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Ever wonder when stations started adding fractions to the price of gas? - San Bernardino County Sun

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Ever wonder when stations started adding fractions to the price of gas? - San Bernardino County Sun Ever wonder when stations started adding fractions to the price of gas? - San Bernardino County Sun Posted: 11 Jun 2021 06:17 AM PDT Q. Honk: Why is gasoline sold in fractions of a penny when 100% of the people cannot make change for 9/10ths of a cent? Unless you are purchasing in 10-gallon increments, the price is being rounded off. I cannot purchase a gallon of milk using fractions! – Dennis Crane, Costa Mesa A. "It started back in the '10s, when gas was a nickel,"  said Ed Jacobsen , also know as Jake the Oil Guy , referring, of course, to the last century. "It started with taxes by the different entities." Gas stations at the time figured, "We're not going to eat that," and just passed the taxes along to customers, he said. Jake the Oil Guy knows. He once owned six gas stations and now runs

Mexico's Pemex Snaps Up Ownership of Texas Refinery in Quest for Energy Self-Sufficiency - Natural Gas Intelligence

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Mexico's Pemex Snaps Up Ownership of Texas Refinery in Quest for Energy Self-Sufficiency - Natural Gas Intelligence Mexico's Pemex Snaps Up Ownership of Texas Refinery in Quest for Energy Self-Sufficiency - Natural Gas Intelligence Posted: 25 May 2021 12:00 AM PDT Mexico's state oil company Petróleos Mexicanos (Pemex) will add more refining capacity to its portfolio with the deal announced Monday to purchase Royal Dutch Shell plc's share in the partnership that owns the Deer Park refinery on the Texas coast. The $596 million transaction was celebrated by Mexican officials as yet another step on the nation's pathway to energy self-sufficiency . Following the deal, the Deer Park, Texas refinery would be the first outside of Mexico to be fully controlled and operated by Pemex. "This is very good for Pemex and for all Mexicans, and for self-sufficiency," Energy Minister Rocío Nahle told local press. Sh

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${latestItem It could be a hot summer ahead for oil prices - CNBC Posted: 02 Jun 2021 12:00 AM PDT Oil prices could temporarily spike to $80 per barrel or more this summer as demand comes roaring back. The reopening economy has already sent crude up about 40% since the start of the year, but a surge in driving by Americans, as well as an increase in goods transportation and air travel, could pressure prices further. For consumers, that means the typical early summer peak in gasoline prices could come later in the season. Unleaded gasoline was $3.04 per gallon on average Wednesday, about a penny higher than last week but more than 50% higher than a year ago, according to AAA. Brent futures, the international crude benchmark, settled up 1.6% at $71.48 per barrel Wednesday, the highest since Jan. 8, 2020. West Texas Intermediate futures for July were 1.6% higher at $68.83 per barrel, after hitting a high of $69.65, the highest since O

YC sends mirror and bicycle to PM, Amit Shah, Pradhan and Irani to protest against fuel prices - National Herald

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YC sends mirror and bicycle to PM, Amit Shah, Pradhan and Irani to protest against fuel prices - National Herald YC sends mirror and bicycle to PM, Amit Shah, Pradhan and Irani to protest against fuel prices - National Herald Posted: 11 Jun 2021 07:50 PM PDT Petrol price on Sunday, June 6, however had crossed Rs 95 a litre in Delhi and diesel breached Rs 86 per litre mark for the first time ever as fuel prices were hiked again. Sunday's hike, 20th since May 4, took fuel prices across the country to a historic high. Petrol prices breached the Rs 100 per litre mark in six states and union territories, namely Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana and Ladakh. Oil marketing companies (OMC) kept petrol and diesel unchanged on Thursday across the four metros. Accordingly, in the national capital, petrol price on Thursday remained at Rs 95.56 per litre and diesel at Rs 86.47 per litre. Battle for Utt

Crude oil futures rise on spot demand - Economic Times

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Crude oil futures rise on spot demand - Economic Times Crude oil futures rise on spot demand - Economic Times Posted: 04 Jun 2021 03:41 AM PDT NEW DELHI: Crude oil prices rose Rs 33 to Rs 5,044 per barrel on Friday, as participants widened their positions on a firm spot demand . On the Multi Commodity Exchange , crude oil for the June delivery traded higher by Rs 33, or 0.66 per cent, at Rs 5,044 per barrel in 10,805 lots. Analysts said raising of bets by participants kept crude oil prices higher in the futures trade. Globally, West Texas Intermediate crude oil gained 0.36 per cent to USD 69.06 per barrel, while Brent crude traded 0.32 per cent higher at USD 71.54 per barrel in New York. You are subscribed to email updates from "crude oil spot,crude oil" - Google News . To stop receiving these emails, you may unsubscribe now . Email delivery powered by Google Google, 1600 Amphitheatre Parkway, Mountain Vi

Energy Report: Iranian Headlines And Reality - Investing.com

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Energy Report: Iranian Headlines And Reality - Investing.com Energy Report: Iranian Headlines And Reality - Investing.com Tourmaline Continues North Montney Consolidation with the Acquisition of Black Swan Energy - Canada NewsWire Oil prices stay firm as demand to outstrip supply in H2 - ETAuto.com Daily Update: June 8, 2021 - S&P Global Energy Report: Iranian Headlines And Reality - Investing.com Posted: 11 Jun 2021 06:38 AM PDT prices got hit hard on a Bloomberg headline that the U.S. lifted sanctions on Iranian oil. That caused a sharp selloff. Yet Bloomberg later offered a correction saying that the U.S. had lifted sanctions on Iranian individuals. That has nothing do to with the Iranian nuclear talks that seem to be going nowhere. Neither is their oil. OK, at least not today. Tanker Trackers reports that Iran's Crude Oil & Gas Condensate exports are now trending back down again due to