Buffett’s firm to buy majority of Pilot Flying J truck stops
Warren Buffett's company is acquiring a major stake in Pilot Travel Centers LLC, which operates numerous truck stops in central Indiana.
Fuel
Articles
Harvey could have deep impact on oil supplies, U.S. economy
Massive flooding caused by Tropical Storm Harvey along Texas' refinery-rich coast could have long-standing and far-reaching consequences for the state's oil and gas industry and the larger U.S. economy.
Indiana gasoline tax set to start over holiday weekend
Indiana’s gas tax will increase by 10 cents a gallon under House Enrolled Act 1002, which goes into effect Saturday. The tax will jump from 18 cents to 28 cents a gallon.
45 Indiana taxes, fees increased during legislative session
The increases affect everything from notary services to teacher background checks to fuel prices, such as a 10 cents-per-gallon gasoline tax increase starting July 1.
Cost of cleanup at Noblesville museum site could reach six figures, city says
Indiana environmental officials believe contaminants recently found on the site of the Indiana Transportation Museum are oil-based but don’t think an emergency response is needed.
Local wiener eatery hawking franchises for convenience stores
King David Dogs is pursuing growth through gas stations and travel plazas by franchising kiosk-sized versions of its downtown restaurant, known for its quarter-pound, all-beef hot dogs.
Trump administration approves Keystone XL pipeline
The Trump administration issued a permit Friday to build the Keystone XL pipeline, reversing the Obama administration and clearing the way for the controversial $8 billion project to finally be completed.
U.S. gas prices jump 6 cents over two weeks
The hike mostly results from an agreement Nov. 30 by major oil-producing countries to slash output.
Low fuel prices tank Allison’s hybrid-transmission line
Allison’s hybrid bus transmission sales have tanked, and the company says it’s postponing production of hybrid truck transmissions until market conditions improve.
CountryMark revenue drops 40 percent as oil prices plunge in last two years
After a six-year run-up for the Indianapolis-based oil refiner that saw its revenue nearly double, the company has eliminated about 25 jobs, 2 percent of its workforce, in recent months.
County council to decide fate of EnerDel tax break
Hancock County officials are set to terminate a tax incentive agreement with EnerDel Inc., the once-heralded battery maker with big plans that since has vacated its facility in the county.
EPA’s plan to boost ethanol use in gasoline gets hearing
Ethanol advocates, largely from Midwest farming states, testified that the Environmental Protection Agency's target for biofuels next year again falls short of what Congress had in mind.
Ethanol ‘train wreck’ seen getting worse with record supply
Record stockpiles of ethanol are forcing some biofuels producers into the ranks of energy companies that are slowing operations in the face of $30-per-barrel crude oil.
UPDATE: House panel OKs road bill with tax increase
A measure that would finance improvements to Indiana's transportation infrastructure by raising cigarette and gasoline taxes was approved by a House transportation committee Wednesday.
Sinking gas prices expected to turn up Thanksgiving travel
GasBuddy said the statewide average for regular unleaded gas was $1.80 per gallon Monday morning, the lowest price this year. That’s down 97 cents from last year’s average price.
BP restarts part of key oil refinery after repairs
An analyst said gasoline prices in Indiana and neighboring states served by the refinery could fall 20 cents to 50 cents a gallon over the next two weeks.
Man accused of $90M biodiesel scam pleads guilty
The ringleader of a $90 million biodiesel scam has agreed to plead guilty to 37 felony counts including conspiracy and wire fraud in a deal with federal prosecutors.
Fill ‘er up: Gas under $3 per gallon again
Seasonal swings and other factors will likely send gas back over $3 sooner than drivers would like, but the U.S. is on track for the lowest annual average since 2010—and the 2015 average is expected to be lower even still.
Ballard unveils $32M plan to rent electric-vehicle fleet
Mayor Greg Ballard announced Tuesday morning a plan to replace gas-powered cars in the city’s fleet with 425 all-electric and hybrid vehicles by 2016. Indianapolis is the vendor’s first customer.
Food distributor to open natural-gas fueling station
Indianapolis-based Delco Foods plans to break ground Wednesday on a new compressed natural gas fueling station at 8775 Zionsville Road to serve its own delivery fleet as well as the public.