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CA gas prices rose 0.9 cents/gal in past week to $3.69/gal

Average retail gasoline prices in California have risen 0.9 cents per gallon in the past week, averaging $3.69/g yesterday. This compares with the national average that has increased 1.1 cents per gallon in the last week to $3.34/g, according to gasoline price website CaliforniaGasPrices.com. Including the change in gas prices in California during the past week, prices yesterday were 35.5 cents...
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Obama Administration to Kill Keystone Pipeline

The Obama administration is  to reject the Keystone crude oil pipeline. This  decision will please environmental groups at the expense of thousands of American construction jobs. Reuters reported this afternoon. Keystone Pipeline The administration could announce its rejection of TransCanada’s 1,700-mile Keystone XL pipeline later today. State Department...
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GasBuddy releases its 2012 gasoline outlook

After weeks of analysis, GasBuddy has released its yearly gasoline price outlook. The analysis is the result of in-depth analysis run by two of GasBuddy’s own Petroleum Analysts, Patrick DeHaan and Gregg Laskoski. While this is GasBuddy’s first annual official gasoline outlook, it comes after industry leading accuracy of past forecasts, such as two notable forecasts our analysts...
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The Low-Down on High Octane Gasoline

Are you tempted to buy a high octane gasoline for your car because you want to improve its performance? If so, take note: the recommended gasoline for most cars is regular octane. In fact, in most cases, using a higher octane gasoline than your owner’s manual recommends offers absolutely no benefit. It won’t make your car perform better, go faster, get better mileage or run cleaner....
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Chevron Moves to Cap Prompt-Pay Discounts

Company tinkering with policy market-wide, regionally By Carole Donoghue SAN RAMON, Calif. — In a move that has rattled jobbers, Chevron has changed the terms of its prompt payment discount for wholesalers buying branded gasoline and diesel, CSP Daily News has learned. The revamp was effective January 5, the refiner told marketers in a message late last week. Most major oil companies offer...
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