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A collection of news and information related to Gasoline Industry published by this site and its partners.

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    May 17, 2013 |Story| Los Angeles Times

  1. Tesoro is cleared to buy BP's Carson refinery, Arco stations

    Tesoro Corp. won federal and state clearance for its purchase of BP's Carson refinery, Arco stations and other assets for $2.4 billion, an acquisition that would further concentrate the state's fuel-making capacity into only two players — Tesoro and Chevron Corp.
    Tesoro Corp. won federal and state clearance for its purchase of BP's Carson refinery, Arco stations and other assets for $2.4 billion, an acquisition that would further concentrate the state's fuel-making capacity into only two players — Tesoro and...

    Tags: Gulf of Mexico Oil Spill (2010), Global Warming, Environmental Pollution, Petroleum Industry, Environmental Issues

    2. May 17, 2013 |Story| Los Angeles Times

  2. As Memorial Day nears, California gasoline prices rise above $4

    Summer is coming. The long Memorial Day weekend is just two weeks away and, of course, average gasoline prices in California are back up above $4 a gallon.
    Summer is coming. The long Memorial Day weekend is just two weeks away and, of course, average gasoline prices in California are back up above $4 a gallon. On Friday, the average price of a gallon of regular gasoline in California was $4.062, up 7.6...

    Tags: AAA, Memorial Day, Petroleum Industry, Auto Trends, BP Plc

    3. May 8, 2013 |Story| Los Angeles Times

  3. Record exports mean U.S. summer gasoline prices won't be much lower

    Summer gasoline prices will be lower in the U.S. than they were last year. But they won't be much lower, experts say, because U.S. refineries have been exporting record amounts of fuel overseas.
    Summer gasoline prices will be lower in the U.S. than they were last year. But they won't be much lower, experts say, because U.S. refineries have been exporting record amounts of fuel overseas. That's behind what would normally just be a good news...

    Tags: Cadillac, Petroleum Industry, Market and Exchange, George W. Bush, Kelley Blue Book LLC

    4. May 2, 2013 |Story| Los Angeles Times

  4. What state has the highest gasoline taxes? California, of course

    California gasoline prices have fallen by 77.4 cents a gallon from the record of $4.671 set in October. But the state's prices remain among the highest in the nation, and today is no exception. California is running fourth behind Hawaii, Alaska and...

    Tags: AAA, Petroleum Industry

    5. Apr 21, 2013 |Column| Los Angeles Times

  5. McManus: A tax everyone can love

    The chairmen of Congress' primary tax committees, Sen. Max Baucus (D-Mont.) and Rep. Dave Camp (R-Mich.), have launched a bipartisan effort to reform our messy, inefficient federal tax law. They've agreed to look for ways to lower tax rates on both individuals and corporations and at the same time "close loopholes."
    The chairmen of Congress' primary tax committees, Sen. Max Baucus (D-Mont.) and Rep. Dave Camp (R-Mich.), have launched a bipartisan effort to reform our messy, inefficient federal tax law. They've agreed to look for ways to lower tax rates on both...

    Tags: Conservation, Global Warming, U.S. Congress, Richard Nixon, Petroleum Industry

    6. Apr 18, 2013 |Story| Los Angeles Times

  6. A regulation that might actually reduce California gasoline prices

    California's strict low-carbon fuel standard could help reduce gasoline prices in the state, the opposite of what many have predicted, by encouraging the use of a relatively cheap and relatively clean U.S. crude oil, some experts now say.
    California's strict low-carbon fuel standard could help reduce gasoline prices in the state, the opposite of what many have predicted, by encouraging the use of a relatively cheap and relatively clean U.S. crude oil, some experts now say. The standard...

    Tags: Petroleum Industry, Market and Exchange, Economy, Business and Finance, Energy, Commodity Markets

    7. Apr 16, 2013 |Story| Los Angeles Times

  7. Consumer prices drop on cheaper gas, electricity and apparel

    WASHINGTON — U.S. consumer prices slid in March after spiking in the prior month as gasoline prices fell back — the latest indication that inflation remains subdued despite the Federal Reserve's continued action to pump billions of dollars into the financial system. 
    WASHINGTON — U.S. consumer prices slid in March after spiking in the prior month as gasoline prices fell back — the latest indication that inflation remains subdued despite the Federal Reserve's continued action to pump billions of dollars...

    Tags: Economic Indicator, Consumer Confidence, Federal Reserve, Petroleum Industry, Inflation and Deflation

    8. Apr 11, 2013 |Story| Los Angeles Times

  8. Experts expect summer gasoline prices as low as $3.84 in California

    Experts are saying American drivers, including Californians, can expect some of the lowest summer gasoline prices they have seen in three years.
    Experts are saying American drivers, including Californians, can expect some of the lowest summer gasoline prices they have seen in three years. Some are predicting a steady decline in California gasoline prices to as low as $3.84 a gallon by August....

    Tags: Memorial Day, Petroleum Industry, Toyota Recalls, Market and Exchange, Economy, Business and Finance

    9. Apr 25, 2013 |Story| Los Angeles Times

  9. Ford hoping to tap thirst for fuel efficiency with phone app contest

    Ford Motor Co. will offer a $25,000 first prize for whoever makes the best phone app for fuel efficiency.
    Ford Motor Co. will offer a $25,000 first prize for whoever makes the best phone app for fuel efficiency. The Ford Personalized Efficiency Challenge runs through July 24. Anyone entering has to work through the automaker's OpenXC research platform....

    Tags: Ford Motor Co., Ford, Buick, Petroleum Industry, Alternative Energy

    10. Apr 4, 2013 |Story| Los Angeles Times

  10. Gasoline prices: Slide in Californians' fuel costs has slowed

    The drop in gasoline prices in California that began more than a month ago has slowed to a crawl, but there may be good news ahead when one of the state's most important refineries returns to full production as early as this month.
    The drop in gasoline prices in California that began more than a month ago has slowed to a crawl, but there may be good news ahead when one of the state's most important refineries returns to full production as early as this month. When operating at its...

    Tags: Hyundai, Petroleum Industry, Chevron Corportion

    11. Mar 29, 2013 |Story| Los Angeles Times

  11. Will new EPA goals raise gasoline prices or clean air, save lives?

    Depends on whom you ask.
    Depends on whom you ask. The Environmental Protection Agency on Friday proposed what it called "sensible standards for cars and gasoline that will significantly reduce harmful pollution, prevent thousands of premature deaths and illnesses" while...

    Tags: Ford, American Petroleum, Petroleum Industry, Environmental Issues, Market and Exchange

    12. Mar 24, 2013 |Story| Los Angeles Times

  12. Hugo Chavez's voodoo economics

    Two years before his death, Hugo Chavez tried to repeal the law of supply and demand, which says that free markets set the price: the higher the demand, the higher the price. Every producer who was willing to sell at that equilibrium price would be able to do so and every consumer willing and able to pay that price could acquire the product.
    Two years before his death, Hugo Chavez tried to repeal the law of supply and demand, which says that free markets set the price: the higher the demand, the higher the price. Every producer who was willing to sell at that equilibrium price would be able...

    Tags: Venezuela, Personal Income, Petroleum Industry, Justice System, Lawyers

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