Keyword: fuelprices

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  • Stats show Americans not that into driving anymore

    08/29/2013 3:38:01 AM PDT · by Olog-hai · 61 replies
    Associated Press ^ | Aug 29, 2013 3:19 AM EDT | Joan Lowy
    Driving in America has stalled, leading researchers to ask: Is the national love affair with the automobile over? After rising for decades, total vehicle use in the U.S.—the collective miles people drive—peaked in August 2007. It then dropped sharply during the Great Recession and has largely plateaued since, even though the economy is recovering and the population growing. Just this week the Federal Highway Administration reported vehicle miles traveled during the first half of 2013 were down slightly, continuing the trend. … Researchers are divided on the reasons behind the trends. One camp says the changes are almost entirely linked...
  • Air Resources Board, it’s from the government and here to help you. Right.

    04/25/2012 10:33:59 AM PDT · by Mark Landsbaum · 2 replies
    As we’ve seen, you can’t believe what politicians tell you. Yes, that’s a shocker, we know. But voters seem to buy the same old clap trap time after time then wonder what went wrong. Just more evidence of our point from some weeks ago. So, you might recall some years ago the Legislature adopted and the governor at that time, a former movie actor, signed into law the much trumpeted Global Warming Solutions Act. What could go wrong? . . .
  • Pelosi Statement on President Obama’s Plan to Crack Down on Oil Market Manipulation

    04/17/2012 10:15:23 AM PDT · by Sub-Driver · 15 replies
    Pelosi Statement on President Obama’s Plan to Crack Down on Oil Market Manipulation April 17, 2012 Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today after President Obama announced a five-part initiative to increase oversight and crack down on excess speculation and price manipulation in oil markets: “Today, the President announced responsible actions to curb excess speculation in energy markets that drives up prices at the pump and causes pain for millions of middle class Americans. Democrats stand ready to act on these proposals now – to put more ‘cops on the beat’ overseeing oil markets, to...
  • Report: U.S. Blaming Israel for Rising Fuel Prices

    04/02/2012 5:45:29 PM PDT · by Eleutheria5 · 26 replies
    The Obama administration is blaming Israel for the recent rise in global crude oil prices, according to a Sunday report in The World Tribune. The rise in fuel prices is deemed as harming the U.S. economy and has also hurt Obama in the polls as he seeks re-election in November. The report cited a leading U.S. analyst, Robert Satloff, who returned from talks with Israeli officials. Satloff, executive director of the Washington Institute for Near East Policy, said, according to The World Tribune, that the Israeli leadership saw Washington as attributing the higher gas prices to “Israel’s posturing” on Iran....
  • Obama doesn't accept responsibility for gas prices

    02/22/2012 12:31:45 PM PST · by AtlasStalled · 39 replies
    The Examiner ^ | 2/22/12 | Joel Gehrke
    President Obama does not "accept responsibility" for high gas prices, his spokesman indicated today, arguing that Obama has done everything he could to bring down the price of oil and blaming the high gas prices on oil price increases caused by global factors.
  • $5 gas coming .... ?

    01/24/2012 8:41:31 PM PST · by smokingfrog · 57 replies
    click2houston.com ^ | 24 Jan 2012 | unattributed
    HOUSTON - A former Houston oil executive predicts drivers could be paying $5 for a gallon of gas by the end of the year, and says politicians in Washington D.C. are to blame. John Hofmeister is the retired president of Shell Oil. He currently runs the non-profit group Citizens for Affordable Energy. "It was actually December, 2010, when I predicted $5 gasoline by the end of 2012," said Hofmeister. "And, I said then, 'I hope I'm wrong.' My concern is I won't be wrong." Some energy price analysts have said Hofmeister's prediction is likely off by at least $1 --...
  • Gasoline prices rise even as oil futures fall

    04/13/2010 4:53:55 PM PDT · by smokingfrog · 10 replies · 436+ views
    latimes.com ^ | 4-13-10 | Ronald White
    Supplies of gasoline are near a 17-year high, so filling up should be cheaper soon, an analyst says. Retail gasoline prices rose nationally in the last week, the Energy Department said Monday, but analysts said there was strong reason to believe that pump prices should be falling soon. The average price of a gallon of regular gasoline rose nationally by 3.2 cents to $2.858, according to the Energy Department's weekly telephone survey of service stations. California's average was nearly unchanged for the fourth straight week, climbing just 0.8 of a cent to $3.096 a gallon. Gasoline supplies are near a...
  • Delta (DAL): The Noose Tightens Around The Airline Industry

    06/11/2009 4:01:12 PM PDT · by FromLori · 14 replies · 656+ views
    Wall St 24/7 ^ | 6/11/09
    All of the fuel-hedging, layoffs, capacity and route-cutting the airline industry did last year in an attempt to offset the rising price of fuel has gone for nothing. Delta (DAL) announced today that it would need to make more significant reductions in available seats and the process would cost many more people their jobs. According to the AP, most of the $6 billion benefit that Delta got from its NWA merger and resulting capacity reductions will be washed away by falling revenue due to the global recession. Delta will chop its number of international seats by 15%. The news is...
  • Fuel to remain scarce in western NC another week (Asheville)

    09/23/2008 2:44:15 PM PDT · by lainie · 5 replies · 93+ views
    Business Week ^ | 9-23-08
    Officials in the Asheville area say they don't expect fuel to begin flowing normally again for at least another week and are urging drivers to conserve gasoline. Buncombe County said Tuesday there is enough gas in the area to keep police cars and fire trucks fueled, and officials promised the shortage won't affect 911 service. But all non-emergency county staff have been asked to work an alternate schedule or from home. And officials say area residents should consolidate their trips to conserve fuel and consider avoiding trips that aren't necessary. Hurricane Ike closed oil refineries along the Gulf Coast. Analysts...
  • Drill 4Oil Now.org

    07/14/2008 10:21:47 AM PDT · by Foolsgold · 15 replies · 74+ views
    Drill 4 oil now.org ^ | 7-11-2008 | Drill 4 Oil Now.org
    Our mission is to inspire Americans to pressure their representatives in government to do what’s necessary for the United States of America to become energy independent. Included in this mission is a commitment to remind all American Citizens of the powerful premise on which our Constitution was based:
  • April 28 convoy to Washington, DC, will protest fuel prices

    04/26/2008 2:45:30 PM PDT · by Pete-R-Bilt · 26 replies · 525+ views
    Land Line Magazine ^ | April 25, 2008 | Clarissa Kell-Holland
    April 28 convoy to Washington, DC, will protest fuel prices As a rocky economy continues to beat up the trucking industry, many truckers around the country are banding together to show their outrage at high fuel prices and how they are struggling to just break even.OOIDA members Michael “JB” Schaffner of Nocona, TX, is one of the organizers of a national truck convoy and rally scheduled for Monday, April 28, in Washington, DC. The group is protesting rising fuel costs and how they are negatively affecting the entire economy. Click here for rally and route information.“People need to wake up...
  • Truckers Protest High Fuel Prices, Clog NJ Turnpike

    04/01/2008 5:16:53 PM PDT · by SkyPilot · 101 replies · 143+ views
    Yahoo News ^ | 1 April 08 | None
    RIDGEFIELD, N.J. -- Truckers angry about the high price of fuel staged a rolling protest on Tuesday, using their big rigs to slow traffic to a crawl on the New Jersey Turnpike. The protest was part of a loosely organized nationwide effort by independent truckers to draw attention to the high prices they face. On the Turnpike, southbound rigs "as far as the eye can see" slowed to about 20 mph near Newark around lunchtime -- jamming traffic on one of the nation's most heavily traveled highways. State Police said several drivers were issued tickets as troopers broke up the...
  • If the American Trucker Fails, So Will the Nation

    03/26/2008 7:37:44 AM PDT · by captjanaway · 36 replies · 1,091+ views
    Family Security Matters ^ | 3/26/08 | Mark R. Taylor
    The Fed is bailing out banks that irresponsibly loaned money to home buyers (that the home buyers could not afford to pay back). Meanwhile, many Americans are blithely waiting for their IRS “rebate” checks – a feel-good, election year tactic to “stimulate the economy.” Yet the United States is facing a different – and serious – economic crisis. If this crisis is left unchecked, it could leave grocery stores with empty shelves and the local mall with fewer gadgets and gizmos. In 1987, I purchased my first truck for $50,000 and my first trailer for $9,000. Fuel was 67 cents...
  • Cato Scholar Comments on New Energy Bill

    12/19/2007 10:12:53 AM PST · by Tolerance Sucks Rocks · 142 replies · 674+ views
    Cato Institute ^ | December 19, 2007 | Jerry Taylor
    The energy bill to be signed by the president today is arguably the worst piece of energy legislation ever enacted into law. It will substantially increase the price of automobiles, increase highway fatalities, increase fuel prices, worsen air pollution, and force consumers to buy products (like super-efficient light bulbs) that they manifestly -- and for very good reason -- do not want to buy. It will transfer huge amounts of wealth from the consumer to the farm lobby in the course of promoting a dubious product -- ethanol -- that will make energy supplies less reliable and greenhouse gas emission...
  • Oil Prices Likely to Surge to New Record Highs

    04/11/2006 12:38:37 PM PDT · by ex-Texan · 108 replies · 2,414+ views
    Reuters ^ | 4/11/2006 | Staff Writers
    LONDON (Reuters) - An influx of fresh fund buying and geopolitical worries will most likely push oil prices to new record highs soon, analysts said on Tuesday, while the most bullish predicted prices to eventually climb to $100 (57 pounds) a barrel.Supply concerns in Nigeria, Iran and other key oil-producing countries have ignited U.S. crude prices , up 13 percent this year and within $2 of the all-time record high of $70.85, reached in late August 2005 in the wake of hurricane damage in the United States. Analysts predicted the market to rally even further as high oil prices have...
  • Working class boating crunch is here.

    04/09/2006 5:58:02 PM PDT · by Capt. Tom · 122 replies · 2,677+ views
    self | April 9, 2006 | Capt. Tom
    Another working man's boating disaster is on the way. The economy is good; but the high prices of marina fuel, marina slips, boat insurance, maintenance, is going to kill boating for a lot of working people starting this coming season. I see a repeat of the early 1990s, when I moved from the Boston area to Boston's south shore. I went to a local marina and asked to get on a waiting list for a boat slip, I knew it would take years to get in. I was laughed at, the marina operator told me he had a waiting list...
  • El Al (Israeli airline) profit up despite fuel prices

    11/24/2005 12:43:03 PM PST · by anotherview · 4 replies · 437+ views
    Globes ^ | 24 November 2005 | Yuval Mendelson
    El Al profit up despite fuel prices The airline’s revenue rose 17% to $485.2 million in the third quarter, and profit was $52.2 million. Yuval Mendelson 24 Nov 05 09:39El Al Israel Airlines (TASE: ELAL), controlled by Knafaim-Arkia Holdings (TASE: KNFM), today reported its results for the third quarter of 2005. The report can be summarized as an improvement, despite higher fuel prices. It is important to mention that, over the past year, ticket prices charged by El Al and other international airlines have risen along with fuel prices. El Al posted a $52.2 million net profit in the third...
  • HEY KIDS! Make your own Biodiesel at home.

    08/13/2005 5:13:22 AM PDT · by Brainhose · 1 replies · 510+ views
    Internet ^ | Today | Brainhose
    The President has spoken several times about Biodiesel, and then I find out a friend in Maine has a neighbor who makes it in his garage. Of course I was intrigued.If I had a diesel car I'd probably make it myself.Anyway, it seems pretty interesting.
  • Nigeria’s Oil Exports Strike Scheduled for Nov. 16 - May Lead to Higher U.S. Fuel Prices

    11/15/2004 1:22:57 PM PST · by DDavenport · 12 replies · 576+ views
    News Informant ^ | November 15, 2004 | Bernard Perlstein
    Nigerian Strike To Focus On Oil ExportsNigeria’s largest labor organization has called for its 2nd national strike — to start Nov. 16 — against recent government hikes in the domestic retail oil price. This strike, however, is strategically aimed at stopping Nigeria’s lucrative oil exports. Nigeria is the world’s seventh largest oil producer, and is the fifth largest provider of oil imported by the United States. If the strike is effective, its effects could ripple through the global oil economy, causing wholesale prices to rise beyond its recent record levels, and raising U.S. gas and fuel prices.
  • Rising fuel costs pinching everyone:From big business to daily commuter, squeeze felt by all

    03/07/2004 1:04:05 AM PST · by sarcasm · 3 replies · 86+ views
    Houston Chronicle ^ | March 7, 2004 | BILL HENSEL JR. and NELSON ANTOSH
    If you think your gas bill is high, you ought to see Larry Dean's. His business, Allied Powder Coatings, uses natural gas to fire enormous ovens that bake coatings onto everything from shabby patio furniture to airplane parts. "Our gas bill started creeping up and then jumped 40 percent year before last," Dean said. "Then it went up last year, and (I) think it is going to go up again this year. My gas bill is like $10,000 a month." And when he passes on those costs to customers, he sometimes catches heat from them. Dean's not alone, not by...
  • Gasoline Prices Shoot Up

    03/12/2002 5:27:15 PM PST · by Tumbleweed_Connection · 99+ views
    NewsMax ^ | 3/13/02 | (UPI)
    LOS ANGELES #150; A sure sign that summer is on the horizon appeared Tuesday when AAA reported that the price of gasoline had reached its highest level since early November. The national average for a gallon of self-serve regular climbed 9.5 cents in the last month to $1.215 a gallon on the back of higher crude prices and the anticipation of higher demand in summer. quot;While gas prices are still lower than they were last year at this time, the combination of Middle Eastern strife, a stronger economy and the traditional switch from winter to more expensive summer-grade gasoline are...