Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

DOE issues notice for 30 million bbl. of emergency crude; gas stockpile possible

WASHINGTON -- Hurricane-hit refiners have until Friday afternoon to submit bids for 30 million barrels of crude oil offered for sale from the government's emergency stockpile, the U.S. Department of Energy (DOE).According to a Reuters report, the sale was expected to help calm crude oil prices,...

Unbranded retailers hit worse, OPIS says; some stations run dry, CSP poll shows

ROCKVILLE, Md. -- With a critical slice of the nation's refining capacity crippled, jobbers and retailers uncertain about supply and pump prices cresting well above $3 per gallon, an interesting picture is being drawn, but rather than depicting winners and losers, this one shows losers and serious...

AAA urges fuel efficiency, accurate mpg testing, uniform clean fuel standard

WASHINGTON -- Too many gasoline blends, an outdated fuel economy test and too many large vehicles have contributed to making the nation's gasoline supply vulnerable in the aftermath of Hurricane Katrina, according to AAA. In testimony before the U.S. Senate Energy & Natural Resources Committee...

Will operate at zero gas, merchandise margin in response to disaster
Deal creates largest North American refining company
Lifting taxes, monitoring prices, states looking out for consumers
NACS reschedules convention; pipeline oil starts to flow again
IEA offers 2 million barrels of crude oil, products/day for 30 days
Oil company wins insurance suit over definition of occurrence
Marketers, retailers await solutions to the gasoline retailing mess