Downing Street has agreed to set up a fuel price watching system after the competition watchdog found supermarkets had increased their profit margin by six pence per litre. In its final report on the road fuel market study, the Competition and Markets Authority (CMA) said competition among fuel retailers has not been working well. It…
UK to Set up Fuel Price Watch After Watchdog Finds Supermarkets Charged Extra Margin
EPA Criticized Over ‘Disappointing’ Ethanol Mandates in New Renewable Fuel Standards
The Environmental Protection Agency (EPA) on June 21 unveiled its Renewable Fuel Standard, increasing the amount of biofuels that American refiners must blend into the nation’s fuel supplies from 2023 to 2025, but keeping in place lower mandates for homegrown corn-based ethanol. Under the new fuel standards, biofuel blending volumes are set at 20.94 billion gallons in 2023,…
Howard Cox: ‘Governments Don’t Seem to Understand–the Commercial Heartbeat of Any Economy is Transport’ | British Thought Leaders
NTD’s Lee Hall sits down with Howard Cox, founder and CEO of Fairfuel UK, one of Britain’s most successful campaign groups. Howard works in the interests of motorists, calling for lower fuel prices and freezes on taxes. Fairfuel UK addresses other motoring issues such as bans on petrol cars and environmental traffic measures. …
UN Nuclear Watchdog: 2.5 Tons of Uranium Missing in Libya
DUBAI, United Arab Emirates—Some 2.5 tons of natural uranium stored in a site in war-torn Libya have gone missing, the United Nations nuclear watchdog said Thursday, raising safety and proliferation concerns. However, forces allied to a warlord battling the Libyan government based in the capital of Tripoli claimed on Thursday night that they recovered the…
‘Gas and Dash’: Fuel Thefts on the Rise in Some Provinces
RCMP in at least two provinces say there have been big jumps in fuel thefts in 2022, compared to 2021. In Saskatchewan, RCMP say there was a 70 percent jump in people stealing gasoline or diesel fuel in 2022—around 818 cases in total. “Of that, 510 of those were mostly from someone fuelling up at…
Investors Pressure European Banks to Stop Financing New Fossil Fuel Projects
February 11, 2023
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A group of investors representing over $1.5 trillion in assets under management sent demand letters on Feb. 7 to five of Europe’s biggest banks, calling on them to stop financing fossil fuel firms by the end of 2023. ShareAction—an investment group whose website states that its “vision is a world where the financial system serves…
Capitol Report: 50th Anniversary of March for Life; Breaking Down US Energy Transition
Thousands of people were in Washington, D.C., on Friday for the 50th annual March for Life in a post-Roe America. President Joe Biden is touting legislative achievements on his second anniversary in office. The White House makes its latest move after Biden says he has “no regrets” about classified documents. An often overlooked factor of…
Study Finds Increased Lead Exposure in Children Living Near California Airport
A new study from Colorado State University found that lead levels in the blood of children living near airports are higher due to the leaded gasoline of aircraft. According to the study, 4 million Americans live within about 547 yards (500 meters) of an airport that has aircraft using leaded fuel, and 170,000 such aircraft…
Oil Tank in Colombia’s Barranquilla Explodes Into Flames, One Dead
BOGOTA—A fuel tank exploded into flames in Colombia’s Caribbean city of Barranquilla early on Wednesday, killing a firefighter who fell during the explosion, local authorities said. The firefighter was identified as Javier Solano, 53, by Colombia’s President Gustavo Petro in a message on Twitter, in which he pledged to support the city’s mayor, Jaime Pumarejo….
Alberta to Suspend Fuel Tax, Saving Albertans 13 Cents per Litre
Alberta’s Finance Minister Travis Toews announced Dec. 20 that the province would suspend the full provincial fuel tax for six months, starting Jan. 1. That means Albertans will save 13 cents per litre on gasoline and diesel for the first half of the new year, Toews said. That’s an estimated $440 total for people driving…
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