gasoline News Updates

Government, Business, Fuel

Colonial Shuts Largest US Gasoline Pipeline Over Leak

Colonial Pipeline Co. shut the largest U.S. fuel pipeline Jan. 14 to investigate a potential leak in Georgia.

January 14, 2025
Government, Business, Fuel

US Puts Its 1 Million-Barrel Gasoline Reserve Up for Sale

The Biden administration is putting its cache of 1 million barrels of gasoline on the market, after being ordered to liquidate the reserve by Congress.

May 21, 2024
Government, Business, Fuel

Macquarie: Biden Likely to Tap Oil Reserve for Summer Demand

The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.

April 15, 2024
Government, Business, Fuel

Biden Grants Gas Policy Shift to Boost Ethanol in Corn Belt

The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol, but delayed the shift until 2025 to prevent gasoline price spikes this summer.

February 22, 2024
Business, Fuel

Gas Prices Now Below $3 in 14 States

Gasoline prices have fallen for 60 consecutive days, letting American drivers pass on savings at the pump to consumer retailers during the U.S. economy’s all-important holiday season.

November 27, 2023
Government, Business, Fuel

California Gas Prices Dip Below $5 for First Time Since July

California pump prices fell below $5 a gallon for the first time since July, following national levels lower but still the highest in the country.

November 20, 2023
Government, Fuel

Premium Gasoline Is Getting More Expensive at the Pump

The premium paid by drivers of luxury cars and large SUVs over regular fuel is increasing due to a number of industry factors, including environmental regulations and refining capacity.

March 17, 2023
Government, Business, Fuel

Midwest US Ethanol Push Seen to Lift Gas Costs

Motorists in the Midwest U.S. could expect to pay more for gasoline under a fuel policy shift demanded by governors in the region, with a new refining industry-commissioned analysis outlining larger-than-expected impacts of the change.

February 15, 2023
Government, Fuel

Gasoline Shipping Costs Soaring After Russia Sanctions

The cost of moving gasoline and other fuels on ocean-going tankers is soaring days after sanctions targeting Russia’s petroleum sales.

February 10, 2023
Government, Business, Fuel

Gasoline Prices Set to Rise if Corn Belt States Win Fuel Fight

Some Americans could end up paying more for their gasoline thanks to a plan by seven Midwestern state governors to boost the use of corn-based ethanol.

January 9, 2023