India has announced that fuel prices are going to be raised by 10 percent. The state-owned oil companies had no other option but adapt pump prices in response to the increase of crude oil prices in international markets. According to an article in Autoplus, gas stations in New Dehli were selling gasoline at 45.52 rupee and diesel at 31.76 per liter. That's about $1 and $0.75 (U.S.) per liter, respectively. Unlike Europe and the U. S., the price of fuel in India is regulated by the government, al
Photo by Jurek D. Licensed under Creative Commons license 2.0.
LC Biofuels is trying to explain why its biodiesel is not getting any cheaper. According to the Biodiesel Blog, the company has sent out a letter that describes how the ever-increasing price of raw materials and diesel fuel seriously impact its biodiesel prices. The weak dollar - which makes it more lucrative for soybean producers to sell their product to China - also plays a role.
How are gas prices affecting you personally? If you drive an SUV every day, your fuel bill is surely putting a crimp in your pocketbook. Even if you drive a vehicle which gets high fuel mileage, we imagine that you're still quite cognizant of your driving habits. Do you carpool to work or when dropping your kids off at school? Do you walk or ride your bike to places that you used to drive to? These questions are important, both to your fellow readers and to car manufacturers. To prove that point