Events

Events

Government, Business, Equipment, Fuel

House Passes Fuel Price Gouging Bill

Stephanie Keith/Bloomberg News

Legislation that aims to expand federal provisions against price gouging in the marketplace for gasoline and other fuels passed in the U.S. House of Representatives on May 19.

Eugene Mulero | Senior Reporter May 19, 2022

Diesel’s High Cost Due to Refining Capacity Shortage, Exports, Experts Say

Fuel-Corpus Christi 0111 AMERICA; AMERICAS; NORTH AMERICA, SOUTH; SOUTHWEST; US, ENERGY; RESOURCES, OIL; GAS; PETROLEUM, REFINERY; REFINERIES, PETROCHEMICAL

A view of the Flint Hills’ refinery in Corpus Christi, Texas. Tropical Cyclone Harvey is on track for Texas, home to offshore oil rigs and inland refineries. If a disruption occurs, it will affect demand for fuel the most, one expert said Eddie Seal — Bloomberg News. With record-high diesel and gasoline prices across the country, oil industry analysts told Transport Topics the runaway energy market isn’t being caused exclusively by higher crude prices or the U.S. economy driving demand for petroleum products.

Dan Ronan | Associate News Editor May 19, 2022

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