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Updated: 1 year 25 weeks ago

Low Gas Prices Are Putting Billions in Consumers’ Pockets

Tue, 06/28/2016 - 10:09

In addition to celebrating American independence this holiday weekend, consumers can also cheer gas prices, which will be at their lowest levels on July Fourth since 2005. At a national average of just $2.31 per gallon, gas prices this week are 47 cents less than last year, according to a new report by AAA, even after recent seasonal increases. AAA projects that nearly 43 million Americans will travel for the holiday weekend this year.

Tesoro Corp. buys struggling oil refinery in North Dakota

Tue, 06/28/2016 - 09:51
Texas-based Tesoro Corp. has bought an oil refinery in southwestern North Dakota that has struggled to turn a profit due to a dramatic fall in demand and low diesel prices. North Dakota-based MDU Resources ...