Fuel

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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Daniels, hopefuls support Indiana corn ethanol

April 3, 2012
Associated Press
The Democrat and Republican running to replace Gov. Mitch Daniels spent most of their Tuesday morning talk with Indiana corn growers and ethanol producers outlining their similarities, starting with the fact that their campaign vehicles run on E85 ethanol blends.
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EPA moves closer to approval of 15-percent ethanol gas

April 2, 2012
Associated Press
The federal government announced Monday it has taken a step toward wide distribution of fuel containing 85 percent gasoline and 15 percent ethanol by allowing manufacturers to register as suppliers.
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Fuel prices wreak havoc on Republic Airways turnaroundRestricted Content

March 10, 2012
Greg Andrews
If the cost of aircraft fuel continues to approach $3.50 a gallon, 2012 fuel costs for the company's Frontier unit fuel will end up $40 million higher than the business plan.
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Ethanol makers shrug off expiration of key tax credit

January 6, 2012
Chris O'Malley
It looks like motorists, not ethanol makers, stand to feel the pain of a federal tax credit that expired at the end of last year.
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City avoids foreign brands in adding to its fleet of hybrid vehiclesRestricted Content

December 17, 2011
 IBJ Staff
The Department of Public Works bought Ford Fusion hybrids after the purchase of Toyota's a few years ago stirred controversy.
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Investors in Midwest Energy Partners await gusherRestricted Content

December 3, 2011
 IBJ Staff
The company raised $4.6 million to drill for oil in southwestern Indiana and southern Illinois.
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Republic Airways shares surge on Frontier sales talk

November 8, 2011
 IBJ Staff and Bloomberg News
Republic Airways Holdings Inc. shares soared more than 61 percent Tuesday after the company said it would likely sell or spin off its Frontier Airlines unit.
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Compressed natural gas for cars shows signs of catching onRestricted Content

October 29, 2011
Chris O'Malley
The alternative fuel may soon generate more cash for local firms because it's much cheaper than gasoline.
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Indiana gives grants to convert fleets to alternative fuelsRestricted Content

September 10, 2011
 IBJ Staff
The Office of Energy Development is dispensing grants of up to $500,000 to help private- and public-sector organizations convert their vehicles.
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Cummins OK with new federal fuel standards for trucks

August 9, 2011
U.S. truck makers are expected to improve tractor-trailer fuel economy by about 20 percent by 2018, saving $50 billion in fuel costs over five years and decreasing carbon-dioxide emissions, President Barack Obama said.
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Republic Airways blames fuel costs for $15M quarterly loss

August 2, 2011
 IBJ Staff
The Indianapolis-based company said it spent nearly $227 million on aircraft fuel in the quarter, compared with $161 million in the same period a year earlier.
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Republic soars as lower fuel costs prompt analyst upgrade

June 28, 2011
J.K. Wall
Shares of Republic Airways enjoyed a 22-percent rocket ride on Monday after a stock analyst gave the beleaguered company an upgrade and the price of jet fuel continued to moderate.
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Prices at gas pump painful for most Americans

May 20, 2011
Associated Press
In a poll about the cost of gasoline, 71 percent said rising prices will cause some hardship for them and their family, including 41 percent who called it a "serious" hardship.
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HICKS: Gas prices explained by simple economicsRestricted Content

May 14, 2011
Mike Hicks
Oil prices are affected by the demand for petroleum products, the available supply of oil, the value of the currency in which it is denominated, and uncertainty about future supply or demand.
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Frontier Airlines cuts second-quarter capacity plans

March 7, 2011
Associated Press
Indianapolis-based Republic Airways Holdings Inc. said Monday that it is reducing growth plans for its Frontier Airlines unit because of uncertainty about future oil prices.
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