Gasoline Regulations Act of 2012 passes House Energy and Commerce Subcommittee on Energy and Power. On Tuesday, April 17, the House Energy and Commerce Subcommittee on Energy and Power approved a bill along party lines known as the “Gasoline Regulations Act of 2012,” which would delay EPA’s 2008 ozone requirements and it’s new Tier 3…
The Impact of Alternative Fuels
The political momentum to bring renewable energy products to the pumps is strong and growing. But with all the added costs to rebuild the nation’s petroleum infrastructure, is it worth it? By John Lofstock, Editor. Preparing for the future is a complex issue retailers should always be pondering. But in the fuel business this question…
California Low Carbon Standards Unconstitutional
Court rules that standard excessively restricts interstate commerce. Judge Lawrence J. O’Neill of the U.S. District Court for the Eastern District of California has issued a temporary injunction blocking the California low carbon fuels standard. This is welcome news to the California Independent Oil Marketers Association (CIOMA) who have described the standard as unjustifiable, costly…
Congress Urges EPA to Consider Costly Gas Proposal
A proposed rule to reduce sulfur and other chemicals in gasoline, could reduce U.S. gasoline supplies. Last week, a bipartisan group of almost 70 lawmakers sent a letter to the Environmental Protection Agency (EPA), urging EPA Administrator Lisa Jackson to weigh the costs and benefits of a costly proposed rule to reduce sulfur and other…
Effectively Managing the Fuel Market
As gasoline prices trend upward, retailers are struggling to stay competitive on price while protecting their margin. By John Lofstock, Editor. The cost of fuel has been roaring up and down like a rollercoaster, and so has the risk to retailers when purchasing fuel in large quantities. Fortunes can be made by accurately predicting which…