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gasoline

An oil tanker, right, cruises past a new liquefied natural gas tanker at the Cheniere terminal in Cameron Parish, La. (Michael Stravato/The New York Times)

Flotilla of European gasoline tankers fuels U.S. driving binge

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Surging demand and rising prices for gasoline in the U.S. are luring about double the number of tankers compared with 2014, boosting shipping rates to the highest seasonal levels in seven years.
(Photographer: Ty Wright/Bloomberg)

$2 gasoline on the way, but not until the fall

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Gasoline prices could tumble below $2 per gallon in some states, but drivers shouldn’t expect to see those deep discounts until the mid-fall when summer driving season ends, demand diminishes and expensive summer gasoline gets replaced with cheaper winter blends.
(JEFF PACHOUD/AFP/Getty Images)

Gasoline prices dropping again across Texas

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Of the major metro areas in Texas, drivers in El Paso were paying the most while motorists in Beaumont paid the least.
(Spencer Platt/Getty Images)

Goldman Sachs: So far, cheap oil has been mostly bad for the economy

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While the dive in crude oil prices from more than $100 in June 2014 to a little over $50 this month has meant the cheapest gasoline prices since 2009, consumer spending from that windfall hasn’t outpaced deep cuts to the oil and gas sector.
(Photographer: Ty Wright/Bloomberg)

Retail gasoline prices across Texas up a penny this week

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Dallas has the most expensive gasoline statewide at an average $2.67 per gallon. The travel group survey found Amarillo has the cheapest gasoline in Texas this week at $2.48 per gallon.
Categories: Gasoline
In this Dec. 17, 2014 photo, workers tend to oil pump jacks behind a natural gas flare near Watford City, N.D. Natural gas, the nation's most prevalent heating fuel, is getting cheaper just as winter is arriving because of mild temperatures and plentiful supplies. (AP Photo/Eric Gay)

U.S. oil output still barreling toward 45-year record

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U.S. oil production edged down in May and will likely continue swooning until early next year as plunging crude prices continue to pummel domestic producers, according to a new federal report.
(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.