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Tag Archives: Gasoline

Gasoline prices rise as the largest refinery on the East Coast closes the store

RBOB gasoline futures jumped overnight, accelerating their recent rise since the blast and massive inferno at the Philadelphia Energy Solutions (PES) plant, after Reuters reported that the largest refinery on the East Coast is expected to try their hand Oil refinery shut down permanently in the city after a massive fire had damaged the complex significantly. The closure of the …

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If you own a car in Illinois, smoke or buy gasoline, you pay more: A look at the fees and taxes paid by lawmakers

The Illinois will pay more for gasoline, cigarettes and annual license plate fees to pay the $ 45 billion public works plan that the General Assembly approved in the final days of its spring session. Republicans and Democrats have teamed up to support The tax hikes, which finance major modernization of roads, bridges, and transportation routes, have shaped "Rebuild Illinois." …

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Venezuela gasoline prices should rise to international level: Maduro

CARACAS (Reuters) – Venezuela's heavily subsidized gasoline prices should rise to international levels to avoid billions in losses from petrol smuggling, President Nicolas Maduro said in a televised address on Monday. Venezuelan President Nicolas Maduro speaks at a meeting with ministers at the Miraflores Palace in Caracas, Venezuela August 13, 2018. Miraflores Palace / Handout via REUTERS "Gasoline must be …

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The OPEC is brimming with hopes for much lower US gasoline prices this summer

All hopes for significantly lower gasoline prices at the pump this summer were squashed as the organization of the oil-exporting countries announced an unexpectedly low increase in crude oil production. The oil price rose on Friday, and "I call this a bust for motorists hoping for noticeably lower gasoline prices," said Patrick DeHaan, head of oil analysis at GasBuddy. OPEC …

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If gasoline prices go up, what does it cost to refill your car?

This Tuesday, May 2, 2017, photo, a motorist prepares to regularly dial gas at a pumping station in a chevron station in Miami. (Photo: Alan Diaz, AP) Gasoline prices continue to rise, erases some of America's tax-saving savings, fuel economy is suddenly important again. The national average of $ 2.86 per gallon was 52 cents higher than a year ago, …

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Oil is falling on Trump's recent threats against China

LONDON (Reuters) – Oil prices fell Friday after US President Donald Trump's threat of new tariffs on China rekindled fears of a trade war between the world's two largest economies. FILE PHOTO: The Shaybah Oilfield Complex is seen at night in the Rub & # 39; al Khali Desert in Saudi Arabia on November 14, 2007. REUTERS / Ali Jarekji …

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