gasoline News Updates

GovernmentBusinessFuel

Soldiers Will Haul Fuel to Ease UK Crisis

LONDON — The British government’s reserve tanker fleet was being deployed Sept. 29 to help deliver gasoline to empty pumps across the U.K., and military drivers will begin operating tankers in the coming days to ease the country’s fuel supply crisis, a top official said.

September 29, 2021
GovernmentBusinessFuel

Why and How the UK Is Experiencing a Fuel Crisis

LONDON — Long lines are snaking down streets across the U.K. as drivers struggle to fill up their cars, causing widespread traffic misery and worries over whether emergency services can do their work.

September 28, 2021
BusinessFuel

Fuel Use Tops Pre-Virus Level Heading Into Holiday

U.S. gasoline consumption in the week leading up to the Independence Day holiday may have been the highest since 2019, adding to signs of recovery from the pandemic travel slump, analysts said.

July 6, 2021
GovernmentBusinessFuel

US Forecasts Highest Summer Fuel Prices Since 2018

Drivers eager to get back on the road more than a year into the pandemic will face the highest summer gasoline prices since 2018, according to a U.S. government report.

April 6, 2021
GovernmentBusinessFuel

European Gasoline Diverted to Texas to Ease Supply Crunch

Five gasoline tankers that were en route to the U.S. East Coast diverted to the Port of Houston to help ease a supply crunch after last month’s freeze crippled the region’s refineries.

March 8, 2021
BusinessFuel

Texas Gas Stations Still Dark Following Big Freeze

More than 1,700 gas stations are without electricity Feb. 19 because of the Texas power disaster, threatening to push pump prices even higher with key refineries in the state still shut.

February 19, 2021
GovernmentBusinessSafetyFuel

Gasoline Rises to Five-Month High on US Gulf Hurricane Threat

Crude and gasoline futures both climbed to levels not seen since before the pandemic as Hurricane Laura rattled toward a key stretch of the U.S. Gulf Coast that is home to the nation’s greatest concentration of refining capacity.

August 25, 2020
GovernmentBusinessFuelLogistics

US Seizes Four Iranian Tankers Carrying Fuel to Venezuela

The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.

August 14, 2020
GovernmentBusinessFuel

Gasoline’s Demand Rebound Fades at Height of US Driving Season

A sharp rebound in gasoline consumption that helped to drive oil prices higher appears to be running out of steam, a development that should be a cause for concern across the petroleum industry.

July 28, 2020
BusinessFuel

Gig Economy Drivers Are Fueling a US Gasoline Demand Rebound

Gig-economy deliveries for groceries, alcohol and other goods look to be driving a nascent recovery in U.S. gasoline demand after the lowest plunge in almost 30 years.

May 19, 2020