Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

AAA forecasts busiest holiday weekend ever

ORLANDO, Fla. -- More Americans will travel this Fourth of July holiday than have ever traveled for a holiday weekend, according to AAA's holiday travel forecast. AAA estimates that 40.3 million Americans will travel 50 miles or more from home this holiday, a 2.8% increase from the 39.2 million who...

Senate considering amendment requiring FTC gas price investigation

WASHINGTON -- The U.S. Senate could approve an amendment to the energy bill that would require a formal investigation by the Federal Trade Commission (FTC) into whether gasoline prices are being artificially manipulated and if drivers are being gouged. Passage of the amendment authored by Senators...

Raymond, Pickens mull price possibilities

LONDON -- World oil prices dipped after setting a new record on Tuesday, reported Reuters, but potential supply disruptions and fears of a winter fuel crunch kept markets within sight of $60 a barrel. U.S. light crude for July delivery settled down 47 cents at $58.90 a barrel, after setting a...

Station owners seeking defense mechanism to guard against the market's razor scratches.
New GAO report details factors affecting retail fuel costs
Long-term agreement extends four-year supplier relationship
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