Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

Refinery problems, global politics also playing their part

CAMARILLO, Calif. -- Gasoline prices jumped nearly 20 cents in the past three weeks, to $2.5011 for self-serve regular on August 12, up 19.89 cents since July 22. The price broke the all-time record for the third time this year, according to the most recent Lundberg Survey ( www.lundbergsurvey.com...

Gasoline prices may be changing driving habits

SACRAMENTO, Calif. -- Even though California grew by an estimated 539,000 new residents in 2004, its gasoline consumption did not increaseand may have even declined slightly. "Until now, we've had only anecdotal evidence that high gas prices are influencing the behavior of California drivers," said...

Another Day, Another Dollar Margins suffering as oil hits new highs

NEW ORLEANS --Crude oil rose to a record $65 a barrel on Wednesday before settling at $64.90 as refinery shutdowns and rising demand drained fuel inventories for the sixth straight week, according to a report from Bloomberg News. Gasoline and heating-oil futures also touched all-time highs...

Oil giant counts on continued high prices
California already crossing over as gas hits $64 a barrel
Suppliers, not stations, mostly responsible for hurricane increases
Two dozen 76 stations left without premium gasoline
Proposed oxygenate repeal raises production concerns
Saudi king's death, BP refinery fire a double whammy.
Gasland site first in state to offer alternative fuel