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Financials and Investment News in United States

API Weekly Gasoline Update
9/8/2005 - The average U.S. retail price for regular-grade gasoline on Monday, September 5, reached a record high of $3.069 per gallon, over $3 for the first time. This was up 45.9 cents from last week’s retail ...
API Addresses Congress on Impact of Katrina
9/7/2005 - In the aftermath of Hurricane Katrina, American Petroleum Institute President Red Cavaney today urged Congress to facilitate bringing American consumers greater energy reliability by encouraging furth...
API Statement, Hurricane Katrina
8/29/2005 - The American Petroleum Institute issued the following statement concerning the impact of Hurricane Katrina on petroleum industry operations: “To ensure safety, the industry has moved employees from so...
Petroleum Facts At A Glance, August 2005
8/17/2005 - U.S. petroleum imports (crude & products) in July were 13,364,000 barrels per day (b/d); imports in the same month last year were 13,570,000 (b/d). (API). Total imports in July as a percentage of tota...
Update To Congress On Fuel Prices From API
7/28/2005 - Dear Member of Congress:
We are entering the final weeks of the summer driving season, and I thought an update on fuel prices and the status of our industry’s infrastructure in the storm-hit Gulf...
FYI On Gasoline
6/28/2005 - Higher crude prices reflected at the pump
The cost of gasoline is closely linked to the price refiners pay for crude oil because it is the principal cost component of a gallon of gasoline,...
ExxonMobil Announces Sale of Sinopec Shares
3/1/2005 - Exxon Mobil Corporation today announced that it has completed the sale of its 3.7 percent stake in China Petroleum and Chemical Corporation ("Sinopec"). The selling process commenced after close o...

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