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Diversion of state gas tax funds puts gas station owners in jeopardy!

Published: Saturday, February 18, 2012
By Luther Turmelle, North Bureau Chief
lturmelle@nhregister.com / Twitter: @lutherturmelle

Connecticut lawmakers have until the end of the current legislative session to fix a problem with the state’s underground fuel tank cleanup program, or risk having federal environmental regulators cease recognizing it as a viable alternative to self-insurance for service station owners. Continue Reading…

ATTORNEY GENERAL EXTENDS NOTICE OF REASONABLE ANTICIPATION OF IMMINENT ABNORMAL DISRUPTION IN MARKET FOR ENERGY RESOURCES

Due to Hurricane Irene’s continuing potential to affect fuel distribution and sale in the State of Connecticut, the Attorney General extends the notice issued on August 26, 2011, pursuant to Conn. Gen. Stat. § 42-234(d), of the reasonable anticipation of an imminent abnormal disruption in the market for energy resources. The end date of the imminent abnormal market disruption is extended to 5:00 pm on September 6, 2011. This end date is subject to further amendment as circumstances dictate. The full text of the amended notice is as follows:

AMENDED NOTICE OF REASONALBE ANTICIPATION OF IMMINENT ABNORMAL DISRUPTION IN MARKET FOR ENERGY RESOURCS

In light of anticipated impacts of Hurricane Irene on the State of Connecticut, the Attorney General hereby gives notice pursuant to Conn. Gen. Stat. § 42-234(d) of the reasonable anticipation of an imminent abnormal disruption in the market for energy resources. For purposes of this notice, the inception date of the imminent abnormal market disruption is August 26, 2011 at 1:00 pm, and the end date is 5:00 pm on September 6, 2011. The end date of the imminent abnormal market disruption is subject to amendment by further notice. As used herein, “energy resources” and “abnormal market disruption” shall be defined as set forth in Conn. Gen. Stat. § 42-234(a)(1) and § 42-234(a)(3), respectively.

See Conn. Gen. Stat. Conn. Gen. Stat. § 42-234.

CFTC Commissioner vowes to guard against excessive specualtion in oil and grain markets!

Key regulator: Speculators swamping oil, grain markets
Kevin G. Hall | McClatchy Newspapers – July 9, 2011
WASHINGTON — In the sharpest criticism yet of excessive speculation in oil markets, the head of a key regulatory agency presented data Thursday showing that almost nine in 10 traders betting that oil prices would rise were financial speculators, not actual end-users of oil.
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Senators Reach Deal to Repeal Ethanol Tax Credit!

WASHINGTON — Senator Dianne Feinstein (D-Calif.) reached an agreement with Senators Amy Klobuchar (D-Minn.) and John Thune (R-S.D.) to repeal the nearly $6-billion-a-year ethanol subsidy and end the tariff on foreign ethanol by the end of July, rather than the end of December. The agreement will reduce the federal deficit by $1.33 billion and invest $668 million in new technologies to reduce U.S. dependence on oil. Continue Reading…

How Goldman Sachs Created the Food Crisis

Don’t blame American appetites, rising oil prices, or genetically modified crops for rising food prices. Wall Street’s at fault for the spiraling cost of food.

BY FREDERICK KAUFMAN | APRIL 27, 2011
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