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GASOLINE

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Fuel terminals across the state, including those in Sauk Centre, Alexandria, Wrenshall, and Roseville are reporting shortages or outages of products, and drivers have experienced long wait times due
Leaving aside the still-high price of diesel, a backlog in new trucks and a difficulty in finding younger drivers could mean an already-stressed industry will remain that way for months, and
The report comes as the Biden administration prepares in the coming months to unveil new safety-related rules to curb methane emissions from pipeline systems that transport gas from production to
The president will also call on states to temporarily suspend state fuel taxes, which are often higher than federal rates, and he will challenge major oil companies to bring back idled refining
Particularly galling to the White House is the jump in industry stock buybacks, returning to investors profits that the administration wants invested in more refining capacity to bring gasoline
The average price of gas in Minnesota and nationwide hit record highs last week, including at $4.98 per gallon nationwide on Monday, according to AAA. The national average rose to $5 a gallon last

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States including Florida, Georgia and Maryland have enacted state gas tax holidays, and while Minnesota has not yet taken action to reduce prices, some leaders and candidates have floated similar
The EPA is likely to raise ethanol blending mandates for 2021 above a figure it proposed in December to align with actual U.S. consumption levels.
Some 39 million people will travel 50 miles or more by car during the Memorial Day Weekend, up 8.3% from a year-ago and close to pre-pandemic volumes.

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