gasoline News Updates

Business, Fuel

Texas Drivers Rush to Fill Gas Tanks as Pump Prices Rise

DALLAS — Drivers lined up at gas pumps in parts of Texas Aug. 31 as more stations ran out of gas and prices rose steeply in response to Hurricane Harvey’s impact on Gulf Coast refineries.

August 31, 2017
Business, Logistics

Hurricane Harvey Strengthens as Refinery Risk Lifts Gasoline

Hurricane Harvey strengthened as it headed toward landfall in Texas, forecast to become the worst storm to strike the region in more than a decade. The price of gasoline rallied as the storm threatened to wreak havoc on the heart of America’s energy sector.

, , August 25, 2017
Government, Business, Fuel

Diesel Rises 1.6¢ to $2.507 as Oil Prices Reach Two-Month High

The U.S. average retail price of diesel rose 1.6 cents to $2.507 as crude climbed later in the week of July 24 to its highest price in nearly two months and Saudi Arabia announced it would make additional cuts in oil production, experts said.

July 27, 2017
Government, Equipment, Fuel, TCA

Analysis: Reluctant States Raise Gas Taxes to Repair Roads

Motorists don’t like to pay more at the pump, and lawmakers worry that if they raise taxes on gasoline, they’ll be voted out of office.

July 26, 2017
Business, Fuel

Oil Climbs From Seven-Week High on Signs US Stockpiles Plunged

Oil extended gains from the highest close in seven weeks as industry data showed U.S. crude stockpiles plunged, easing a glut.

July 26, 2017
Business, Fuel, Logistics

Gas Prices See Record Lows Just in Time for Holiday Weekend

National gasoline prices are hovering at an all-time low for the year at $2.26 per gallon — the lowest they’ve been since February, according to auto club AAA.

June 27, 2017
Fuel

Diesel Falls to New Yearly Low of $2.465 a Gallon

The U.S. average retail price of diesel set a new low for the year, falling 2.4 cents to $2.465 a gallon, the Department of Energy reported.

June 26, 2017
Fuel

Oil Tumbles to Lowest Since November as Gasoline Supplies Surge

Oil slipped to the lowest since November as weaker demand at the start of the summer driving season led to another increase in gasoline stockpiles.

June 14, 2017
TCA

Breaking Down California’s New Higher Gasoline Tax

The California Legislature and Gov. Jerry Brown just passed a bill that will plow $52.4 billion in taxes and fees aimed at shoring up California’s freeways, roads and bridges.

April 24, 2017
Business, Fuel

Drivers Won't Pay Much More at Pump This Summer

American drivers paying the most for gasoline since 2015 can take some comfort from forecasts that prices don’t have much further to rise.

April 11, 2017