Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

Web bookie taking wagers on gas prices

WILLEMSTAD, Curacao -- A major Internet sports-betting parlor has began offering odds on rising gasoline prices. Pinnacle Sports, an international Internet bookie on the Caribbean island of Curacao, on August 6 began offering odds on future gasoline prices, said Knight Ridder/Tribune. Gamblers can...

$3-a-gallon gas comes to Massachusetts

MARTHA'S VINEYARD, Mass. -- For the first time, gasoline prices have risen above the $3 mark at gas stations on Martha's Vineyard and Nantucket in Massachusetts, reported the Boston Herald. At the Edgartown Mobil on Martha's Vineyard over the weekend, a gallon of regular unleaded gasoline sold for...

Refinery problems, global politics also playing their part

CAMARILLO, Calif. -- Gasoline prices jumped nearly 20 cents in the past three weeks, to $2.5011 for self-serve regular on August 12, up 19.89 cents since July 22. The price broke the all-time record for the third time this year, according to the most recent Lundberg Survey ( www.lundbergsurvey.com...

Gasoline prices may be changing driving habits
Another Day, Another Dollar Margins suffering as oil hits new highs
Oil giant counts on continued high prices
California already crossing over as gas hits $64 a barrel
Suppliers, not stations, mostly responsible for hurricane increases
Two dozen 76 stations left without premium gasoline
Proposed oxygenate repeal raises production concerns