Keyword: gasoline

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  • Corn for Food, Not Fuel.

    07/31/2012 2:57:54 AM PDT · by carriage_hill · 14 replies
    NY Times (Op-Editorial) ^ | July 30, 2012 | COLIN A. CARTER and HENRY I. MILLER
    IT is not often that a stroke of a pen can quickly undo the ravages of nature, but federal regulators now have an opportunity to do just that. Americans’ food budgets will be hit hard by the ongoing Midwestern drought, the worst since 1956. Food bills will rise and many farmers will go bust. An act of God, right? Well, the drought itself may be, but a human remedy for some of the fallout is at hand — if only the federal authorities would act. By suspending renewable-fuel standards that were unwise from the start, the Environmental Protection Agency could...
  • Making/Storing Gasoline

    07/03/2012 7:43:58 AM PDT · by knarf · 43 replies
    self ^ | July 3, 2012 | knarf
    It's my understanding that the whole oil refining operation is,
  • EPA Fines Oil Refiners for Failing to Use Nonexistent Biofuel

    06/23/2012 5:12:17 AM PDT · by rusty millet · 25 replies
    Hot Air ^ | June 22, 2012 | Howard Portnoy
    Question: Do you fill your car’s tank with gasoline that is part cellulosic ethanol, an environment-friendly distillate of wood chips, corn cobs, and switch grass? Let me answer for you: No, you don’t. You couldn’t if you wanted to. Petroleum products blended with cellulosic ethanol aren’t commercially available, because the technology for mass-producing cellulosic ethanol hasn’t been perfected. None of which has stopped the Environmental Protection Agency from imposing hefty yearly fines on oil refiners. According to the The New York Times, in 2011 automotive fuel producers were assessed $6.8 million in penalties. That amount is expected to climb dramatically...
  • Vehicle crashes into building in Northwest DC; believed to be intentional

    06/09/2012 6:07:28 AM PDT · by csvset · 14 replies
    MyFoxDC ^ | 9 june 2012 | Paul Wagner
    WASHINGTON - A car has crashed into an office building in Northwest D.C. Friday evening. The crash occurred in the 1000 block of Connecticut Avenue near the Farragut North Metro station at around 7:45 p.m. One of the station's entrances is closed. Connecticut Avenue has been shut down near K Street. Law enforcement sources tell FOX 5 that a man in a stolen car intentionally ran the vehicle into the front of the building. Sources also say that they believe a can of gasoline was inside the car. Witnesses say when the man got out of the car and was...
  • Musings: Latest Economic Statistics Are Not Good for Energy Market

    06/05/2012 9:56:56 AM PDT · by thackney
    Parks Paton Hoepfl & Brown| via Rig Zone ^ | June 05, 2012 | G. Allen Brooks|
    Last Friday morning the anxiously awaited U.S. jobs report for the month of May was released to gasps of disbelief by investment professionals and politicians. The assembled economic prognosticators on CNBC's Squawk Box morning stock market show were debating their forecasts calling for anywhere from 125,000 to 165,000 jobs having been created by the American economy last month prior to the government's statistical release. The consensus estimate, as reported by the CNBC anchors was about 150,000-155,000 jobs. One of the CNBC forecasters had reduced her estimate in the prior 24 hours after Thursday's release of the ADP proprietary report of...
  • Gas prices are silver lining as economy weakens

    06/02/2012 2:13:09 PM PDT · by ColdOne · 24 replies
    msnbc.com ^ | 6/2/12 | AP
    There's some good news behind the discouraging headlines on the economy: Gas is getting cheaper. At least two states had stations selling gas for $2.99 on Friday and it could fall below $3 in more areas over the weekend. A plunge in oil prices has knocked more than 30 cents off the price of a gallon of gas in most parts of the U.S. since early April. The national average is now $3.61. Experts predict further decline in the next few weeks.
  • Gridlock eases in many metro areas (hi gas prices and no job)

    05/22/2012 5:55:01 AM PDT · by dennisw · 7 replies
    USA TODAY | usatoday
    people not driving around as much in Obama's Kenyan style economy but not to worry...Soon in California and other states they will have spanking new high speed trains to commute to their non-existent jobs LINK ONLY ALLOWED>>>> http://www.usatoday.com/news/nation/story/2012-05-22/traffic-congestion-down/55120930/1?csp=34news 
  • Gas Should Be More Expensive (Democrat Policy Barf Alert)

    05/20/2012 9:26:10 PM PDT · by tsowellfan · 27 replies
    If we want to reduce fossil fuel consumption, I say, we should raise the price of gasoline to $7 a gallon. Reason: Today this country burns through 21 million barrels of oil per day, 60 percent of which is imported. Only with some shared economic pain will we ever change our habits. High gas prices will force us to think before we drive. It will encourage mass transit use, car pooling, and the sale of more fuel-efficient cars. The auto industry will not suffer because it has learned that it can charge more for cars that are cheaper to build...
  • Report casts doubt on E15 use in cars & trucks {Extra Ethanol in Gasoline}

    05/16/2012 10:42:20 AM PDT · by thackney · 90 replies
    Fuel Fix ^ | May 16, 2012 | Jennifer A. Dlouhy
    Automakers and the oil industry released a report today that casts doubt on the safety of gasoline containing 15 percent ethanol and shows that at least some engines running the fuel suffered damage during recent testing. But ethanol backers and the Obama administration immediately countered that the study was fundamentally flawed, because it used engines with known durability issues” and didn’t include control group testing of the 10 percent ethanol blend that is now the standard at filling stations nationwide. The dispute is the latest round in a long-running fight over the 15 percent ethanol fuel blend known as E15....
  • Former GM Vice Chairman: ‘I Would Raise the Fuel Tax 25 Cents a Gallon per Year’ (Lutz)

    04/18/2012 12:06:19 PM PDT · by jazusamo · 64 replies
    CNSNews ^ | April 17, 2012 | Patrick Burke
    VIDEO at link (CNSNews.com) - Former Vice Chairman of General Motors Bob Lutz said he would raise taxes on gasoline to compel American consumers to buy more electric cars. “If I were emperor of the United States, I would raise the fuel tax in the United States by 25 cents a gallon per year,” said Lutz during a panel discussion on energy independence co-sponsored by the Hudson Institute. “So that people making a purchase decision, ‘Wow it’s 4 dollars this year, $4.25 next year, $4.50 the year after that, you know what? We better buy a compact this time.’” Lutz...
  • Obama Peddles Myths About High Gas Prices

    04/13/2012 7:26:24 AM PDT · by IBD editorial writer · 15 replies
    Investor's Business Daily ^ | 04/12/2012 | IBD Staff
    Energy: To hear President Obama talk about energy, you'd think annual oil price spikes were routine and predictable. But it's another energy myth Obama peddles to avoid responsibility for high gas prices. In February, Obama lamented these "gas price spikes that happen every year." A few days later, he talked about the need to "take control of our energy future" so we could "avoid high gas prices every single year." For Obama, this is a convenient excuse. After all, price spikes can't possibly be his fault, since they happen "year after year." Except it's not true.
  • 2012 Summer Gasoline: The Four-Dollar Question {This Week in Petroleum}

    04/11/2012 12:34:21 PM PDT · by thackney · 2 replies
    Energy Information Administration ^ | April 11, 2012 | Energy Information Administration
    2012 Summer Gasoline: The Four-Dollar Question The question frequently posed by the news media as we head into summer, the peak driving season, is whether or not retail consumers will be paying more than $4 per gallon for regular gasoline when they fill up their tanks. While the national average retail price for regular gasoline still hovers just under that mark at $3.94 per gallon on April 9, in many areas this question has already been answered. Consumers on the West Coast have been paying more than $4 per gallon, on average, since the end of February. Likewise, retail prices...
  • Three Reasons Gas Prices are High

    04/10/2012 6:09:52 AM PDT · by Kaslin · 50 replies
    Townhall.com ^ | April 10, 2012 | Mike Shedloch
    The blatant hypocrisy and arrogance of president Obama, Nancy Pelosi, and Hillary Clinton in the  video below is simple stunning. Caroline Baum on "Obama the Omniscient" Inquiring minds are reading Bloomberg columnist Caroline Baum's article
  • An Obama Supporter explains High Gas Prices and Green Energy (Video entertaining debate)

    04/09/2012 9:37:05 AM PDT · by sickoflibs · 10 replies
    youtube ^ | Apr 8, 2012 | unhappyview54 (+liberals)
    Taxpayer :” I can’t believe these high gas prices. They are over $4 per gallon.“ Obama supporter :” They are?“ Taxpayer :” You haven’t noticed?“ Obama supporter :” Well, yes I have. But I think it will be good for this country to pay higher gas prices. In Europe they pay $10 per gallon. We are used to using too much energy in this country and must be forced to cut back.“ Taxpayer :” Are you nuts? IF you raised gasoline prices to $10 per gallon it would kill our already weak economy. “ Obama supporter :” No. High gas...
  • Fuel Index Has Bad News for Economy

    04/05/2012 8:12:18 AM PDT · by Kaslin · 15 replies
    Townhall.com ^ | April 5, 2012 | Mike Shedlock
    The UCLA Ceridian Pulse of Commerce Index based on real-time truck fuel usage rose slightly in March. The Ceridian-UCLA Pulse of Commerce Index® (PCI®), issued today by the UCLA Anderson School of Management and Ceridian Corporation rose 0.3 percent in March following the 0.7 percent increase in February and the 1.7 percent decrease in January. The first quarter PCI is below the fourth quarter of last year by 4.9 percent at an annualized rate. Sampling of Graphs From the Report click on any chart for sharper image I would like to see a comparison of the current three months vs....
  • Adding Barges to EIA Study Still Leaves Concerns {NE Refinery shutdowns}

    04/05/2012 7:18:27 AM PDT · by thackney · 4 replies
    Energy Information Administration ^ | April 4, 2012 | Energy Information Administration
    Adding Barges to EIA Study Still Leaves Concerns The U.S. Energy Information Administration's (EIA) recent report exploring the potential impacts of reductions in refinery activity in the Northeast on petroleum product markets in that region pointed out that, if Sunoco's Philadelphia refinery shuts down, waterborne movements from the Gulf Coast could be an important route for alternative supplies to help replace lost volumes in the short term, particularly for ultra-low sulfur diesel (ULSD). Because this route would involve vessel movements between U.S. ports, Jones Act vessels must be used. The Jones Act requires goods or passengers moved in U.S. coastal...
  • Gas numbers game is a loser for Obama (A majority rightfully blame Obama)

    04/05/2012 3:51:31 AM PDT · by tobyhill · 15 replies
    washington times ^ | 4/4/2012 | By Dave Boyer
    President Obama’s poll numbers are up and the country’s unemployment figures are down — but $4 gas poses a potent threat to the incumbent’s re-election bid, polls show. Voters are giving Mr. Obama an emphatic thumbs down for his handling of gas prices — 68 percent disapprove of his response to the problem in the latest Reuters/Ipsos poll. The White House and Mr. Obama’s re-election team are acutely aware of the political danger. The president has given seven speeches in March alone on energy and gas prices in an attempt to convince the public that there is no “silver bullet”...
  • Biden Blames High Gas Prices on Litany of Foreign Factors [11 minutes of talking points...]

    04/03/2012 1:42:01 PM PDT · by Sub-Driver · 1 replies
    Biden Blames High Gas Prices on Litany of Foreign Factors Vice President Joe Biden promised students at a Virginia high school a quick explanation for why U.S. gas prices are high and still rising, but then went on for 11 minutes, delving into the complexities of the oil market and of the changes and tensions in the Middle East. The explanation came when a student at Maury High School in Norfolk, Va., following a speech on college affordability, asked the vice president why gas prices are so high. Biden said that the average price per gallon, which has nearly doubled...
  • Guest Post: Why Is Gasoline Consumption Tanking?

    04/03/2012 7:50:20 AM PDT · by Mechanicos · 98 replies
    Zero Hedge ^ | 02/10/2012 | Tyler Durden
    Retail gasoline deliveries, already well below 1980 levels, have absolutely fallen off a cliff. .... Deliveries in November 2011 were 30.9 MGD, a staggering 47% decline. ..... What other plausible explanation is there for the decline from 42.4 MGD in July 2011 to 30.9 MGD in November 2011 other than a dramatic decline in discretionary driving? That 27% drop in a few months in unprecedented, except in times of war or sharp economic contraction, i.e. recession.
  • EPA moves closer to OK of 15 percent ethanol gasoline

    04/03/2012 5:03:01 AM PDT · by thackney · 49 replies
    Fuel Fix ^ | April 2, 2012 | Associated Press
    The federal government announced Monday it has taken a step toward wide distribution of gasoline mixed with 15 percent ethanol by allowing manufacturers to register as suppliers. While the EPA is moving the process forward by allowing the registration, E15 still must clear another set of federal tests and become a registered fuel in individual states. Ethanol makers then must convince petroleum marketers to sell it at gas stations. Most ethanol fuel sold for passenger cars and pickups today is 10 percent ethanol and 90 percent gas. The new blend that boosts ethanol to 15 percent would only be sold...
  • North America has the potential to be energy world's next Middle East, report argues

    03/25/2012 4:37:49 PM PDT · by mamelukesabre · 11 replies · 1+ views
    The Telegraph ^ | 4:29PM GMT 22 Mar 2012 | Richard Blackden
    North America's energy sector has the potential to drive a "remarkable resurgence" that could see the Continent become the new Middle East in shaping the global supply of gas and oil, a new report has claimed. Deepwater drilling in the Gulf of Mexico, tapping shale deposits for gas and oil and Canada's oil sands are among the ingredients that could see North America's production of oil and natural gas liquids almost double to 26.6m barrels a day by 2020, according to a report by analysts at Citigroup. "The energy sector in the next few decades could drive an extraordinary and...
  • Nome residents roll with higher fuel prices

    03/30/2012 7:36:08 AM PDT · by thackney · 7 replies
    AP via Anchorage Daily News ^ | March 29th, 2012 | MARK THIESSEN
    ... At the grocery store, it's $39.25 for a 12-roll package of paper towels. Toilet paper costs $37.85 for a 36-roll package. Want a 2-liter of Diet Pepsi? It's on sale this week for $4.49. At a restaurant, breakfast for one will run about $16. And the price for a gallon of gas is well above the national average, at $5.96 a gallon. If there's any good news for the 3,500 residents of Nome, it's that gas is cheap compared to what it could have been.
  • MILLER: Sticker shock at the pump: Obama and Democratic Senate push for higher gas prices

    03/30/2012 5:54:15 AM PDT · by bestintxas · 17 replies
    Washington Times ^ | Thursday, March 29, 2012 | Emily Miller
    Americans today are paying an average $3.92 for a gallon of regular gas. The pain of watching the number at the pump tick ever higher doesn’t seem to be shared by President Obama or his allies on Capitol Hill. Democrats see the sky-high cost of petrol as a way to force other people to get around by public transportation and electric cars. Thankfully, they don’t have the support to get away with it. Just before a Thursday vote in the Senate to hike taxes on oil companies, the president appeared in the Rose Garden to make his case. “Today members...
  • Total Chaos In the UK As Gas Stations Run Dry; Efforts to Stop Panic Buying Have Led to…

    03/29/2012 5:40:02 PM PDT · by blam · 34 replies
    SHTF Plan ^ | 3-29-2012 | Mac Slavo
    Total Chaos In the UK As Gas Stations Run Dry; Efforts to Stop Panic Buying Have Led toÂ… More Panic Buying Mac Slavo March 29th, 2012 SHTFplan.com What was a fairly minor fuel shortage sparked when gas tanker drivers in the UK threatened to go on strike has developed into what UK officials are now calling all out chaos, as drivers across the country scramble to fill their tanks amid uncertainty about when transportation services will be up and running at full capacity again. In what may be a glimpse into the future of other industrialized Western nations that are...
  • For some refiners, the price of gasoline is too low

    03/29/2012 5:17:40 AM PDT · by thackney · 17 replies
    Houston Chronicle via Fuel Fix ^ | March 29, 2012 | Simone Sebastian and Zain Shauk
    Rising gasoline prices have become a source of finger-pointing and political rhetoric – yet the economic reality for some refiners is that the price isn’t high enough. They say that gasoline prices, particularly on the East Coast, have been too low for them to operate successfully. Already, two refineries there have shut down completely and a third has gone idle as prices for fuel haven’t kept up with the surging cost of the raw material, crude oil. “In an environment like this, where the price of crude oil is rising faster than the price of the product that the refineries...
  • The Anatomy of U.S. Refined Product Exports to Mexico {This Week in Petroleum}

    03/29/2012 5:06:04 AM PDT · by thackney · 11 replies
    Energy Information Administration ^ | March 28, 2012 | Energy Information Administration
    The Anatomy of U.S. Refined Product Exports to Mexico Last week's edition of This Week In Petroleum focused on domestic drivers of increased U.S. petroleum product exports, including weak U.S. demand and increased production due to higher refinery runs. To better understand international trade flows, factors affecting imports at the recipient's end of the trade must also be taken into account. This week, we look at U.S. product exports from the point of view of the single largest recipient of those exports, Mexico. The trend in Mexican imports for total petroleum products is a mirror image of that in the...
  • Gasoline prices rise due to increased crude oil costs

    03/28/2012 5:19:21 AM PDT · by thackney · 17 replies
    Energy Information Administration ^ | March 26, 2012 | Energy Information Administration
    he national average price of regular grade gasoline averaged $3.58 per gallon for the month of February 2012, representing a 37-cent (11.5%) increase compared to February 2011 and an historic high for the month of February in both real and nominal prices (see chart above). However, as a result of vehicle fuel economy improvements, costs-per-mile-driven are not at record highs. Further, gasoline prices vary significantly by region, with average prices on the West Coast almost $1 per gallon more expensive than those in the Rocky Mountains. The seasonally-high retail prices are mostly a result of global crude oil prices, which...
  • Americans angry with Obama over gas prices

    03/27/2012 9:44:24 PM PDT · by Free ThinkerNY · 27 replies
    Reuters ^ | March 27, 2012 | Patricia Zengerle
    WASHINGTON (Reuters) - More than two-thirds of Americans disapprove of the way President Barack Obama is handling high gasoline prices, although most do not blame him for them, according to a Reuters/Ipsos online poll released on Tuesday. Sixty-eight percent disapprove and 24 percent approve of how Obama is responding to price increases that have become one of the biggest issues in the 2012 presidential campaign. In the past month, U.S. fuel prices have jumped about $0.30 per gallon to about $3.90 and the Republicans seeking to replace the Democrat in the November 6 election have seized upon the issue to...
  • Obama's Real Oil Agenda

    03/26/2012 7:15:52 AM PDT · by Kaslin · 9 replies · 13+ views
    Townhall.com ^ | March 26, 2012 | Dan Holler
    Soaring gas prices pose a major electoral vulnerability to a President so damaged he refused to celebrate the two year anniversary of his marquee domestic accomplishment. That is why, for the past several weeks, President Obama and his administration have been in damage control mode. At stops around the country, he sought to deflect blame for the pain Americans are experiencing at the pump. President Obama’s basic defense goes something like this: presidents cannot control the price of gasoline, but I have increased domestic oil production and decreased our reliance on foreign oil, so really, when you think about...
  • Shocker: As Governor, Romney was fine with high gas prices

    03/22/2012 7:07:28 PM PDT · by Southnsoul · 45 replies · 1+ views
    The Right Scoop ^ | March 22, 2012
    Share688 As Governor of Massachusetts, Mitt Romney apparently wasn’t all that concerned about rising gas prices. In fact, he viewed them as a net positive that would encourage conservation and get people to abandon their automobiles in favor of biking or walking. Naturally, he was also on the climate change bandwagon and he even predicted in 2005 that so-called clean energy was poised for “explosive growth” over the next decade. Today of course he is all about drilling, which is a good thing. But the question is: Are there any issues left out there on which Romney has not yet...
  • Chu: "I give myself an 'A' on gas prices"

    03/21/2012 6:59:18 AM PDT · by pabianice · 37 replies
    Fox News Channel (no link) | 3/21/12
    Energy Secretary Chu before Congress, tape on Fox this morning. He gives himself and Obama an "A" for oil policy and pricing. This goes way beyond lying. This enters the world of delusion/psychosis.
  • Rising gas prices aren't as bad as you think (Morning Propaganda)

    03/21/2012 7:09:30 AM PDT · by nhwingut · 32 replies · 1+ views
    CNN Money ^ | 03/21/2012 | Steve Hargreaves
    NEW YORK (CNNMoney) -- Gas prices are once again dominating the national debate. But despite rhetoric, high gas prices aren't hurting as much as they used to.
  • GOP Rep. Chews Out Steven Chu: “You’re Telling Me My Constituents Need to Buy a Nissan Leaf?”

    03/21/2012 4:38:34 AM PDT · by Hojczyk · 28 replies
    Gateway Pundit ^ | March 21, 2012 | Jim Hoft
    Representative Patrick McHenry (R-NC) gave anti-Energy Secretary Steven Chu an earful yesterday during a hearing on oil prices. McHenry ripped Che for the administration’s policies that have prevented access to domestic oil and gas. “You’re telling me my constituents need to buy a Nissan Leaf?” "My time is short, you've listed a long list of things that this administration has done. I have not yet heard that there are trying to increase the supply of American oil or our refining capacity or limit the regulations in the diversity of blends that are required. I have heard nothing from you today...
  • 76 percent of voters think higher energy taxes could equal higher pump prices

    03/20/2012 9:37:14 AM PDT · by thackney · 16 replies
    American Petroleum Institute ^ | March 20, 2012 | Sabrina Fang
    Seventy-six percent of voters nationwide believe that raising taxes on the energy industry could cost them more at the gas station. The overwhelming sentiment was echoed across political, gender, age, racial, income, educational and ideological lines according to a new “What America is Thinking on Energy Issues” poll released today. “Voters understand that raising taxes is not a solution for high gasoline prices,” said API President and CEO Jack Gerard. “We should instead be encouraging more safe and responsible domestic energy production to help bring more crude oil to American consumers. A true all-of-the-above energy strategy would include greater access...
  • A Dirty Little Secret Gasoline Companies Are Keeping From You (High Octane Rip-Off)

    High gas prices are emptying a lot of wallets these days, but don't slam the brakes on your summer travel plans just yet. Instead, watch as Bill Gephardt gets to the truth behind these pumped up prices. Ever heard of a gas myth guys? Well, we use them when we decide what to put in the tanks of our cars and during my investigation I found a lot of you sinking way too much money into these fuel fables. "I got a 4 banger in my truck. If I had a six-cylinder I'd go to the next one. If I...
  • US Drivers Are Heading to Mexico For Cheaper Gas

    03/20/2012 9:16:12 AM PDT · by patriot08 · 34 replies · 2+ views
    Fox News Latino ^ | 3/21/12 | myfoxphoenix.com
    As gas prices skyrocket, drivers are looking south of the border for some alternatives to ease the pain at the pump. But there's growing concern that bargain-seekers could be putting their lives at risk. The national average for a gallon of gas is hovering around $3.80 right now -- $4.35 in California, according to AAA, and some analysts think it'll keep climbing as we head into summer. So it's no wonder in cities along the border -- people are driving into Mexico to fill up their tanks -- where the price for a gallon of gas is around a $1.50...
  • Vanity: Looking for article about "gasoline - the perfect fuel"

    03/20/2012 8:57:56 AM PDT · by fishtank · 14 replies · 1+ views
    I saw it here years ago... | 3-20-2012 | fishtank
    Hey y'all. Years ago, I remember seeing an article on FR about gasoline being an almost "perfect fuel". I've looked, but can't find it. Help?
  • Obama Takes Credit for Thwarting Runaway Oil Drilling

    03/19/2012 11:28:26 AM PDT · by John Semmens · 2 replies · 1+ views
    Semi-News/Semi-Satire ^ | 17 March 2012 | John Semmens
    President Obama’s efforts to blunt the political disadvantage of rising gasoline prices took both a zig and a zag this past week. In an attempt to provide a contrast with the growing popularity of the GOP’s “drill here, drill now” pitch, Obama promised he would “never allow the ‘gluttons of greed’ to drill in your back yard or your front yard, no matter how hard they push for it.” To prevent gasoline prices from surging over the summer, as many have predicted, the President has ordered the release of oil from the nation’s strategic reserve. Conceived as insurance against the...
  • With Gas Prices Rising, Smog Rules May Stall

    03/18/2012 7:13:17 PM PDT · by Oldeconomybuyer · 9 replies
    Wall Street Journal ^ | March 18, 2012 | By Tennile Tracy
    The Obama administration, facing political heat over high gasoline prices, may delay new rules that would cut pollution from cars but also could bring higher prices at the pump, environmental and industry leaders said. The rules would require refiners to make cleaner-burning gasoline and auto makers to build cars that emit fewer smog-forming pollutants. The Environmental Protection Agency was scheduled to roll out the rules before April, but it hasn't yet submitted them for White House review. "We expect that timing will begin to slip, perhaps for political considerations" said American Petroleum Institute President Jack Gerard. The new standards are...
  • Romney turns up the heat on Obama energy policies (Obama's energy policy, raise prices)

    03/18/2012 4:18:35 PM PDT · by tobyhill · 8 replies · 1+ views
    cnn ^ | 3/18/2012 | Tom Cohen
    Mitt Romney escalated Republican attacks on President Barack Obama's energy policies Sunday, calling for the firing or resignations of what he labeled the "gas hike trio" of top energy and environment officials in the administration. The Republican presidential hopeful's remarks on "Fox News Sunday" illustrated a GOP strategy to target Obama for rising gas prices as part of a campaign narrative that depicts the president as stifling U.S. production in order to boost alternative energy sources. On Sunday, the AAA reported that the national average price for a gallon of regular unleaded gasoline rose to $3.84 for an increase of...
  • Update: SoCal Arco gas stations to close

    03/17/2012 9:00:01 PM PDT · by jeannineinsd · 12 replies
    Orange County Register ^ | 3/17/2012 | MARY ANN MILBOURN
    BP today corrected a number of inaccurate reports that the ARCO brand would be withdrawn from Southern California. BP remains committed to the ARCO and ampm convenience store brands. BP announced plans to divest its Carson, California refinery and Southern California retail network in February 2011. The company intends to sell the refinery, associated businesses and the ARCO-branded retail network in 2012 as an on-going business. A number of prospective buyers have already expressed interest in the refinery and ARCO brand. There are about 920 ARCO-branded stations in Southern California operated by independent dealers and franchisees. Approximately 130 of these...
  • Obama: End tax breaks for oil companies

    03/17/2012 12:44:20 PM PDT · by bestintxas · 91 replies
    wash times ^ | 3/17/12 | d boyer
    President Obama said Saturday he can’t do much to lower gas prices, and renewed his call for Congress to end tax breaks for oil companies. “The truth is, the price of gas depends on a lot of factors that are often beyond our control,” Mr. Obama said in his weekly address. “Unrest in the Middle East can tighten global oil supply. Growing nations like China or India adding cars to the road increases demand.” The president didn’t mention one of the few direct actions he could take to try to lower gas prices in the short term — releasing oil...
  • Gas prices up for 8th straight day

    03/17/2012 5:47:32 PM PDT · by Signalman · 10 replies
    CNNMoney ^ | 3/17/2012 | CNNMoney Staff
    NEW YORK (CNNMoney) -- The national average price for a gallon of gasoline rose for the eighth straight day on Saturday to $3.835. That is now only about 7% below the record high of $4.11 from July 2008. The average price rose by four-tenths of a penny, according to the survey of gas stations conducted for the motorist group AAA. Gas prices are now up more than 17% this year. The nationwide average was $3.52 a gallon a month ago and $3.76 a gallon on March 9 -- the day that prices started rising again after a few days of...
  • The other March Madness -- gas prices and the press

    It happens every spring. The players take their positions for the big game. The fans start screaming as the huge numbers on the board go up and up and up. No, it’s not college basketball. It’s a madness of a different kind, as anchors and reporters manipulate coverage of one of the necessities of American life for maximum political gain. It would be humorous if it weren’t so insane. But for the mainstream media it’s become almost a game. They scored points blaming Bush and now rack them up defending Obama. Nowhere is that more apparent than with gas prices....
  • Christine O'Donnell's BET: CALLS OUT Barack Obama on "Lie Du Jour" on Gas Prices

    03/15/2012 8:15:54 AM PDT · by Moseley · 20 replies · 1+ views
    Tea Party Tribune ^ | March 14, 2012 | Christine O'Donnell
    Obama’s Lie du Jour: There is nothing he can do, other than drill, to lower gas prices – LIE! by Christine O’Donnell on Wednesday, March 14, 2012 at 3:11p If I were a betting woman, I’d make the following bet with President Obama – and if any Dem takes the wager, I’ll become a betting woman! In a childish, unpresidential tone, President Obama mocked Republicans saying we have a three point plan for bringing down gas prices; drill, drill, drill. I’m challenging Pres. Obama or Any Democrat with the guts to take this wager… If I can come up with...
  • Can gasoline get back to $2.50? We FuelFact it

    03/14/2012 3:35:27 PM PDT · by thackney · 44 replies
    Fuel Fix ^ | March 14, 2012 | Dan X. McGraw
    FuelFact is a new project of FuelFix.com. In the runup to the 2012 presidential election, a lot is being said about the rising price of gasoline. We’ll be evaluating these statements, consulting with experts and rating their accuracy. Inspired by sites like PolitiFact.com and FactCheck.org, our staff will judge the statements on our “truthiness” gas gauge: - Full: The statement is accurate. - Three-quarters Full: The statement is accurate but needs clarification or additional information. - Half-Full: The statement is partially accurate but omits important details or takes facts out of context. - Quarter-Full: The statement contains an element of...
  • Obama's Pump Debacle

    03/14/2012 5:04:55 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | March 14, 2012 | Jonah Goldberg
    As gasoline prices climb, President Obama's poll numbers plummet. In February, a Washington Post/ABC poll had Obama up 6 points against Mitt Romney. Monday's poll has him down 2. According to the polls, gas prices are a huge part of the story, particularly given how the last 30 days or so have not exactly been great for the GOP. No wonder Obama is desperate to get out in front of the issue. The dilemma is that he's invested so much of his prestige in his energy policies that he can't admit those policies have been an abject failure. But...
  • The Shocking Photo the Obama Administration Doesn't Want You to See!

    03/14/2012 4:29:55 AM PDT · by Texas Fossil · 64 replies
    The Weekly Standard ^ | Mar 13, 2012 | MARK HEMINGWAY
    Taken at a gas station within walking distance of the White House:
  • DUmmie FUnnies 03-13-12 ("Rising Gas Prices Have Dented Obama's Rating: Poll")

    03/13/2012 6:25:18 PM PDT · by PJ-Comix · 26 replies
    DUmmie FUnnies ^ | March 13, 2012 | DUmmies and PJ-Comix
    Notice how liberals accuse conservatives of being "anti-science." Yet who is the MOST anti-science President of them all? None other than Barack Hussein Obama who continues to hold out the bizarre hope that windmills, solar energy, and pond scum can supplant petroleum as an energy source. This is especially laughable now that new technology is able to produce oil from the Alberta Oil Sands and shale deposits like the Green River Formation out West which has enough proven reserves to supply us with our energy needs for at least the next three hundred years. As to what is currently...
  • Senate rejects plan to open Arctic refuge to drilling

    03/13/2012 3:09:05 PM PDT · by Free ThinkerNY · 37 replies · 1+ views
    Associated Press ^ | March 13, 2012 | Sean Cockerham
    WASHINGTON _ The Senate on Tuesday resoundingly rejected a sweeping measure to open the Arctic National Wildlife Refuge and other protected areas to oil drilling, as well as to approve construction of the Keystone pipeline project. Tuesday's vote was the first time in four years that the Senate has voted on a measure including ANWR drilling, and it failed miserably.