California gasoline prices reached the highest they’ve been since March 9, 2020, hitting $3.27 a gallon, according to a new gasoline benchmark published by the U.S. Energy Information Administration.
California gas prices are roughly 66 cents more than average price paid by consumers nationwide. Read More
U.S. federal prosecutors are seeking to seize four tankers sailing toward Venezuela with gasoline supplied by Iran, the latest attempt to disrupt ever-closer trade ties between the two heavily sanctioned anti-American allies.
The civil-forfeiture complaint filed late Wednesday in the District of Columbia federal court alleges that the sale was arranged by a businessman, Mahmoud Madanipour, with ties to Iran’s Revolutionary Guard Corps, a U.S.-designated foreign terrorist organization. Read More
Shutting down the Line 5 pipeline through the Straits of Mackinac – even if only temporarily – will send adverse effects rippling throughout Michigan, other areas of the Midwest and, as well, Ontario and Quebec.
That’s according to not only Enbridge, which operates Line 5, but also the refineries that rely on the pipeline to supply the fuel provided to consumers at the fuel pump and such major customers as Detroit Metropolitan Airport. Read More
A new study by the American Petroleum Institute (API) credits Minnesota’s strong economy and job creation, in part, to the abundance of affordable fuels wrought by the country’s shale boom recognized through hydraulic fracturing, also called fracking. Read More
by Derek Draplin Berthoud and Broomfield are the latest local governments in Colorado to implement a moratorium on oil and gas development following passage of new industry regulations signed into law last month. The Colorado Oil and Gas Conservation Commission, the state’s regulatory body, issued “objective criteria” that will require… Read More
The American Automobile Association (AAA) announced Monday that only three months into 2019, the nation’s average gas price has spiked by almost 45 cents. Ohio prices increased as well, but by slightly less than the national average. While Ohioans may be relieved, experts are predicting that these price increases are expected… Read More
Friday, Ohio Department of Transportation Director Jack Marchbanks formally introduced the proposed 2020-21 Biennial Budget. House Bill 62 (HB 62), the budget’s formal designation, includes an 18-cent gas tax increase. While lower than some reports have suggested, the proposed tax will give Ohio one of the highest gas tax rates in the country.… Read More
At an annual forum sponsored by the Associated Press, Ohio Republican Gov. Mike DeWine announced Wednesday he intends to formally recommend raising the current gas tax. The recommendation will come as he introduces his first two-year transportation budget Friday. Despite appointing an Advisory Committee on Transportation Infrastructure Issues specifically to explore alternative… Read More
by Tim Pearce Nine states are intervening in a lawsuit against the Trump administration for approving oil and gas companies to search for oil and gas deposits in the Atlantic Ocean. Maryland Attorney General Brian Frosh announced Thursday the states would join environmental groups in a lawsuit to prevent the Trump… Read More
by Chris White Environmental groups are suing to prevent the Trump administration from approving seismic survey testing for oil and gas reserves off the South Carolina coast. Oceana and the Sierra Club argued in legal filings Tuesday that the Commerce Department’s approval of seismic testing violates the Endangered Species… Read More
by Michael Bastasch Former President Barack Obama said he was “extraordinarily proud of the Paris accords” before, rather ironically, taking credit for booming U.S. oil and gas production. “I was extraordinarily proud of the Paris accords because — you know, I know we’re in oil country and we need… Read More
by Chris White German Chancellor Angela Merkel is offering government support for a for project that would supply Germany with U.S. natural gas — the move comes as U.S. President Donald Trump seeks to loosen Russia’s hold on Europe’s energy markets. Merkel told lawmakers in early October that her government… Read More
by Chris White Gas prices in Southern California are hovering around $4 per gallon as Golden State Democrats attempt to defend an unpopular gas tax outgoing Democratic Gov. Jerry Brown signed in 2017. The average pump price for regular gas in the Los Angeles area is hovering around $3.736… Read More
HENDERSONVILLE, Tenn., Jan. 30, 2017 /PRNewswire-iReach/ — Hendersonville, TN- Hornet Corporation announced here today that it has expanded its operation into a new, larger corporate headquarters building here. “Our growing oil well drilling and production operations motivated us to acquire a suitable office building… Read More