fuel prices

Business, Technology, Fuel

Visa, Mastercard to Ease Rules, Allowing Stations to Raise Pump Limit

A driver returns a fuel nozzle to a gas pump at a Chevron gas station in San Francisco. A driver returns a fuel nozzle to a gas pump at a Chevron gas station in San Francisco. (Bloomberg News)

Visa Inc. and Mastercard Inc. are planning a raft of changes to rules for gas stations to allow larger transactions after a surge in fuel prices across the U.S. made it hard for some drivers to fill up using credit cards.

Jenny Surane | Bloomberg News
April 1, 2022
Government, Business, Fuel

House Panels Have Mixed Success Getting Oil Execs to Appear

A fuel nozzle in a vehicle at a gas station in Sacramento, Calif. A fuel nozzle in a vehicle at a gas station in Sacramento, Calif. (David Paul Morris/Bloomberg News)

Executives from major oil companies will participate in a House Energy and Commerce Committee hearing next week on skyrocketing gasoline prices, but another House panel didn't have as much success getting witnesses to agree to appear.

Ari Natter | Bloomberg News
March 29, 2022
Government, Business, Fuel

Trucking Sees Little Benefit to Diesel Tax Relief Plans

Trucks at a truck stop fuel pump in Whiteland, Ind. Trucks at a truck stop fuel pump in Whiteland, Ind. (Luke Sharrett/Bloomberg News)

A move by states to soothe the sting of soaring fuel prices by temporarily suspending diesel fuel taxes has some unlikely opponents: truckers, the very people it’s supposed to help.

Keith Laing | Bloomberg News
March 24, 2022
Business, Fuel, Logistics

Instacart Adds Fuel Surcharge to Offset High Gas Prices

The Instacart website on a laptop computer The Instacart website on a laptop computer. (Tiffany Hagler-Geard/Bloomberg News)

Instacart Inc. is adding a fuel surcharge on grocery delivery orders, becoming the latest gig economy company to impose new fees on customers to ease drivers’ gas bills amid record-high prices.

Jackie Davalos | Bloomberg News
March 18, 2022
Government, Business, Fuel

Energy Agency: 10 Steps to Save 2.7 Million Barrels of Oil a Day

an aircraft crossing a bridge over a highway at the airport in Frankfurt, Germany An aircraft crossing a bridge over a highway at the airport in Frankfurt, Germany. (Michael Probst/Associated Press)

BERLIN — The International Energy Agency says the world could quickly reduce global oil demand by 2.7 million barrels a day by cutting down on car and plane travel, helping easing the supply crunch caused by Russia’s invasion of Ukraine.

March 18, 2022
Government, Business, Fuel

Fuel Prices to Climb Higher as US Bans Russian Oil Imports

President Biden announces a ban on Russian oil imports March 8 President Biden warns that Americans will see rising prices, saying, “Defending freedom is going to cost.” (Andrew Harnik/Associated Press)

WASHINGTON — President Joe Biden announced March 8 the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine. But he acknowledged it will bring costs to Americans, particularly at the gas pump.

March 8, 2022
Government, Business, Fuel

California Pump Prices Hit Records

A driver refuels their vehicle at a Shell gas station in La Jolla, Calif. A driver refuels their vehicle at a Shell gas station in La Jolla, Calif. (Bing Guan/Bloomberg News)

California, already paying record prices for motor fuel, is set to shell out even more with the Golden State more exposed to surging oil prices than the rest of the country in the wake of Russia’s invasion of Ukraine.

March 3, 2022
Government, Business, Fuel

Biden Team Seeks Ways to Address Rising Energy Prices

fuel pump David Zalubowski/AP

WASHINGTON — President Joe Biden’s administration is moving at home and abroad to try to address concerns about rising energy prices slowing the nation’s recovery from the pandemic-induced recession.

Zeke Miller | Associated Press
August 12, 2021
Government, Business, Fuel

Diesel Falls 7.4¢ to $2.659 per Gallon; Gasoline Plunges 12.8¢

fuel pump Luke Sharrett/Bloomberg

The U.S. average retail price of diesel fell 7.4 cents to $2.659 per gallon, the Department of Energy reported March 23 as oil prices went lower.

Roger Gilroy | Senior Reporter
March 23, 2020
Government, Business, Fuel

Diesel Declines 2¢ a Gallon to $2.89

Fueling up Getty Images

The price of diesel fuel declined by 2 cents a gallon nationally Feb. 17, according to the U.S. Energy Information Administration.

Connor D. Wolf | Staff Reporter
February 18, 2020

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