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Motor Fuels

Further Signs of Stress in Canada's Oil Sands

Associated Press
November 19, 2008 - Canada's booming oil sands industry showed more signs of cooling off Monday as crude prices continued their long plummet from record summer highs. ...
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U.S. Petroleum Demand-Reduction Rate Largest Since Early 1980s

American Petroleum Institute
November 19, 2008 - Total U.S. petroleum deliveries, which dropped more than 4 percent in October, have fallen 5 percent from January through October, a rate not seen since the early 1980s, according to the American Petroleum Institute (API). ...
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Driving Down Gas Prices: Feds Forecast $2.37 Average

The Free Press
November 19, 2008 - Government analysts say gas prices have dropped because of lower crude oil commodity prices -- a result of the stock market decline -- and because many Americans have drastically cut their drive time....
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U.S. Raises Ethanol Fuel Standard for 2009

United Press International
November 18, 2008 - The federal government said Monday it is increasing the target for the amount of ethanol used in the U.S. gasoline supply to 11.1 billion gallons. ...
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U.S. Gas Prices Fall 60 Days and Counting

United Press International
November 18, 2008 - U.S. gas prices, once a catalyst for pushing consumers away from large vehicle purchases, have plummeted since July to slightly more than $2 per gallon. ...
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Falling Gas Prices Hand Retailers Rare Profits

North County Times
November 18, 2008 - A plunge in gasoline prices since summer has been a huge relief for cash-strapped drivers, but an especially steep drop in the last four weeks reflects a quirk of the wholesale market that is allowing independent gas stations a rare shot at big profits....
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Oil Slips As Investors Mull Recession

Associated Press
November 18, 2008 - Fears of a prolonged recession in developing countries and weak crude demand sent oil prices drifting below $55 a barrel Tuesday. ...
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Once Booming, Now Beaten Down, Ethanol Enters a New Era

Saint Paul Pioneer Press (St. Paul, Minn.)
November 17, 2008 - The ethanol industry isn't dying. It's not even shrinking. But it is changing, as the industry reels from a year of almost unimaginable volatility. ...
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Lower Gas Prices Fail to Spur Spending

United Press International
November 17, 2008 - Falling gas prices have not encouraged U.S. consumers to run out on shopping sprees, retail data shows....
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Anxiety Still High Despite Lower Gas Prices

International Herald Tribune
November 14, 2008 - Americans are breathing a collective sigh of relief as gasoline prices experience a record decline. But even as worry about gasoline prices fades, it is being replaced by fear about the broader economy....
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