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Why gas stations in NJ, PA are selling $8/gallon gas in protest

Over 50 gas stations across New Jersey and Pennsylvania have raised the price of their fuel to more than eight dollars a gallon. They are all Lukoil stations, and their owners have raised prices in protest of practices by Lukoil North America that they say leave individual gas station owners at a competitive disadvantage.

Video
Romanian gas is like a troupe of French maids for your engine

Ah, Romania, that country of 19 million that many would be hard pressed to find on a map without a label. The nation that's given us world-class literature, Olympic athletes, the Roma, a flighty chap we call Dracula and a stretch of the Transfagarasan Highway, among the world's best drives, among other things. Romania is also known for beautiful women, and according to a Rompetrol commercial, if you f

The U.S. is exporting oil products, so why is the price of gas still high?

It has always been the habit of the party that doesn't occupy the White House to blame various ills on the party that does. Especially in the past few years when it has come to gas prices, the party-in-waiting has blamed the POTUS for "pain at the pump." We're not taking sides here – Republicans are doing it to Obama now, just like Democrats did it to Bush. Unfortunately for their arguments, the President has about as much control over the price of oil as he does over the price of bread; i

Opinion
Opinion: America Needs $1 A Gallon Gas Tax

Charging drivers more just makes dollars and cents

As much as it pains me to say this: America needs a $1 a gallon gas tax. And right now would be the perfect time to start. Vote, pass, sign. Please. This gas tax could rebuild America, create jobs, help the auto industry, improve the environment and do something no politician likes to do: Pay as you go.

Why alternative energy has a hard time: fossil fuels get 250 subsidies

If you think ending the ethanol subsidy puts all fuel sources on an equal footing, think again. While there has been a great deal of vitriol directed toward subsidies for alternative energy and plug-in vehicles, very little has been heard about the ways in which fossil fuels are given a huge advantage – and there are many. In fact, compared to the help fossil fuels are given, tax breaks

Report
UK petrol stations closing, "fuel deserts" may result

It may not predict a plug-in vehicle future, but there is something interesting happening in the UK. Auto Express notes that there is a worry about "fuel deserts" growing because there is now a record low number of gas stations in the UK. The UK used to have 21,000, now it has less than 8,500. The drop doesn't come from a lack of demand due to automotive fuel choices but because of, "increasing fuel taxes, crude oil prices and business rates, as well as unfair pricing regimes from some hypermark

API: Petroleum demand up 2.5% in September

It's not much, but Americans are using more fuel this year than last year. Numbers released by the American Petroleum Institute show that U.S. petroleum deliveries increased by 2.5 percent in September 2011, compared to September 2010. API chief economist John Felmy – always the economist, that's for sure – releas

Report
2011 U.S. demand for gasoline below 2010 level for 29th consecutive week

U.S. gasoline consumption declined 2.5 percent last week, compared to the same time frame in 2010, with motorist buying only (?) 8.79 million barrels a day during the week ending October 7, according to data collected by MasterCard. That's down from 9.01 million barrels a day back in October of 2010 and a bit below the 8.82-million-barrel mark set in late September.

Report
Maine gas stations ignoring penalties, shorting customers fuel to make more money

Think you're paying too much at the pump? Perhaps you are – but not as much as those gassing up in Maine. No, the Pine Tree State doesn't have the highest gas prices in the land (that would still be Hawaii), but it does have a problem with out-of-spec gas pumps. According to state inspection officials, several stations have been found with multiple pumps delivering less fuel than customers are paying for, some of them so inaccurate that the agriculture department has had to order them imme

U.S. gasoline demand hits 10-year August low

U.S. gasoline demand fell by 1.3 percent to a ten-year low for the month of August, thanks to consumer sentiment that is still stalled even as industry demand for diesel fuel shot up by 10.8 percent, according to the American Petroleum Institute (API). On a year-to-date basis, demand for gas was two percent lower than in 2010. API chief economist, John Felmy, released a statement claiming the economy is to bl

Gasoline demand falls to 10-year low in July

The American Petroleum Institute (API) reports total petroleum deliveries (a measure of demand) fell by 0.5 percent in July, compared to the same month in 2010. Though miniscule, July marks the first time in 2011 that deliveries actually dropped when compared to the previous month. Perhaps more importantly, gasoline demand hit a ten-year low for the month of July. Eric Loveday

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