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October 12, 2008 9:33:05 PM CDT

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Stories related to: gas stations

Stories

7 Stories

  • September 2008

    • Southeastern Gas Shortage Wreaks Havoc

      Washington Post  |  Sep 26, 08 9:22 AM CDT

      Southeastern Gas Shortage Wreaks Havoc

      (Newser) - Gas is in short supply throughout the Southeast this week after oil production was hit hard by hurricanes Gustav and Ike, the Washington Post reports. Some didn’t make it to work as gas station lines grew to 60 cars long; half the stations in Atlanta were closed. “I drove past 9 or 10 gasoline stations that were out of gas,” said a Charlotte worker. Two major petroleum pipeline continue to operate well under capacity. More »

      Tags

      Georgia  • energy  • North Carolina  • oil production  • oil refineries  • gas stations  • gas consumption  • gas pipelines

  • August 2008

    • Obama Takes Campaign to Gas Pumps

      Palm Beach Post  |  Aug 6, 08 4:34 PM CDT

      Obama Takes Campaign to Gas Pumps

      (Newser) - Barack Obama's campaign will run an energy-themed ad on TVs on Florida gas pumps starting today, the Palm Beach Post reports. The commercial highlights alternative-energy research and tax cuts as parts of Obama's plan to "break the grip of foreign oil," while presenting John McCain as more of the status quo. More »

      Tags

      Barack Obama  • John McCain  • Obama 2008  • Florida  • alternative energy  • gas stations

  • July 2008

    • High Prices Pound Gas Stations

      Wall Street Journal  |  Jul 7, 08 6:22 PM CDT

      High Prices Pound Gas Stations

      (Newser) - Angry at gas stations for profiting on your financial misery? Think again, the Wall Street Journal reports: They're fast going out of business as oil prices rise. This year's 40% price hike has sent costs soaring, shuttering 3,000 US stations and causing Exxon Mobile to announce the sale of 2,200 more. Closings will also hurt consumers, creating less convenience, less competition, and possibly higher prices. More »

      Tags

      oil price  • business  • profits  • gas stations  • oil industry  • regulations

  • June 2008

    • Exxon to Sell US Gas Stations

      Associated Press  |  Jun 13, 08 4:48 AM CDT

      Exxon to Sell US Gas Stations

      (AP) - Exxon Mobil is getting out of the retail gasoline business, following other major oil companies who've been selling their low-margin stations to gasoline distributors. The world's biggest publicly traded oil company plans to sell to distributors its remaining 820 company-owned stations and another 1,400 outlets operated by dealers. The transition will take years. More »

      Tags

      gas prices  • crude oil  • Exxon Mobil  • gas stations  • Big Oil

    • Gas Rising, Station Owners Barrel Toward Bankruptcy

      Los Angeles Times  |  Jun 10, 08 12:24 PM CDT

      Gas Rising, Station Owners Barrel Toward Bankruptcy

      (Newser) - Stiff fuel prices are not pouring cash into the pockets of California gas station owners—instead, they're driving them into bankruptcy. Credit card fees, tanker-load costs, and other rapidly increasing expenses are putting the crunch on retailers, reports the Los Angeles Times . More »

      Tags

      California  • Los Angeles  • gas prices  • gas  • fuel  • gas stations

  • May 2008

    • As Gas Spikes, Profit Scarce for Station Owners

      Washington Post  |  May 25, 08 1:13 PM CDT

      As Gas Spikes, Profit Scarce for Station Owners

      (Newser) - Feeling sorry for gas station owners might be more than the average consumer can muster these days, but, reports the Washington Post, the emotion might not be misguided. Oil giants like Exxon cut owners' profit margins and raise rents, while micromanaging details down to which shelf franchisees place soda on. If the owner raises the price per gallon a few pennies, Exxon spikes its wholesale price, leaving little room for earnings. More »

      Tags

      gas prices  • gas  • fuel costs  • Exxon  • gas stations

    • Old-School Pumps Can't Register New Gas Prices

      Associated Press  |  May 12, 08 7:30 PM CDT

      Old-School Pumps Can't Register New Gas Prices

      (Newser) - With gas at nearly $4 a gallon, thousands of American gas station owners foresee trouble—because their old-time pumps can't price gas at higher than $3.99. "In small towns, where you don't have the volume, there's no way you can afford to pay for the replacements for these old pumps," one owner told the AP. "It's just not economically feasible." More »

      Tags

      gas prices  • gas  • fuel  • gas stations

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