Consumer group attacks chain over consumer warning attempts. Tesoro is putting warning decals on its gas station pumps, including dozens of Shell stations, warning that consumers may not get all the energy they paid for in a gallon of gasoline, according to industry reports today. However, the Foundation for Taxpayer and Consumer Rights (FTCR) is…
alon adds pipelines in california
Alon USA Energy Inc., today finalized the purchase of the crude and unfinished products pipeline system from Kinder Morgan, Inc. known as the “Black Oil System” for a purchase price of $4.5 million. The “Black Oil” system includes approximately six miles of active and thirteen miles of inactive pipelines in the Long Beach, Calif. area.…
shell zone pricing suit dismissed
Six local dealers plan to appeal against ruling. A federal judge dismissed claims by six gas station owners who alleged that Shell Oil Co. charged them more for gasoline in order to drive customers to nearby company-owned locations. The month-long lawsuit was thrown out of a U.S. District Court in Santa Ana on Tuesday before…
exxonmobil and conocophillips wave goodbye to venezuela
Tension between nation and oil companies on the rise, experts say. ExxonMobil Corp. and ConocoPhillips are packing up and leaving Venezuela, according to The Wall Street Journal. The paper reported the two oil companies are leaving behind their multibillion-dollar investments in Venezuela. Experts see this as further evidence that the relationship between Western oil companies…
Pearson Fuels expands California’s e85 market
New ARB grant helps company develop “greener” gas stations. Pearson Fuels has become a major recipient of grant funding from the California Air Resources Board (ARB). Under the grant, ARB has agreed to work closely with Pearson Fuels and financially support the company’s building of Ethanol (E-85) infrastructure throughout the state of California, according to…
texas oil companies prepare for emergencies
New protocol sets up state to handle possible fuel shortages. Texas oil company executives and state leaders are constructing measures to improve gasoline delivery during hurricanes, hopefully reducing the amount of stranded motorists often seen during such disasters, such as in 2005 when Hurrican Rita left roads filled with3.6 million fleeing residents. Because of those…
gas prices fall eleven cents
Drop expected to taper off sooner than later. Gasoline prices fell an average of about 11 cents per gallon in the U.S. over the past two weeks, according to data published by the Lundberg survey. The survey revealed that the average price of self-serve regular unleaded gas stood at $2.9961 per gallon on June 22–a…
senate passes new energy bill
CAFÉ and ethanol become hot topics in Washington. A new bill passed has called for a 40% increase in the Corporate Average Fuel Economy (CAF⊃) for automobiles. The increase is intended to force manufacturers to produce more fuel-efficient automobiles. The new bill calls for the CAF⊃ to be raised to 35 miles per gallon (mph)…
bp gives 75 to stanford university
New grant follows chain of other donations delivered by energy companies. BP Foundation gave a grant of $7.5 million to Stanford University’s Program on Energy and Sustainable Development, the Foundation for Taxpayer and Consumer Rights (FTCR) said today. The Foundation for Taxpayer and Consumer Rights (FTCR) is a non-profit, non-partisan consumer watchdog group. The gift…
citgos harvey honored by astm
Organization honors manager for commitment to high standards in fuel service. David Harvey, CITGO Petroleum Corp. manager, fuels quality technology and technical services, received a special Award of Appreciation from the American Society for Testing and Materials (ASTM) Int. at an ASTM subcommittee meeting in Miami Beach, Fla. The award honored Harvey for his efforts…