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gasoline

(Photographer: Ty Wright/Bloomberg)

Cheapest gasoline in 5 years spurs uptick in summer travel

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Cheap gasoline prices are causing more drivers to take to the highways, with an estimated 41.9 million people expected to travel more than 50 miles this Independence Day, the highest total since 2007, according to AAA.
Categories: Gasoline
Erik Jones (54) drives past Regan Smith (7) during the NASCAR Xfinity series auto race at Chicagoland Speedway, Sunday, June 21, 2015, in Joliet, Ill. (AP Photo/Nam Y. Huh)

For godfather of ethanol, a bet on Nascar with high stakes

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While the sponsorship has raised the profile of ethanol among race fans, it’s done little to quiet a decade-old debate about whether ethanol is a renewable-fuels godsend or a government-subsidized mistake.
Motorists drive past a gas station selling regular unleaded gasoline for less than $3.00 a gallon Nov. 26 in Independence, Mo. The nationwide average price for a gallon of gas was up to $3.25, according to AAA Monday. (AP Photo/Charlie Riedel)

Americans to celebrate Independence Day with road trips

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Americans have driven a record 987.8 billion miles in the first four months of 2015, and they’ll be filling up on the cheapest July 4 gasoline in five years.
Tom Haag checks the progress of this years corn crop which he expects to do well if we avoid September freezes, August 15, 2013, in Eden Valley, Minn. Haag, president of the Minnesota Corn Growers Association travelled to China with Governor Dayton last year and expects Chinese imports of U.S. grain to increase as more Chinese gain a higher standard of living. (Glen Stubbe/Minneapolis Star Tribune/MCT)

EPA to hear testimony from hundreds on renewable fuels plan

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The 2007 renewable fuels law was intended to address global warming, reduce dependence on foreign oil and bolster the rural economy by requiring a steady increase in the overall amount of renewable fuels such as ethanol blended into gasoline over time.
(JEFF PACHOUD/AFP/Getty Images)

Gasoline prices across Texas up a nickel this week

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AAA market experts believe gas prices are nearing a seasonal high. Officials cite the completion of seasonal refinery maintenance and abundant crude oil supplies.
(Photographer: Ty Wright/Bloomberg)

Rising gasoline supply is weighing down crude

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Crude oil futures swung between a gain and a loss Wednesday to settle at about even, after weekly inventory data showed a small build in gasoline inventories.
(AP Photo/Gregory Bull)

Gas-guzzling U.S. drivers shock even analysts as refiners profit

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The thirst for fuel in the U.S. and abroad has been greater than analysts, including the EIA and Energy Aspects Ltd., estimated.
Categories: Gasoline
(JEFF PACHOUD/AFP/Getty Images)

Gasoline prices have reached their 2015 peak

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Pump prices have reached their highest point and should continue to fall for the rest of the summer as refineries run hard to process a glut of cheap oil, providing U.S. drivers the cheapest gasoline in six years.
(Photographer: Ty Wright/Bloomberg)

Gasoline prices drop slightly in Texas

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AAA Texas said Thursday that the statewide average for a gallon of regular unleaded gasoline in Texas is now at $2.51. That’s 94 cents less per gallon than last year.
(Photographer: Patrick Semansky/Bloomberg)

Crude slump leads to big profits for refiners

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Refiners are pocketing big profits as they soak up vast supplies of cheap oil and transform it into higher priced petroleum products, a new government report finds.