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Latest Gas Rationing Plan in Iran Stories

2009-03-16 14:20:06

The National Iranian Oil Refining and Distribution Co., said Monday the government had ordered the import of gasoline to shore up national reserves. Iranian President Mahmoud Ahmadinejad ordered the country's Oil Ministry to import gasoline for three months, NIORDC Managing Director Noureddin Shahnazizadeh told the Fars News Agency reported Monday. The Iranian Parliament voted down any subsidy for the gasoline, which is also intended for public sale. The Iranian Parliament also voted against...

2008-09-03 09:00:39

Macao's energy imports soar in Q2 MACAO, Sept. 2 (Xinhua) -- Macao imported more energy in the second quarter of this year, according to the figures released by the city's Statistics and Census Service (DSEC) Tuesday. The figures showed that the imports of gasoline amounted to 15.81 million liters and the respective consumption totaled 15.62 million liters, up by 15.9 percent and 4.8 percent, respectively, over the previous quarter. On account of the 10.9 percent increase in the average...

2008-07-01 18:00:25

BOYNTON BEACH, Fla., July 1 /PRNewswire/ -- Consumers and businesses are longing for price stability in gasoline and diesel, commodities that fluctuate on a daily basis due to distant global events and media perceptions. Over the past year gasoline prices have risen almost 39% and diesel almost 64% according to the AAA and with it have gone the budgets of many Americans and the profits of small fleet operators. Gas Bank USA, LLC based in Boynton Beach, FL is launching its new web site...

2008-06-18 15:00:39

By David Friend, THE CANADIAN PRESS TORONTO - In a world where gasoline prices obeyed the economic maxim that falling demand leads to lower prices, Canadians shouldn't have to worry that fuel will soon hit $2.25 a litre. Demand is expected to fall across North America, especially with prices hitting record after record, so it seems perfectly reasonable that prices should go down. Unfortunately, we often forget we're not alone on the planet and that every drop of oil we save by leaving...

2006-01-15 10:29:44

TEHRAN (Reuters) - Major gasoline-importer Iran will try to slash its expensive and environmentally ruinous petrol consumption over the next five years, President Mahmoud Ahmadinejad said on Sunday. He said Iran would massively expand its public transport spending, build Compressed Natural Gas (CNG) filling stations across the country and raise its heavily subsidized 10-cent-a-litre gasoline to market levels in five years. Iran has to import more than half of the 70 million liters...

2005-10-17 15:45:44

By Tom Doggett WASHINGTON (Reuters) - U.S. retail gasoline prices fell again last week, with the cost for regular unleaded gasoline dropping 12.3 cents to $2.73 a gallon, the government's top energy forecasting agency said on Monday. The national pump price has fallen 20 cents in the last two weeks, but is still up 69 cents from a year ago, based on the Energy Information Administration's weekly survey of service stations. The drop in gasoline prices mirrors the decline in crude...

2005-09-03 09:07:54

By Timothy Gardner NEW YORK (Reuters) - Police cars and fire trucks escorted gasoline tankers down a highway on Friday in Marrero, Louisiana, just south of flooded-out New Orleans. Instances of drivers who pump and run -- or fill up and drive away without paying -- an increasing problem all summer, have risen this week, according to the National Association of Convenience Stores. Retailers at service stations across the United States worry about getting burned twice by 3 percent...

2005-09-02 07:37:17

By Tom Doggett WASHINGTON (Reuters) - The U.S. has lost production of about 42 million gallons of gasoline a day, equal to 10 percent of its normal consumption, because Hurricane Katrina shut down oil refineries and forced others to reduce runs, according to government estimates. Nine major oil refineries remained offline in Louisiana and Mississippi and several other facilities had reduced output. That cut about 2 million barrels per day (bpd) of U.S. refining capacity, which...

2005-09-02 07:29:30

By Tom Doggett WASHINGTON (Reuters) - The U.S. has lost production of about 42 million gallons of gasoline a day, equal to 10 percent of its normal consumption, because Hurricane Katrina shut down oil refineries and forced others to reduce runs, according to government estimates. Nine major oil refineries remained offline in Louisiana and Mississippi and several other facilities had reduced output. That cut about 2 million barrels per day (bpd) of U.S. refining capacity, which...


Word of the Day
lambent
  • Licking.
  • Hence Running along or over a surface, as if in the act of licking; flowing over or along; lapping or bathing; softly bright; gleaming.
This word comes the Latin 'lambere,' to lick.
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