Spending on gasoline and motor oil rose 25% in 2011, mostly because the price of gasoline climbed 26.4%.
Obama quickly waived reforumalated gasoline fuel specs so a much broader, deeper avaialabe conventional gasoline could be used.
Rapidly falling gasoline inventories are a good predictor of sharply higher gasoline prices.
The price of gasoline is set by the government and the biggest supplier of gasoline to the market is Petrobras.
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"But our citizens must understand this storm has disrupted the capacity to make gasoline and distribute gasoline, " the president said.
Gasoline shortages started in South Siberia last weekend, where independently owned filling stations stopped selling gasoline because of a lack of fuel.
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Conventional hybrids use mainly the gasoline engine for propulsion, drawing on the electric drive and batteries only occasionally to (impressively) improve gasoline efficiency.
Refiners are also getting around the renewable fuels mandate by shipping refined gasoline abroad, because exported gasoline is exempt from the ethanol requirement.
Ford has to keep the price of the SUV's gasoline variants low as demand for vehicles powered by gasoline has fallen in India.
Gasoline cards can come in many varieties: prepaid cards or certificates, credit cards issued by gasoline companies, and cards issued by credit card companies.
An aging refinery infrastructure, increased domestic gasoline consumption, unexpected distribution disruptions and dwindling oil and gasoline reserves have pushed the U.S. to the edge.
It is also considering conducting tests using gasoline cut with 10% ethanol, like most commercially available fuel, instead of the pure gasoline prescribed now.
That breaks down to 2.5 million bpd of ethanol blended with 0.4 million bpd of gasoline (which would be an 82% reduction in gasoline consumption).
Mr. VAITHEESWARAN: In fact, the single biggest determinant of gasoline prices is the price of crude oil, the main product that goes into making gasoline.
Our government must also level the playing field for all alcohol fuels that break the monopoly of gasoline, to lower both gasoline prices and carbon emissions.
American exports of finished gasoline have soared in the past two years to record levels, as growth in U.S. oil supplies outstrip domestic gasoline demand.
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This will help take some pressure off of gas prices, but our citizens must understand this storm has disrupted the capacity to make gasoline and distribute gasoline.
But butane also adds to the total gasoline pool, so that means that gasoline supplies increase in the winter as more butane is added to the mix.
But for gasoline blenders, ethanol at equal to or higher than the cost per gallon of gasoline was not a price that would compel them to buy ethanol.
With the resulting inevitable adjustment in prospects for the gasoline-powered economy will come a major change in public perception about whether we can just keep driving gasoline-powered cars.
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The U.S. oil industry has blamed the high prices on new federal regulations that require Midwestern gasoline producers to provide cleaner-burning gasoline reformulated with a more expensive additive.
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You will end up with less gasoline than you paid for, and that would also contribute to the air pollution problem that summer gasoline was designed to avoid.
This is like indexing your transportation spending to gasoline prices and then saying a gas price spike has not caused your gasoline spending to rise in real terms.
Producer prices for gasoline jumped 9.3% after a 4.6% decline in April, with the latest data representing a 26.3% increase in gasoline producer prices from a year ago.
The percentage of biofuels blended into gasoline is projected to account for 4.3% of the total gasoline pool by volume in 2007, 7.5% in 2012 and 7.6% in 2030.
For now, sharply rising prices are mostly concentrated in oil and gasoline: Gasoline prices were up 6 percent in February alone, and 12.6 percent over the prior 12 months.
These are the kinds of things that push gasoline prices higher every spring after what is normally a lull in gasoline prices in the late fall and early winter.
"Instead of playing favorites, our government should level the playing field for all alcohol fuels that break the monopoly of gasoline, both lowering gasoline prices and carbon emissions, " he said.
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As the API explained, the immediate loss of gasoline supplies and the lack of demand for crude from refiners pushes up the price of gasoline while putting downward pressure on crude oil.
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