Posts Tagged ‘Gas Prices’

Shell Chief Executive Peter Voser said his company looks "forward to a good cooperation with the government," but he refused to say how much money will be spent on the project.

A small group of insurgents in Nigeria's oil-rich Niger Delta helped drive up oil prices around the world yesterday by announcing a strike against one of Royal Dutch Shell's two main export terminals in the West African nation.

Continuing the fuel price war, Total and Shell both announced that they were dropping their lowest petrol price to 82.9p a litre.

Oil prices hit four-year lows Friday as employers cut the highest number of jobs in 34 years. The continuing decline in prices is so dramatic and so sudden that it is raising the prospect that gas prices could soon fall below $1 a gallon.

Mohinder Singh says he meant to set the price of diesel at $3.59 a gallon, but he forgot to add the "3" when he was typing the new price into the computer at his Shell station in rural Wisconsin.

The price of gas collapsed over the weekend as warm weather and full storage tanks forced importers to give away gas for - literally - nothing.

Crude-oil futures plummeted more than $10 a barrel Monday after the House voted down a plan to rescue financial markets, magnifying doubts about demand growth.

Shell Oil said half of the Shell-branded stations in Houston and Galveston were without fuel Friday; other oil companies also reported stations out of gas before Ike's arrival.

Jobbers across the country received the bi-annual letter on June 30, warning that those who do not meet minimal requirements could face an uncertain future.

Washington's fear and confusion over high gasoline prices has come to this: Democratic Party leaders, who have dismissed Republican calls to end the federal ban on offshore oil drilling as a political stunt, have suddenly decided it may not be such a bad idea after all.

Crude oil prices fell below $120 a barrel for the first time in three months on Monday, as new data underscored the damage high energy costs are inflicting on US consumers.

Petronet LNG Ltd., India's biggest buyer of liquefied natural gas, and Royal Dutch Shell Plc operate Dahej and Hazira LNG import terminals respectively on the country's west coast.

Battered by rising petrol prices and despairing of the ability of politicians to ease their pain, Americans are turning to the one figure they think can help - God.