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.
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.
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.
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.
The cost of moving gasoline and other fuels on ocean-going tankers is soaring days after sanctions targeting Russia’s petroleum sales.
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.
The U.S. and Europe are struggling to make enough diesel to heat homes, a situation that looks set to become even more acute as winter approaches.
U.S. gasoline prices are on the rise for the first time in 16 days, potentially posing a political challenge for the Biden administration ahead of elections even as it casts a spotlight on Big Oil’s massive profits.
Gasoline shortages rippling across the East Coast are driving up pump prices from New York to Maine, potentially frustrating the Biden administration’s effort to rein in energy costs ahead of the election.