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By Stephanie Kelly NEW YORK, Feb 13 (Reuters) – U.S. senators reintroduced a bipartisan bill on Thursday that would allow nationwide sales of gasoline with a higher blend of ethanol year-round, a plan that has the support of a leading oil trade group. Senator Deb Fischer, a Republican from Nebraska, introduced the bill with senators …
US Senators Reintroduce Bill to Allow Year-Round, Nationwide E15 Sales Read More »
Summary • Energy imports from Canada will have 10% duty, Mexican energy tariffs to be 25% • Tariffs mean higher costs for finished fuels like gasoline • US East Coast may have to turn to European fuel imports (Reuters) – U.S. consumers will see higher prices at the gas pump from President Donald Trump’s decision …
Pump Prices Set to Rise as Trump Tariffs Hit Closest Allies, Canadian, Mexican Oil Read More »
By Shariq Khan Colonial crews still searching for source of suspected gasoline leak in Georgia Line 1 outage duration on par with Colonial shutdown in 2021 due to cyberattack Market impact limited by high stockpiles, refinery output NEW YORK, Jan 15 (Reuters) – Colonial Pipeline’s main U.S. gasoline artery is expected to remain shut through …
Colonial Pipeline’s Main US Gasoline Artery Likely Shut Until Friday Read More »
(Reuters) – Colonial Pipeline, the largest U.S. fuel pipeline operator, said on Tuesday that the main artery moving gasoline from the U.S. Gulf Coast to the East Coast has been shut since Monday night due to a potential spill in Paulding County, Georgia. Line 1 was temporarily shut as operator Colonial Pipeline responds to a …
Colonial Pipeline Shuts Main Gasoline Artery After Potential Gasoline Spill Read More »
(Reuters) – Average U.S. gasoline prices fell below $3 a gallon for the first time in over three years on Monday, extending a run of bargains at the pump for consumers who have faced soaring inflation in recent years. Fuel prices have been declining steadily since the end of the peak summer driving season, helping boost …
US Average Gasoline Price Drops Below $3 a Gallon for the First Time Since 2021 Read More »
Summary Tariffs could raise US fuel prices by 10%, analysts say Many refineries configured to run heavy Canadian grades Midwest refineries most reliant on Canadian crude imports Gulf Coast refiners have some capacity to import more OPEC oil (Reuters) – U.S. President-elect Donald Trump’s pledge to impose tariffs on Canada would drive up fuel prices for …
Nov 26 (Reuters) – Chevron (CVX.N) said on Tuesday that California’s recently enacted legislation on oil refineries needing to maintain minimum fuel stocks was “flawed,” according to a letter sent by the company to state Congress members. California, the most populous U.S. state, consistently experiences some of the nation’s highest average gas prices, leading to …
Chevron Sees California’s Fuel Inventory Law Raising Prices for Customers Read More »
(Reuters) – U.S. oil refiners’ third quarter profits are expected to fall from last year on weakening margins as fuel demand softened and new refining capacity came online, energy analysts said. Refiners have come off favorable pricing and strong demand after the pandemic and Russia’s invasion of Ukraine boosted margins to record levels. U.S. gasoline …
U.S. Fuelmakers to Report Lower Q3 profits on Weaker Margins, Fuel Demand Read More »
(Reuters) – U.S. gasoline demand rose by more than 1.1 million barrels per day in the week ended Oct. 4, the sharpest weekly increase since February 2001, data from the U.S. Energy Information Administration showed on Wednesday. Product supplied of gasoline, EIA’s measure of demand, hit 9.7 million barrels last week for the first time …
US Gasoline Demand Rose by the Most in a Single Week Since 2001, EIA Data Shows Read More »
Summary US avg. gasoline price set to dip to $2.99/gal by late Oct. Lower fuel prices could help Democrats in election Pump prices down sharply in competitive ‘swing states’ Wild Card: Hurricane Francine churns through oil patch (Reuters) – U.S. motorists should see gasoline prices fall below $3 a gallon for the first time in …
U.S. Gasoline Prices Set to Fall Under $3/gallon as Election Nears Read More »
