U.S. on track for record summer gasoline demand
The United States will probably consume a record amount of gasoline in 2016, passing the previous peak set in 2007, and the prospect is helping lift crude oil prices.
The United States will probably consume a record amount of gasoline in 2016, passing the previous peak set in 2007, and the prospect is helping lift crude oil prices.
Saudi Aramco, the state oil company of OPEC’s most powerful player, recently announced plans to take full control of the sprawling Port Arthur, Texas refinery. The Gulf Coast facility is the largest refinery in the U.S. and can process 600,000 barrels of oil a day.
A state program that aims to make clean vehicles more accessible to California drivers will soon implement increased incentives for low- and moderate-income consumers.
If you look around your neighborhood, you will probably find that people who are buying premium gas are getting hosed at the pump.
The 21st century version of the American gold rush is coming to a swift end.
Gasoline retailers in Iowa plan to add a large number of renewable fuel pumps this year to sell gasoline with a higher percentage of ethanol.
The Obama administration, in a significant reversal, announced Tuesday it was withdrawing a planned oil and natural gas lease sale off the southeast Atlantic coast, prompting cheers from coastal communities and environmentalists but criticism from oil companies and some state leaders.
Declining prices and extra pipeline capacity have shrunk U.S. crude by rail shipments, according to an analysis by the U.S. Energy Information Administration.
A dozen gas stations in San Diego County offer E85, compared to 1,000 conventional stations. Most E85 pumps came online within the past few years, including four in 2015.
In simplest terms, the Corporate Average Fuel Economy (CAFE) standards are where national security meets cleaner air. Read more →