Fuel

Indiana gas prices soar to 50 cents above U.S. average

June 5, 2013
Associated Press
The website Gasbuddy.com said Indiana's average price of a gallon of unleaded regular gas was nearly $4.16 Wednesday afternoon, compared with the national average of nearly $3.64 a gallon.
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Group, bill promote natural gas fueling stations

April 9, 2013
Associated Press
Natural gas advocates want to create incentives for building fueling stations across the state in hopes that more people will operate vehicles using alternative fuels.
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Calumet goes back to market with public offering

March 26, 2013
 IBJ Staff, Associated Press
The Indianapolis-based petroleum refiner plans to use proceeds from the 5.3 million unit stock offering for working capital, acquisitions and possibly the redemption or repurchase of debt.
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Allison adds hybrid systems for broader array of trucks and busesRestricted Content

March 9, 2013
Production of propulsion system for medium- and heavy-duty vehicles will begin later this year.
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CountryMark paying $18 million for pollution controls

March 1, 2013
Associated Press
Government officials alleged Indianapolis-based CountryMark violated the law when the oil refiner expanded operations without obtaining proper permits and installing necessary pollution controls.
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BioTown still dependent on grid eight years later

February 3, 2013
Associated Press
Eight years after being nicknamed Biotown USA, the town of Reynolds is as dependent on the energy grid as it ever was, and is likely to become more so.
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IPL to install charging stations for Indianapolis fleet

January 28, 2013
Kathleen McLaughlin
Indianapolis Power & Light Co. will install 26 vehicle-charging stations at three city locations to assist with Mayor Greg Ballard's goal of converting the city fleet to gas alternatives by 2025.
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Kenley pitching license plate tax to fund highway projectsRestricted Content

December 15, 2012
J.K. Wall
A license plate tax of $20 to $50 per car will be one of a raft of proposals considered by the Legislature next year as a way to fix a hole in funding for road maintenance, and to keep expanding Indiana’s system of highways.
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Midwest Energy oil firm drilling for $15MRestricted Content

December 8, 2012
Chris O'Malley
An Indianapolis investment advisory oil firm has been looking for blowouts in its own back yard. Midwest Energy Partners is preparing for its seventh—and largest—round of funding to pay for oil drilling in southwestern Indiana and southeastern Illinois.
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New section of Interstate 69 getting positive reviews

December 4, 2012
Associated Press
Users of the new 67-mile stretch of Interstate 69 that opened two weeks ago in southern Indiana say it is already saving them time and money.
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Monarch turns to natural gas to run trucking fleet

December 4, 2012
J.K. Wall
In a sign of the rising popularity of natural gas engines, the Indianapolis-based distributor of alcoholic beverages will make 85 of its 105 trucks run on natural gas by 2015.
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Railcar shipments making a comeback in IndianaRestricted Content

December 1, 2012
Scott Olson
High diesel prices are turning companies to trains.
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CountryMark buying oil, natural gas operations for $125 million

November 9, 2012
Scott Olson
Indianapolis-based CountryMark Cooperative Holding Corp. said Friday morning that it has agreed to pay $125 million to purchase a portion of the oil and natural gas operations of Continental Resources Inc. in Oklahoma City.
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Indiana's oldest ethanol plant shuts down, idling 40

November 6, 2012
Associated Press
High corn prices, large ethanol inventories, lower gas prices and lower fuel demand were factors cited for the shutdown.
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Indiana ethanol plant resumes operations

September 19, 2012
Bloomberg News
Valero Energy Corp., the third-largest U.S. ethanol producer, has restarted distilleries in Nebraska and Indiana, as profit margins for the fuel improved.
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Rising gas prices put a crimp in Americans' spending

September 16, 2012
Associated Press
The Federal Reserve this week took steps to boost economic growth. But those stimulus measures are also pushing oil prices up. If gas prices follow, consumers will have less money to spend elsewhere.
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BP says dozens of local stations sold tainted gasoline

August 30, 2012
 IBJ Staff and Associated Press
BP says the size of its gasoline recall is now more than twice as large than previously reported, with 4.7 million gallons distributed over the past week to about 200 gas stations as far as southwestern Ohio and southern Indiana.
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Refinery problems, spill drive up Great Lakes gas

August 3, 2012
Associated Press
Several Great Lakes states have seen prices surge about 40 cents per gallon in the last week. That follows a pipeline rupture and shutdown in Wisconsin and equipment problems at refineries in Indiana and Illinois.
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IU researchers question economics of diesel hybridsRestricted Content

July 21, 2012
Fuel savings and environmental benefits might not be worth the higher cost of such vehicles.
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Drought deals blow to ethanol industryRestricted Content

July 7, 2012
Chris O'Malley
Indiana’s 13 plants distilling the automotive fuel ethanol could soon be sputtering as drought dries up the supply and boosts the price of corn, their main ingredient.
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Citizens Energy looking to fuel big rigs

June 7, 2012
Chris O'Malley
Local utility trust Citizens Energy Group plans to sell liquefied natural gas for use in cross-country semi trucks as a lower-cost alternative to diesel fuel.
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Mo-ped sales on the rise amid high gas prices

June 6, 2012
Associated Press
Mo-ped sales at Indianapolis-based Midwest Scooters have doubled within the past six months, said Steve Schafer, the store's general manager.
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Central Indiana biodiesel producer files for bankruptcy

April 11, 2012
Scott Olson
E-biofuels LLC in Middletown has fallen into liquidation, listing debts of $17.3 million. The closing of the plant leaves four remaining facilities in the state capable of producing biodiesel fuel.
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Rising gas prices prompt creation of ninth area vanpool routeRestricted Content

April 7, 2012
Central Indiana Commuter Services started offering service this month between Franklin and the Defense Finance & Accounting Services facility in Indianapolis.
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High gas prices leading to lower demand for ethanol

April 6, 2012
Bloomberg News
Waning demand for gasoline is putting the United States on course to miss a target for ethanol use for the first time, signaling no let-up in the slide in prices.
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