Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

Proposal aims to easy refinery restrictions

WASHINGTON -- A proposed federal bill narrowly approved by the House on Friday could ease requirements oil companies must meet before receiving approval to increase their refinery capacity. The House voted 212 to 210 to approve the bill, which is an effort to deal with the gasoline price spikes and...

As crude futures drop, relationship between oil and gasoline prices changes

NEW YORK -- Even as economic indicators show the global demand for fossil fuel is beginning to soften in the wake of Hurricanes Katrina and Rita, oil refiners are seeing the difference between what crude oil costs and what the refined fuel they produce is selling for soar. So noted two separate...

Alabama store owners accuse Mitchell Oil of price gouging

FORT PAYNE, Ala. -- A group of Alabama convenience store owners has filed a lawsuit against Mitchell Oil Co. in Fort Payne, claiming the fuel distributor gouged them by setting unfair prices, according to a report in the Fort Payne Times-Journal. The eight plaintiffs, whose stores are supplied by...

Auto dealer argues in favor of higher prices
Charlotte, N.C., retailers anticipate continued gas-price increases
Commission approves ordinance for pay before you pump gas
Suppliers still getting over hurricanes' hurdles.
Regulations sought as gouging probes move forward, fall flat
Several Ga. locations post $50 cap signs
Supreme Court, new chief justice, consider Indian reservation fuel taxes