
Revolutionizing Energy: A Petroleum-Free Gas Alternative
The article discusses a new gas alternative that aims to replace fossil fuels without using petroleum, promoting sustainable energy solutions and reducing environmental impact.
All articles tagged with #petroleum

The article discusses a new gas alternative that aims to replace fossil fuels without using petroleum, promoting sustainable energy solutions and reducing environmental impact.

The U.S. Treasury has imposed sanctions on 29 vessels and associated companies involved in Iran's shadow fleet, which illegally exports Iranian petroleum, aiming to cut off Iran's revenue used for military and weapons programs, and targeting key figures including Egyptian businessman Hatem Sakr.

Many everyday items, from chocolate and toothpaste to perfume and air fresheners, contain petroleum-derived components. These petrochemicals are used for their versatility, cost-effectiveness, and ability to enhance product performance, making them integral to a wide range of consumer goods.

California's average gas price of $4.797 on Thursday was not the highest in the nation, with Washington taking the top spot at $4.871 per gallon. This is a rare occurrence as California has had the most expensive gas in the country 95% of the time over the past few years. The West Coast tends to have higher gas prices due to taxes, special blend requirements, and limited refinery access. While still expensive, California prices are down considerably from last year's $6.373 per gallon average.

Washington state has the highest gas prices in the United States, with an average cost of $4.912 per gallon for regular gas, according to AAA. The Seattle-Bellevue-Everett area has the highest average cost per gallon at $5.015 for regular gas. However, the current statewide mark is cheaper than a year ago. Mississippi has the cheapest regular gas in the country at $3.010 per gallon. The uncertainty over the direction of the economy and tight inventories of oil and gasoline are preventing much additional downward movement in prices.

Nigeria has commissioned the Dangote Refinery, owned by Africa's richest man, with hopes of transforming the country into a net exporter of petroleum products. The refinery has a capacity of 650,000 barrels per day and plans to export surplus petrol, turning Africa's biggest oil producer into an export hub for petroleum products. However, analysts warn that securing crude supplies could delay achieving full production this year, as Nigeria's oil production has been declining due to oil theft, pipeline vandalism, and underinvestment.