UCAN's not-for-profit gasoline price tracking project at www.fueltracker.com is experiencing technical difficulties. We are working hard to bring the Web site back online and apologize for the inconvenience. If you are a member of UCAN or the media and need help please feel free to e-mail me at langley@ucan.org.
UPDATED Monday, September 28: Contrary to what we published on Friday, gasoline prices in San Diego dropped over the weekend after we predicted a sharp increase. More.
SKY HIGH ... Just as we predicted, gas prices have climbed past the $3.10 a gallon mark, setting a new record for 2009. DETAILS.
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Refineries are raising gas prices even though there is a surplus of gasoline. As one market watcher said. "No one wants it." Get the full story. |
On August 9 the lead story in the Union Tribune Business Section was about high gas and oil prices. The story closed with a quote from me that said " ... the problem is the low supply of surplus gasoline, which drives up prices." But don't think for a moment that supply and demand are responsible for oil prices. There is more to the story.
The San Diego Center for Algae Biotechnology, or SD-CAB, could be a serious threat to the oil industry. Algae is an alternative source for gasoline, diesel and jet fuel, and a huge income opportunity for San Diego citizens. How? By harnessing the power of algae, we will soon be producing gasoline for as little as $2 a gallon. Full Story
No Longer "aFORDable." Detroit's first darling is learning the hard way what it means to be fuelish.
Gas prices have surged 10¢ a gallon in the last 4 days. Now, an enforcement action by appointed bureaucrats at an obscure government agency could eliminate California's toughest gasoline retailers overnight and force prices higher. Bluntly, the government's good intentions will drive some of California's best gas stations down a highway to Hell. Full Story.
UCAN's FUELTRACKER: With gas prices more or less stable at $2.18 a gallon in San Diego, the Department of Energy reported a huge and completely unexpected build in gasoline inventories this morning. And even though the supply is up, gas prices are likely to climb. More.
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