Gasoline Industry

NEW YORK (AP) — A sharp decline in the price of oil this month is making gasoline cheaper at a time of year when it typically gets more expensive. It's a relief to motorists and business owners and a positive development for the economy. Over...

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...

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...

LANSING, Mich. (AP) — A key lawmaker working to raise more money for Michigan roads said he hopes to recommend a package of bills for consideration by early May, a sign that legislators may be getting more serious about a boost in taxes and fees...

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...

Retail gasoline prices are dropping in Connecticut, averaging $3.81 for a gallon of regular Friday, according to AAA. The price is 35 cents lower than the same week last year, and almost two dimes below this year's peak of $3.99 per gallon in late...

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....

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...

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...

It isn't hard to recognize an example of false economy in the average household budget. The vegetable gardener who spends $500 on supplies to produce $12 in produce, the inexpensive home repair that falls apart in a month or the avid shopper who saves...

When Ferrari's biggest and baddest supercar is a hybrid, you know the world has changed. Once considered the province of techies and the eco-friendly, hybrids are catching on in almost every vehicle segment. Hybrid sales were up 32% in the first two...

The Obama administration is expected to propose new rules today that would slash the amount of sulfur in gasoline, one of the most significant steps the administration can take this term toward cutting air pollution, people with knowledge of the...