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  2. Gasoline and diesel usage and pricing - Wikipedia

    en.wikipedia.org/wiki/Gasoline_and_diesel_usage...

    The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.

  3. Airlines are passing on fuel price hikes to travelers as ...

    www.aol.com/finance/airlines-passing-fuel-price...

    "With Delta achieving an all-time record in single-day cash sales last week, management is increasingly confident in its ability to pass 100% of higher fuel costs to fare prices in 2Q22," the ...

  4. Redistribution of Red Hill fuel sparks controversy in Philippines

    www.aol.com/redistribution-red-hill-fuel-sparks...

    Feb. 3—The U.S. military's continuing efforts to defuel and ultimately close the underground Red Hill fuel storage facility have sparked an unexpected controversy all the way in the Philippines ...

  5. Energy in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Energy_in_the_Philippines

    The Philippines also generates a significant amount of electrical energy from oil, albeit to a lesser degree than compared to coal and natural gas. In 2013, the Philippines sourced 5.97% of its energy from oil-based sources. [7] As of March 2016, there were a total of 212 gas and diesel-powered facilities in the Philippines.

  6. Philippine National Oil Company - Wikipedia

    en.wikipedia.org/wiki/Philippine_National_Oil...

    PNOC Exploration Corporation is the upstream oil, gas and coal subsidiary of the state-owned Philippine National Oil Company. A government owned and controlled corporation, the Company was incorporated on April 20, 1976, and is mandated by the government through the Department of Energy (DOE) to take the lead in exploration, development and production of the country’s oil, gas and coal ...

  7. The Philippines goes all in for natural gas, a climate pollutant

    www.aol.com/news/philippines-goes-natural-gas...

    The Philippines may have made its decision to invest heavily in natural gas in part on the advice of the U.S. Agency for International Development, which encouraged the expansion, arguing in a ...

  8. Seaoil - Wikipedia

    en.wikipedia.org/wiki/Seaoil

    Seaoil Philippines, Inc. is a fuel company founded in 1978. The Filipino-owned company offers fuel products ranging from automobile gasoline to industry-specific ...

  9. Fuel price risk management - Wikipedia

    en.wikipedia.org/wiki/Fuel_price_risk_management

    As less fuel is consumed, a smaller cost component is susceptible to fluctuations in fuel prices. The value of this risk reduction can be calculated using the Tuominen-Seppänen method [ 3 ] and its value has been shown to be approximately 10 % compared to direct cost savings for a typical energy efficient building.