Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

Station owners seeking defense mechanism to guard against the market's razor scratches

AUBURN, Calif. -- As an antidote to fluctuating energy prices and squeezed profit margins, Walt Dwelle and some other independent gas station owners are trying their luck in the world of commodities futures, according to a Wall Street Journal report. They hope to find trading strategies that will...

New GAO report details factors affecting retail fuel costs

WASHINGTON -- A new report from the Government Accountability Office (GAO) provides an explanation of why gasoline costs so much and why it is not likely to get any cheaper, said a report for the Gannett News Service. Among other factors, there is a processing bottleneck. The number of operating...

Long-term agreement extends four-year supplier relationship

GREENSBORO, N.C. -- Gilbarco Veeder-Root has reached an agreement with Ultramar Ltd. in Canada to supply fuel dispensers and related equipment to Ultramar's network of more than 1,000 retail sites. The three-year agreement, which follows a supply agreement between Gilbarco and Ultramar that took...

Senate approves ethanol provision
OPEC says new deal won't cut oil prices.
La. Senate votes to let stations sell at cost; bill that sidelines Odom awaits Blanco's pen.
New MN law drives up punishment for gas thieves
S.D. delegation backs ethanol fuel credit
Bucking crude price hikes, Lundberg says
Parish Oil, Ray Moore claim grocer is selling below cost