Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

Refiners, retailers and consumers await final damage report

NEW ORLEANS -- For months, as consumers have asked for explanations for rising gasoline prices, economists, consultants and politicians have noted that even a small glitch in the gas pipeline could cause at least temporary price jumps at the pump. Thus, as Hurricane Katrina battered the shores of...

Retail gasoline prices jumped 12.62 cents in the past two weeks, to a U.S. average $2.6273 for regular grade, according to the most recent Lundberg Survey.

CAMARILLO, Calif. -- Retail gasoline prices jumped 12.62 cents in the past two weeks, to a U.S. average $2.6273 for regular grade, according to the most recent Lundberg Survey of approximately 7,000 U.S. gas stations. It is the fourth record peak this year. The price remains well below the true...

Other states contemplate gas price caps like Hawaii's

HONOLULU -- Governor Linda Lingle said late last week that she would suspend Hawaii's gasoline price cap law, due to go into effect next week, if either or both of the state's two oil refineries said they would close, reported the Associated Press. Lingle said she would also halt the law if the...

High gas prices driving regulation speculation, calls for controls
Gov. Bush encourages oil companies to send fuel
Venezuelan president provides few details
N.Y. senator pushes gas theft bill; stations experimenting with deterrents
Federal government proposes new CAFE standards
Hawaii on Wednesday became the first state in the United States to set caps on the wholesale price of gasoline, reported the Associated Press.
Mich. Dems offer ethanol legislation package

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