While some inventory draw down can be expected during the transition to summer gasoline, it is a pretty safe bet that the current high level of gasoline stocks will prevent a rapid escalation of prices this spring.
The state imposes a tax of 25 cents a gallon at the pump plus a 7% gross receipts tax on the sale of gasoline at the wholesale level.
Load shifting is a type of arbitrage based on the fact that it takes about 24 hours for changes on spot prices at the NYMEX to feed into gasoline prices at the wholesale level, according to Mossman.
FORBES: Fuel Budgets Quadrupled Since 2004 On Surging Oil Price Volatility
Despite all the collective hand-wringing in the background of their financial decisions lately, American car buyers have maintained a pretty level head throughout the last several months of gasoline-price hikes.
FORBES: Recall $5-a-Gallon-Gas Scare? That Was Soooo First-Quarter
Conversion of natural gas to methanol, as widely practiced in the chemicals industry, could provide a cost-effective route to manufacturing an alternative, or supplement, to gasoline, while keeping CO2 emissions at roughly the same level.
FORBES: Governors Press Detroit To Make Natural Gas Vehicles
The reading was below expectations, and represents the lowest consumer sentiment level in five months, driven down mainly by rising gasoline prices.
FORBES: Despite Wary Consumers, February Retail Sales Climb 1%
Rather, they have argued, the Clinton administration's low level of interest in energy policy has brought about current gasoline price spikes in some areas of the nation -- most notably in the Midwest.
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.
"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.
CNN: McCain calls for $300 million prize for better car battery
Mr. GEOFF SUNDSTROM (Spokesman, Triple-A): What's occurring at the retail level and at the fuel distribution terminal is a complete draining of their gasoline inventory, the cleaning of all the equipment and storage, and then a refilling of that storage with the new Ethanol blend fuel.
Gasoline futures for September are down four cents a gallon in early trading today after settling Monday at their highest level in four months.
FORBES: As Gasoline Price Jumps, Will Isaac Coax Obama To Tap Strategic Reserves?
Once the battery charge reaches a certain level it operates like a typical hybrid-powered vehicle, with the 2.0-liter gasoline engine doing most of the work.
应用推荐