gas prices – News Stories About gas prices - Page 17

Jun 22, 2007 5:00 AM CDT

Senate Passes Energy Bill

Vehicles must hit a green 35mpg by 2020; Detroit seeing red

(Newser) - The Senate gave a green light to an energy plan that would pump total fuel-economy standards to 35 mpg by 2020, and require vehicles to run on 85% ethanol by 2015. Democrats say the bill will reduce America's reliance on foreign oil, help control gas prices and counteract the effects...

Scientists Sweeten on Fruit Fuel

Jun 21, 2007 4:48 AM CDT

Scientists Sweeten on Fruit Fuel

To get to core of gas problem, pick apples over ethanol, say studies

(Newser) - Simple sugars found in fruits like apples and oranges can be converted into a new type of bio-based car fuel that provides more energy than ethanol, the current hip gas alternative. US researchers say the dimethylfuran can store 40 percent more energy and is less volatile than its corn-based cousin,...

Nothing We Can Do About Those Prices, Says OPEC

May 25, 2007 8:47 AM CDT

Nothing We Can Do About Those Prices, Says OPEC

It's not us, it's those stingy refiners

(Newser) - Gas prices are soaring, but OPEC says that there's nothing it can do. Historically, the cartel has made big efforts to increase production when prices spike, but not his time, the Wall Street Journal reports. Members of OPEC say that there's plenty of crude being pumped; instead, the price increases...

Biofuels Bump Pump Prices

May 24, 2007 11:51 AM CDT

Biofuels Bump Pump Prices

Government's ethanol push helps slow refinery expansion, boosting costs

(Newser) - Four-dollar gas? Blame biofuels, the oil industry says. Construction of new refinery capacity is on hold thanks to government regulations that will soon require oil companies to produce biofuels such as ethanol. Uncertain standards for biofuels, which may render new refineries useless, have led oil companies to rethink expansion plans—...

Gas Spikes to All-Time Record

May 21, 2007 12:01 PM CDT

Gas Spikes to All-Time Record

Pump pain hits consumer spending

(Newser) - Gas hit a record high of $3.18 yesterday, soaring past the previous all-time high, the inflation-adjusted 1981 price of $3.15 per gallon. A spate of fires and power outages have crippled the nation's refineries, sending prices soaring even as crude oil costs drop. That's turning consumers away from...