While ethanol advocacy groups cheer on the decision, some organizations have strong concerns. The U.S. Environmental Protection Agency (EPA) has extended a waiver allowing higher ethanol concentrations in fuel for 2007 and later model year cars and trucks to 2001-2006 model year vehicles, Oil & Gas Journal reported. Waivers, however, won’t be granted for fuels…
ADD Systems Appoints New President
Bruce Carl Bott has been appointed president of ADD Systems. “For several years now, I have been gradually shifting responsibilities to Bruce Jr. and others in anticipation of this change,” said ADD Systems CEO / Owner Bruce Alan Bott. “So while a change in presidency is significant and momentous, we fully expect a smooth transition.…
Gasoline’s Seasonal Decline After Labor Day
Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices were mixed for the week ending on Labor Day, as the transition from summer grade gasoline blends to the less expensive to produce winter gasoline formulas prompt different trading activity. Gasoline prices moved lower along the West Coast amid ample supply, while short covering…
Rallying Oil Futures Points to Higher Gasoline Prices
Brian L. Milne, Refined Fuels Editor, Telvent DTN July ended with a rally in wholesale prices for gasoline that either reversed or otherwise mitigated what would have been a decline in these costs for the last week of July. As a result, wholesale gasoline prices were mixed that will have a limited impact on pass…