBride Oil Co. has paid a $10,000 fine for alleged price gouging at the pump in the wake of Hurricane Katrina, but Sumter County, Ala., District Attorney Greg Griggers wants him to plead guilty as well, said an Associated Press report. Griggers told Sumter County...

Oilmen to testify on prices, profits

WASHINGTON Oil executives Lee Raymond, chairman and CEO of Exxon Mobil Corp.; David O'Reilly, chairman and CEO of Chevron Corp.; James Mulva, chairman and CEO of ConocoPhillips; Ross Pillari, president and CEO of BP America Inc.; and John Hofmeister, president and U.S. country chair for Shell Oil...

Supply & demand normalizing, says Lundberg
PMAA gasoline brand looks for growth in 2006
Miami-Dade County requires generators at gas stations
U.S. Senate OKs ANWR drilling
Partnership will grow retail altfuel offering, awareness
Chicago cites station for full-service fraud
Will provide retailers with funding for site investments

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