A first-in-the-nation bill to punish oil companies for profiting from price spikes at the pump breezed through the California Senate on Thursday at the urging of Democratic Gov. Gavin Newsom, the first major vote in an effort to pass the …
Energy giant BP is seeking to appeal a decision that allowed a small Kansas town’s lawsuit over soaring natural gas prices in February 2021 to proceed. BP, formerly known as British Petroleum, filed two documents last week that indicate it …
An explosion and fire at an oil refinery in Torrance, Calif. over the weekend forced the partial shutdown of the plant, leading oil traders to expect a spike this week in West Coast gasoline prices. Police and the plant owner …
Twenty-five gas stations have settled price-gouging claims made against them immediately after Superstorm Sandy hit New York, state Attorney General Eric Schneiderman announced Thursday. The stations settled for a total of $167,850 and investigations are pending against dozens of others, …
Two gas stations in New Jersey will pay a combined $46,000 to settle claims they gouged gas prices following Superstorm Sandy. The state attorney general’s office and the division of consumer affairs announced the settlement Wednesday with the stations in …
The worst February cold spell Europe has seen in decades may last until the end of the month, leading meteorologists said, raising the prospect of further deaths and an extended spike in European spot gas prices. “We do have higher …
