Fuels News

The latest news on petroleum, diesel and alternative fuel retailing

How recent refinery moves make sub-$1 gasoline less likely

WASHINGTON & GAITHERSBURG, Md. -- After 20 straight days of declines, the national retail average for gasoline increased at the start of this week to $1.70 per gallon, according to AAA, Washington, D.C. AAA cited a seasonal production decline at refineries as they get ready for presummer...

List of lawsuits grows over Renewable Fuel Standard

WASHINGTON -- Valero Energy Corp. is among parties that have filed lawsuits against the U.S. Environmental Protection Agency (EPA) to push the regulator to alter a U.S. policy designed to boost use of renewables in transportation fuels. The country’s top refiner and No. 3 ethanol producer filed a...

Expands cardlock, lubricants business

AUBURN, Calif. -- Continuing its growth trajectory, Flyers Energy LLC has completed the acquisition of Chevron lubricants distributor RE Goodspeed & Sons Distributing of Hesperia, Calif. Goodspeed comprises cardlocks, bulk fuel, bulk lubricant services and transportation. Flyers currently...

Latest EIA forecast predicts lowest annual average in 12 years
President's $10.25-per-barrel fee may be a strategy to "fork" the oil industry, economist says.
Pump price slide continues, oil prices shuffling
Per-barrel fee would pay for "cleaner, more sustainable transportation system".
Amounts uncertain, but state gas-tax roundup reveals legislative intentions, industry concerns
What it means for Murphy USA
Trillium acquisition will add more compressed natural gas locations, new markets