The OilSpot News from DTN Energy
Monday, April 7, 2003 VOLUME 1 ISSUE 38  



AAA Texas: Gasoline Prices Continue Moving Lower
Marathon Ashland Offers Ethanol-Based Gas in Minnesota


Gasoline Prices Slide 4.1 Cents during Last Week in March
Propane Supplies Report Weekly Build of 600,000 Barrels


U.S. House Energy Committee OKs Broad Based Energy Bill


Economic Indicators


Weekly Rack Averages

Governor Keeps Watchful Eye on Prices at the Pump
California Agencies Scrutinize Gasoline, Diesel Prices

After returning a clean bill of health for retail gasoline and diesel fuel outlets in California, state agencies were instructed by Governor Gray Davis to continue to watch over gasoline and diesel fuel prices for evidence of price manipulation. The California Energy Commission and the Public Utilities Commission are both directed to investigate the price of retail gasoline, diesel fuel and natural gas for potential market manipulation, and to report to Davis monthly through the rest of the year.

"When Californians fill up at the pump, they shouldn't be the victims of highway robbery. Energy price spikes hurt every Californian...We'll continue to monitor the gasoline, natural gas, and diesel fuel markets to ensure no illegal activity occurs," said Davis.
[FULL STORY]
 

ExxonMobil Launches Plant Efficiency Program
ILS Offers Lubrication Maintenance Services

Last week ExxonMobil announced its launch of Integrated Lubrication Services, which the company touts as being a new and innovative program designed to help plant managers and engineers increase the operational efficiency of their facilities.

“We have listened carefully to our industrial customers and developed a holistic program that combines our performance products with valuable service offerings,” said Elizabeth Bennett, industrial marketing manager-Americas, ExxonMobil Lubricants & Specialties. “Our Integrated Lubrication Services program delivers turnkey solutions that improve oil cleanliness, lengthen oil drain intervals, cut unscheduled downtime and reduce maintenance costs. In short, ILS helps our industrial customers optimize their operations.”
[FULL STORY]
 



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