Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

Analyst predicts world crisis, possibly war, over petroleum supply

LONDON -- Oil prices could rise to $100 within six months, plunging the world into an unprecedented fuel crisis, oil analyst Matt Simmons has warned. After crude surged through $60 a barrel last week, nervous investors were pinning their hopes on a buildup in U.S. oil stocks to depress prices in...

FTC report details factors affecting retail gas prices

WASHINGTON -- Changes in the price of crude oil have led to 85% of the changes in the U.S. retail price of gasoline , while other major factors have included increasing demand; supply restrictions; and federal, state and local regulations such as clean fuel requirements and taxes, said a new report...

A Minnesota lawmaker wants to repeal a state law that she believes is prompting higher retail gasoline prices.

SAINT PAUL, Minn. -- A Minnesota lawmaker wants to repeal a state law that she believes is prompting higher retail gasoline prices. State Representative Joyce Peppin (R) argues that a minimum gas pricing law thwarts competition and is not necessary because retailers are already protected against...

NASCAR Nextel Cup forecast to take prize
Myrtle Beach driveoff measure kicks in; state driveoff law roundup
Reimaging of Diamond Shamrock stores to increase brand presence
Gas with soybean additive said to improve fuel economy
Automaker will recommend oil company's fuels.
Resort towns nationwide, worried that high gasoline prices will keep visitors away, are offering free gasoline as an incentive for people to travel.
Critics say switch to ethanol would increase pollution

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