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Tag Archives Gasoline


File photo of the produce section at a Canadian grocery store. (FatCamera/E+/Getty Images)
Markets

Canada retools inflation baskets with more focus on food, gas

Snowblowers and barbecues in, DVD players out

By David Ljunggren June 20, 2023
Ottawa | Reuters — Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes […] Read more

NYMEX August 2023 West Texas Intermediate crude oil, with August 2023 Brent crude oil (black line). (Barchart)
Crops, Machinery, Markets

Extent of Saudi oil production cut unclear

Reported tensions within OPEC limit price gains

By Glen Hallick June 6, 2023
MarketsFarm — At the OPEC+ meeting Sunday in Vienna, Saudi Arabia announced it will cut its oil production by one million barrels per day (BPD) come July. And while that […] Read more

(Dave Bedard photo)
Machinery, Markets

‘Petro-plectic’ anger rises toward fuel prices

Fuel refiners seen booking 'epic' revenues

By Glen Hallick June 7, 2022
MarketsFarm — Fuel prices are very likely to continue to increase with summer approaching, according to Tom Kloza, the Florida-based global head of energy analysis for Oil Price Information Services. […] Read more

(ThamKC/iStock/Getty Images)
Crops

U.S. EPA allows temporary summer sales of higher-ethanol fuel

Waiver seen as score for corn growers

By Stephanie Kelly April 30, 2022
New York | Reuters — The U.S. Environmental Protection Agency issued an emergency waiver for a higher-ethanol gasoline blend on Friday, allowing summertime sales of the fuel in an attempt […] Read more

NYMEX May 2022 West Texas Intermediate (WTI) crude oil (candlesticks) with Bollinger bands (20,2). (Barchart)
Machinery, Markets

Fuel prices may remain high beyond Russian invasion, expert says

By Adam Peleshaty March 22, 2022
MarketsFarm — The decision by the U.S. to halt the import of Russian petroleum products due to the country’s invasion of Ukraine created sticker shock at the pumps in North […] Read more


(Dave Bedard photo)
Machinery, Markets

Gasoline, diesel prices set to continue rising

By Glen Hallick February 17, 2022
MarketsFarm — The steady rise in crude oil prices is based on three factors, according to Tom Kloza, global head of energy analysis for Oil Price Information Service at Lakewood, […] Read more

A City of Iqaluit worker fills a water truck at the Sylvia Grinnell River after authorities ordered the Nunavut capital’s 7,000 residents not to drink the city’s water due to suspected fuel contamination, on Oct. 14, 2021. (Photo: Reuters/Casey Lessard)

Iqaluit confirms ‘exceedingly high levels’ of fuel in water supply

Water not safe for cooking or drinking, city says

By Moira Warburton October 16, 2021
Reuters –– The Canadian city of Iqaluit said lab results confirmed that fuel had entered its water supply, officials announced Friday. Analysis of samples from one of the city’s water […] Read more

(Scharfsinn86/iStock/Getty Images)
Crops, Machinery

U.S. oil industry seeks unusual alliance with Farm Belt against electric vehicle agenda

'We weren't born yesterday'

By Jarrett Renshaw, Stephanie Kelly January 29, 2021
New York | Reuters — The U.S. oil industry is seeking to forge an alliance with the nation’s corn growers and biofuel producers to lobby against the Biden administration’s push […] Read more


Pickup trucks roll out of General Motors’ assembly plant at Oshawa, Ont. (Media.gm.ca)
Machinery

GM aims to end sale of gasoline- and diesel-powered light trucks, cars by 2035

By David Shepardson January 29, 2021
Washington | Reuters — General Motors said on Thursday it was setting a goal to sell all its new cars, SUVS and light pickup trucks with zero tailpipe emissions by […] Read more

(Fentino/E+/Getty Images)
Crops, Machinery

Bibeau promises help to farmers on rising carbon tax

Funds expected to help farmers cut emissions

By Allan Dawson December 17, 2020
A steadily rising carbon tax has a lot of Western Canada’s grain farmers wondering how they’ll compete in world markets against competitors not subjected to a similar tax. “I think […] Read more

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