Gasoline Industry

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...

California drivers have long suffered from the state's geographical isolation from the nation's major oil pipelines that pump crude to domestic refineries. That forced California to rely on much more expensive imported oil. In 2012, California...

NEW YORK (AP) — The U.S. is increasing its oil production faster than ever, and American drivers are guzzling less gas. But you'd never know it from the price at the pump. The national average price of gasoline is $3.69 per gallon and forecast...

It's probably the last thing that California motorists want to hear: the state's excise tax on gasoline will rise by 3.5 cents a gallon on July 1. The increase will take the state's excise tax to up to 39.5 cents a gallon for every gallon of gasoline...

A recent article ("Pumping Up the Price" Feb. 26) on gasoline prices should make it clear to readers that the price of gasoline is no longer the result of inefficient fuel use or too much demand. Unfortunately the focus of the article was evidently on the...

SAO PAULO - Raizen, Royal Dutch Shell Plc's sugar venture with Cosan Industria & Comercio, is among producers set to profit from funneling more of a record cane crop into ethanol as a government measure bolsters demand. Mills in the Center South, the...

California gasoline prices may have already peaked for the first half of the year and should head lower soon, analysts said. Meanwhile, nationwide gasoline price averages over the first two months of the year rose at such a blistering rate that...

Southern California has seen its biggest ever one-month rise in gasoline prices, according to the Automobile Club of Southern California's weekend gas watch. The average price for a gallon of regular gasoline in the varying regions of Southern...

As gas prices soared toward $4 per gallon, Fred Price has sought out the best deals at the pump. Even so, the self-employed handyman who drives to jobs throughout Baltimore is feeling the pinch of a more than 40-cent-per-gallon jump in the last month....

UNDATED - Average retail gasoline prices in South Dakota have risen 9.0 cents per gallon in the past week, averaging $3.62/g yesterday, according to GasBuddy's daily survey of 628 gas outlets in South Dakota. This compares with the national average that...

Gas prices in Aberdeen have increased by 60 cents per gallon since the beginning of January.  The price of gasoline spiked up yet again Thursday. The price of unleaded gasoline with 10 percent ethanol was $3.69 a gallon and regular gasoline was $3.79...

The price of regular unleaded gasoline in Aberdeen has jumped up more than 20 cents in an eight-day span.  On Jan. 22, the average price of a gallon of gasoline in Aberdeen was $3.18, according to AAA. On Wednesday, it was $3.39. The 10 percent...