Fuelishness! Feed

June 11, 2008 · Filed Under Fuelishness!

Record high prices for gasoline probably won’t drop before the November election, Republican John McCain said Wednesday.
Violence broke out at the gas pumps in Orange County. Police say a La Palma doctor waiting in line to buy gas at the Costco warehouse store in Cypress grabbed a tire iron and confronted a motorist who cut into the line.
The president of the European Central Bank, Jean-Claude Trichet, on Monday called on oil producers and consumers to learn from past mistakes if Western economies were to avoid a repeat of the high inflation and unemployment that followed the first global oil shock inÂ 1973.
One bicyclist was dead and another injured two days into a week promoting safe bicycle commuting in the Chicago area.
Airlines are scrutinizing every step of their operations, from the tarmac to the sky, and from the nose to the tail of their planes, searching for new ways to cut their soaring fuelÂ bills.
OPEC’s Secretary General on Tuesday appealed for calm, saying the record-high crude oil price was unbearable and did not reflect any shortage of supply in the market.
In its monthly oil market report, the IEA said â€œsupply growth so far this year has been poor and higher prices are needed to choke off demand to balance the marketâ€.