petroleum

Might want to buy some stock in whatever company you think makes the most fuel-efficient cars. The price of U.S. gasoline could hit the $6 mark if international sanctions are imposed on Iran and shut down the Strait of Hormuz, through which much of the world's oil is shipped, the Chicago Tribune ...

It's not much, but Americans are using more fuel this year than last year. Numbers released by the American Petroleum Institute show that U.S. petroleum deliveries increased by 2.5 percent in September 2011, compared to September 2010. API chief economist John Felmy – always the economist, ...

U.S. gasoline demand fell by 1.3 percent to a ten-year low for the month of August, thanks to consumer sentiment that is still stalled even as industry demand for diesel fuel shot up by 10.8 percent, according to the American Petroleum Institute (API). On a year-to-date basis, demand for gas was ...

Last week, the Environmental Protection Agency (EPA) and the U.S. Justice Department announced a settlement to resolve claims that Rocky Mountain Pipeline System, LLC, Western Convenience Stores, Inc. and Offen Petroleum, Inc. illegally mixed and distributed more than one million gallons of ...

More than two years ago, the price of oil soared to over $100 dollars a barrel. Today, it's not nearly that high, but at a price of $88.21 in the U.S., oil is slowly creeping up, thanks in part to soaring fuel consumption that's linked to a rebounding economy. According to the American ...

The cosmic oil-consumption scales have been tipping back and forth a lot this week. On Tuesday, Nissan revealed that its all-electric Leaf will be priced lower than most of us expected. On Wednesday, President Obama announced that we'll be ramping up our off-shore drilling efforts on the East ...

With all the attention being paid to alternative fuels, it is not surprising that Big Oil should launch a PR counteroffensive. The American Petroleum Institute (API), advertising itself as "the People of America's Oil and Natural Gas Industry," is running a new TV ad, Delivering America's Energy ...

With gas prices as they are, getting a fill-up can feel a little bit like an adventure -- as in 'just where am I going to locate the money to fill up my Suburban this week?' I don't personally remember it, but I've heard about the long lines that existed in the 1970s, when getting gas seemed nigh ...

I have long had the image that that fuel pump hose filling our gas tanks is really more like a money vacuum. We pump in 10 gallons and make a $35 deposit into the oil cartel bank account. They then take some of that money and use some of it to explore for new oil. They use another part to live ...

digg_url = 'http://digg.com/environment/Biodiesel_drastically_reduces_LIFECYCLE_emissions_and_has_4x_net_energy'; The U.S. Department of Energy and the U.S. Department of Agriculture have published the results of the Biodiesel Lifecycle Inventory Study which looked at energy resources consumed ...