Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

Prices expected to rise as winter nears

TOKYO -- Oil hovered at $61 on Friday as the market balanced growing U.S. crude stockpiles with concerns over heating fuel supply in the face of a looming winter and slow output recovery in the Gulf of Mexico, according to Reuters. U.S. light crude edged up 8 cents to $61.17 a barrel after gaining...

Company president calls CSP story misleading, offers reply

HOUSTON -- Responding to the cover story of the October issue of CSP Magazine, CITGO president and CEO Felix Rodriguez defended the company's gasoline supply and retail programs, calling the story's headline -- CITGO or CITGone? -- misleading. In a letter to CSP group editor Mitch Morrison,...

Senate committee deadlocked on proposal

WASHINGTON -- A partisan fight in a Senate committee appears to have doomed new federal incentives to increase the nation's oil-refining capacity, at least for this year, according to a report in The Wall Street Journal. The Senate Environment and Public Works Committee deadlocked 9-9 on Wednesday...

Gilbarco details efforts to help retail industry recover after Katrina
Record pump price crash, Lundberg says
Cleanup under way following 21st named storm of the year
Trimming boutique fuels top of mind at annual SIGMA meeting
Retailers playing margin catchup after Katrina spikes
Fla.'s petroleum retailers, suppliers said pre-Wilma gas situation relatively normal.
API Monthly Statistical Report for September 2005