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Keyword: gasoline

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  • GOP Lawmakers Refuse to Help Fund Gas Tax Repeal Effort

    04/18/2018 1:02:44 PM PDT · by HKMk23 · 14 replies
    Reform California ^ | 4/18/2018 | Self
    As Californians are painfully aware, the Democrat Stronghold of Sacramento this year levied upon them an additional gasoline tax that soaks motorists for nearly twenty cents per gallon. Yes, on its face, it's "only" twelve cents per gallon, but nothing in Sacramento is as it appears. Democrats inserted language that alters the way that tax is calculated, and that little bit of typical Democrat chicanery accounts for the difference between what they say, and what drivers actually pay. As fewer Californians know, Reform California, with Carl DeMaio as Chairman, is leading the push to place an Initiative on the November...
  • Pain In The Pump: Gas Prices On The Rise

    04/03/2018 1:05:55 PM PDT · by Red Badger · 38 replies
    baltimore.cbslocal.com ^ | 04-03-2018 | Staff
    BALTIMORE (WJZ) — The cost of gas is up across the country, including in Maryland, and is inching toward the highest price in three years. Gas is going up about a penny every other day — 15 cents in the past month. “We’ll be paying the highest prices for this time of year since 2014,” said Christine Delise with AAA. Gas companies are changing over to a different summer blend. To do so, some refineries shut down, leading to the classic market principal of supply and demand. A tighter supply means they can demand more for your fuel. Demand is...
  • Jefferson County 8th grader dead after trying to light fire with 5 gallons of gasoline

    02/21/2018 11:14:11 AM PST · by BBell · 49 replies
    http://www.al.com/ ^ | 2/20/18 | Carol Robinson
    A Jefferson County teen has died after he was burned while trying to start a fire nearly one week ago. Jefferson County Sheriff's Office officials said they were notified Thursday by a hospital social worker that the teen had suffered severe burns and would be taken off life support, said Chief Deputy Randy Christian. Authorities didn't release the teen's name but a GoFundMe account set up in his name and multiple social media posts identified him as Sam Gean, an eighth-grader at Corner Middle School where he played the trumpet in the school band. The fundraising account said he was...
  • After Irma, new energy for Interstate 75 relief

    02/16/2018 5:09:16 PM PST · by Tolerance Sucks Rocks · 4 replies
    The Fresno Bee ^ | February 16, 2018 | Cindy Swirko, Ocala Star Banner
    OCALA, Fla. In mid-2016, a regional task force that spent almost two years exploring ways to improve safety on a crowded Interstate 75 decided to take a conservative approach: make changes to the highway rather than build or expand other roads. Then Hurricane Imra blew into Florida and thousands of people trying to flee its path got stuck, many of them in Ocala and points north and south. Now, a new road with a potential route through Marion and Alachua counties may be back on the table, if not exactly speeding ahead. "I think they are going to do it...
  • Hey, Feds, Take Your Ethanol Mandate and Shovel It!

    01/23/2018 7:10:46 AM PST · by Kaslin · 37 replies
    Townhall.com ^ | January 23, 2018 | Tom Purcell
    My back is sore from shoveling snow - and it's the federal government's fault. Maybe I'd better explain. We've been getting lots of snow in Pittsburgh of late. When it snows, I need to clear two driveways: mine, which is 50 yards long, and my father's, which is almost as big. Since my father is having trouble with his knees, I gave him my magnificent new Toro snowblower; it's a convenience for me to have it in his garage, so I can clear his driveway in fewer than 15 minutes. I purchased an equally powerful, used snowblower to tend to...
  • Turning Soybeans Into Diesel Fuel Is Costing Us Billions

    01/17/2018 2:17:34 PM PST · by Governor Dinwiddie · 55 replies
    NPR ^ | January 16, 2018 | Dan Charles
    This year, trucks and other heavy-duty motors in America will burn some 3 billion gallons of diesel fuel that was made from soybean oil. They're doing it, though, not because it's cheaper or better, but because they're required to, by law. The law is the Renewable Fuel Standard, or RFS. For some, especially Midwestern farmers, it's the key to creating clean energy from American soil and sun. For others — like many economists — it's a wasteful misuse of resources.
  • Massachusetts AG Maura Healey wants climate change warnings on gas pumps

    12/09/2017 1:32:41 PM PST · by Zakeet · 101 replies
    Washington Examiner ^ | December 8, 2017 | John Siciliano
    Massachusetts Attorney General Maura Healey wants gas station owners to post warnings at the pump that say customers are spurring climate change by filling up their tanks. The idea came up in oral arguments in Massachusetts Supreme Judicial Court Tuesday in a case challenging Exxon Mobil's record on addressing the threat of global warming and the attorney general's claim that the company misinformed the public over the threat. Justice Frank Gaziano asked how gas stations are involved in "deception or fraud related to climate change." "Because, your honor, the gas sold at those gas stations is among the premier contributors...
  • GOP Lawmakers Confront Trump Over EPA’s Unworkable Biofuels Mandate

    12/07/2017 9:17:00 PM PST · by Tolerance Sucks Rocks · 19 replies
    The Daily Caller ^ | December 7, 2017 | Chris White
    President Donald Trump will meet with a group of Republican lawmakers Thursday to discuss ways of addressing problems oil refiners have with the EPA’s biofuels mandate. Texas Sen. Ted Cruz is among nearly a dozen Republican lawmakers prepared to confront Trump over his administration’s refusal to ratchet down the biofuel standard. They want to find a way to lessen the impact the standards have on oil refiners. “President Trump will meet with senators today to discuss his commitment to the Renewable Fuel Standard and how to effectively address the program’s impact on independent refiners,” White House spokeswoman Lindsay Walters said...
  • Goldman: Automated Trucks To Cost 300k Jobs Per Year

    11/14/2017 3:11:58 PM PST · by bananaman22 · 64 replies
    Oilprice.com ^ | 14-11-2017 | Jon
    While Google’s Waymo company has taken center stage for bringing self-driving cars to roads, autonomous trucking may make it to the mainstream first. Silicon Valley startups, technologists, and venture capitalists see great potential in the technology—even more than most traditional trucking companies are supporting. CB Insight, which tracks venture capital, reports that companies will place about $1 billion in commercial truck autonomous systems this year, 10 times the level of spending three years ago. Goldman Sachs economists predicted that trucking will shed about 300,000 jobs per year starting in about 25 years. That may begin sooner than anticipated if automated...
  • Trump Bends The Knee To King Corn

    10/20/2017 9:32:18 AM PDT · by Tolerance Sucks Rocks · 53 replies
    Investor's Business Daily ^ | October 19, 2017 | Investor's Business Daily
    Corny Capitalism: This is one campaign promise we wish President Trump would break. But alas, he just told his EPA to give up any thought of cutting back on the federal government's anti-consumer, anti-environment ethanol mandate. Sad. The story begins in 2005, when President Bush approved the Renewable Fuel Standard program as part of an energy bill, which required oil refiners to blend in predetermined amounts of "biofuels" into their gasoline, starting at 4 billion gallons in 2006. A revised version of the RFS, which Bush signed in 2007, expanding the program, requiring ethanol levels to climb steadily to 36...
  • Hurricanes Aren't the Only Reason Gas Prices Are High

    10/19/2017 1:13:49 PM PDT · by TBP · 18 replies
    The Foundation for Economic Education (FEE) ^ | October 19, 2017 | Jacob R Borden
    Hurricanes Harvey, Irma, and Nate highlighted the exposure to life and property all along the Gulf Coast. Of the critical national assets that took a hit, the crux of the U.S. refining industry suffered dramatically. As a result of Harvey alone, twenty refineries in the 300 miles between Corpus Christi and Beaumont were forced to shut down or dramatically reduce rates. The spot price of ultra-low sulfur diesel (ULSD) promptly increased by 10%, while that for gasoline and jet fuel increased by 25%. All three prices remain about 10% higher than before the hurricanes, in part due to regulatory constraints...
  • Has Trump finally seen the light on ethanol and the RFS?

    10/17/2017 6:16:26 AM PDT · by rktman · 61 replies
    hotair.com ^ | 10/16/2017 | Jazz Shaw
    But then in September, the EPA truly infuriated the biofuel industry by floating the idea of bringing the proposed total even lower, and of revisiting other renewable fuel requirements for 2018 and 2019 finalized under the Obama administration. The proposal is in line with what the oil and gas industry want (those energy producers think the RFS adds to the cost of refining petroleum and wants to see Congress rewrite the underlying 2005 law). “Until Congress acts to address the structural flaws with the RFS,” Frank J. Macchiarola of the American Petroleum Institute wrote in a letter to the EPA...
  • N. Korea runs out of gas; only the elite can now fill their cars

    10/05/2017 9:49:46 PM PDT · by TigerLikesRooster · 37 replies
    Asahi Shimbun ^ | October 4, 2017 | YOSHIHIRO MAKINO
    N. Korea runs out of gas; only the elite can now fill their cars By YOSHIHIRO MAKINO/ Correspondent October 4, 2017 at 15:40 JST SEOUL--Only the elite and selected military heavyweights in North Korea can get their cars tanked up as international sanctions start to bite. The regime in Pyongyang imposed the ban on gasoline stand sales in late September, according to a source here who is knowledgeable about goings-on in the reclusive country. The move was apparently taken to prepare the nation for the impact of U.N. economic sanctions to protest North Korea's repeated ballistic missile launches and sixth...
  • China looks at ending sales of gasoline cars

    09/09/2017 9:53:49 PM PDT · by Olog-hai · 59 replies
    Associated Press ^ | Sep 10, 2017 12:35 AM EDT | Joe McDonald
    China is joining France and Britain in announcing plans to end sales of gasoline and diesel cars. China’s industry ministry is developing a timetable to end production and sale of traditional fuel cars and will promote development of electric technology, state media on Sunday cited a Cabinet official as saying. The reports gave no possible target date, but Beijing is stepping up pressure on automakers to accelerate development of electrics. China is the biggest auto market by number of vehicles sold, giving any policy changes outsize importance for the global industry. A deputy industry minister, Xin Guobin, said at an...
  • (Hurricane) Harvey throws a wrench into U.S. energy engine

    08/28/2017 8:30:34 AM PDT · by Perseverando · 31 replies
    Reuters ^ | August 27, 2017 | Ernest Scheyder and Erwin Seba
    HOUSTON (Reuters) - A hurricane in the heart of the U.S. energy industry is set to curtail near-record U.S. oil production for several weeks, with the impact expected to reverberate throughout the country and across international energy markets. Harvey hit the Texas shore as a fierce Category 4 hurricane, causing massive flooding that has knocked out 11 percent of U.S. refining capacity, a quarter of oil production from the U.S. Gulf of Mexico, and closed ports all along the Texas coast. Gasoline futures jumped as much as 7 percent to their highest level in more than two years in early...
  • About 25 percent of U.S. Gulf oil output offline due to Harvey

    08/26/2017 4:58:15 PM PDT · by BenLurkin · 10 replies
    reuters ^ | August 26, 2017 / 11:29 AM / 5 hours ago
    That equates to roughly 428,568 barrels of oil per day out of the roughly 1.75 million bpd pumped from the Gulf. The amount of oil production offline increased from Friday, when roughly 22 percent of output was affected. About 26 percent of Gulf natural gas production is offline, or about 835 million cubic feet per day, BSEE said
  • California should phase out gas-powered cars

    08/08/2017 10:43:37 PM PDT · by 2ndDivisionVet · 80 replies
    The San Francisco Chronicle ^ | August 8, 2017 | Janelle London
    California is a global environmental leader, but it’s falling behind in one key respect: phasing out gasoline cars. Germany, India, Norway and the Netherlands are moving to ban the sale of gas-powered vehicles by or before 2030, and France and the United Kingdom by 2040. Here’s why California should join that list. It would: Fight climate change: Every gallon of gas burned emits 20 pounds of carbon dioxide, the main driver of climate change. Transportation is our biggest source of carbon emissions. Shifting to electric vehicles today would cut tailpipe carbon emissions to zero, and total carbon emissions by 75...
  • All fossil-fuel vehicles will vanish in 8 years

    05/19/2017 6:18:20 PM PDT · by Lorianne · 117 replies
    Financial Post ^ | 16 May 2017 | Ambrose Evans-Pritchard
    No more petrol or diesel cars, buses, or trucks will be sold anywhere in the world within eight years. The entire market for land transport will switch to electrification, leading to a collapse of oil prices and the demise of the petroleum industry as we have known it for a century. This is the futuristic forecast by Stanford University economist Tony Seba. His report, with the deceptively bland title Rethinking Transportation 2020-2030, has gone viral in green circles and is causing spasms of anxiety in the established industries. Seba’s premise is that people will stop driving altogether. They will switch...
  • Slump at the Gas Pump Continues Ahead of Summer Driving Season

    05/13/2017 2:41:55 AM PDT · by Paul R. · 27 replies
    GasBuddy.com ^ | May 8, 2017 | Patrick DeHaan
    The bulk of the decline in gasoline prices can be thanked on a recent plunge in crude oil prices as concern over weak demand and high supply has offset sentiment about last November’s OPEC production cuts. The number of U.S. rigs drilling stands at 877, a rise of 7 in the last week, but 462 more rigs- 111% more- than a year ago. While OPEC cut oil production, U.S. and Canadian oil companies have filled the gap, leaving OPEC to lose market share. How long the charade continues is up to OPEC, who will decide in a few weeks whether...
  • North Korea: Car users in Pyongyang scrambling to fill up their tanks

    04/22/2017 6:32:32 AM PDT · by topher · 27 replies
    The Telegraph (UK) ^ | April 22, 2017 | AP
    Car users in Pyongyang are scrambling to fill up their tanks as gas stations begin limiting services or even closing amid concerns of a spreading shortage. ...