Congressional Hearing Raises Questions About Gasoline Overcharges During Hot Weather
WASHINGTON, D.C. --- During a Congressional hearing last week, oil executives denied that drivers overpay for gasoline during hot weather when fuel expands, Time magazine reported.
WASHINGTON, D.C. --- During a Congressional hearing last week, oil executives denied that drivers overpay for gasoline during hot weather when fuel expands, Time magazine reported. "The idea that temperature adjustments will somehow give people more for their money simply does not take into account the realities of the gasoline market," Hugh Cooley, a vice president for Shell Oil Co., told a House hearing July 25. Ben Soraci, retail sales director for Exxon Mobil Corp., argued that if gas station operators had to assume the cost of new measuring devices that took the temperature changes into account, those operators would probably pass along the cost to customers anyway. Further, he added, factoring in temperature in pricing "would violate current laws and regulations" that define a gallon of gasoline as 231 cubic inches. However, critics of the oil industry have argued that during hot weather, consumers pay as much as $1.5 billion a year in overcharges. This issue has led to more than two dozen consumer-based suits in several states.
More Fuel

June Fuel Update: Prices Continue to Fall
While prices have continued to decline for four straight weeks, the next weeks don't look as promising.
Read More →
Study: How 2026's Gas Price Hikes Affect Different Vehicle Types
New data from iSeeCars reveals how rising fuel costs have affected different vehicle segments as gasoline prices climbed nearly 46% over the past four months.
Read More →Are You Tracking Your Fleet's True Total Cost of Ownership?
Bobit Business Media surveyed 190 fleet professionals and found that while most fleets are tracking costs, fragmented systems and data gaps are keeping true TCO visibility out of reach. With rising pressure to control spend in an increasingly volatile environment, the gap between what fleets think they know and what the data actually shows is wider than you might expect. See how your peers are managing costs today and where the industry still has room to improve.
Read More →
May Fuel Update: All Regions Experience Declines
Gas prices are finally easing in much of the country, but experts warn global tensions could quickly reverse the trend as the national average remains well above last month’s levels.
Read More →
April Fuel Update: Prices Climb Above $4 as Spring Surge Accelerates
National average jumps to $4.04 per gallon, up sharply from last year, with West Coast prices topping $5 and further increases expected amid rising oil tensions.
Read More →
Tips from Fleet Managers on Saving Fuel Costs
Fleet leaders share practical strategies to reduce fuel spend through smarter policy, routing, and driver guidance.
Read More →
March Fuel Update: Prices Settle With a $4 Average
Fuel prices significantly slowed this week, but a $4 national average is still expected.
Read More →Bob Adamsky on Fuel Volatility: “Don’t Panic — Have a Plan”
With oil prices rising again, AWP Safety’s fleet manager shares how to respond to rising fuel costs and how the right strategy can turn fuel spikes into cost-saving opportunities.
Read More →
Oil Market Turbulence Is Complicating Fleet Cost Planning
Rapid swings in crude oil prices driven by the conflict in the Middle East could create longer-term cost pressures for fleets, affecting fuel prices, supply chains, and vehicle strategy, says NTEA’s Andrew Wrobel.
Read More →
February Fuel Update: Prices Inch Higher for Third Week in a Row
The final February fuel update reveals prices continuing to inch higher for the third week in a row.
Read More →