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Gas Prices Rise as World Literally Watches

Posted by on Feb 23, 2012 in Blog | Comments Off on Gas Prices Rise as World Literally Watches LOS ANGELES — With news broadcasts in every corner of the country reporting on skyrocketing gas prices, one national news program caught it all on tape. During yesterday’s broadcast of ABC’s “World News” hosted by Diane Sawyer, a live spot from California proved a picture is worth a thousand words — if not more. News reporter Cecilia Vega began her story on...
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High Times

Posted by on Feb 22, 2012 in Blog | Comments Off on High Times Gas prices highest ever for this time of year, with predictions running as high as $6 NEW YORK — Gasoline prices have never been higher this time of the year, reported the Associated Press. At $3.53 a gallon, prices are already up 25 cents since January 1. The Oil Price Information Service predicts that gasoline could peak at $4.25 a gallon by the end of April. That would top the record of...
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California gas station surpasses $5 per gallon

Posted by on Feb 21, 2012 in Blog | Comments Off on California gas station surpasses $5 per gallon It is a dangerous waiting game. Will European and U.S. sanctions against Iran bring about a peaceful resolution to quell Iran’s nuclear aggression? Will Israel remain patient and allow additional economic pressure on Iran from China work? Will a collapsing Iranian economy be the catalyst for an overthrow of the current regime? Or, would heavy blows to Iran’s economy accelerate a...
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Sky-high gas prices loom

Posted by on Feb 16, 2012 in Blog | 1 comment It’s only mid-February, but energy analysts already are warning of a perfect storm that could drive gasoline prices to all-time highs when the weather warms up. The latest evidence came in Tuesday’s monthly California gas price survey released by AAA. AAA said the average statewide price of regular unleaded gasoline climbed 15 cents from last month to $3.85 a gallon. That’s on...
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E85’s Price Crunch

Posted by on Feb 14, 2012 in Blog | Comments Off on E85’s Price Crunch With VEETC expired, retailers try to make the numbers work OAK BROOK, Ill. — Consider it lucky timing. With the expiration of the Volumetric Ethanol Excise Tax Credit (VEETC) at the end of 2011, retailers selling ethanol blends faced an immediate price increase. For those selling E85, the impact was potentially more dramatic, considering that VEETC granted a 38.5-cent credit per gallon,...
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