Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

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

AUBURN, Calif. -- As an antidote to fluctuating energy prices and squeezed profit margins, Walt Dwelle and some other independent gas station owners are trying their luck in the world of commodities futures, according to a Wall Street Journal report. They hope to find trading strategies that will...

New GAO report details factors affecting retail fuel costs

WASHINGTON -- A new report from the Government Accountability Office (GAO) provides an explanation of why gasoline costs so much and why it is not likely to get any cheaper, said a report for the Gannett News Service. Among other factors, there is a processing bottleneck. The number of operating...

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.
S.D. delegation backs ethanol fuel credit
New MN law drives up punishment for gas thieves
Bucking crude price hikes, Lundberg says