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Tosco (from "The Oil Shale Corporation") was an independent US based petroleum refining and marketing corporation based in Stamford, Connecticut.It was founded in 1955 in Santa Monica, California by A&P heir Huntington Hartford, and originally focused on extracting oil from oil shale and developing alternative energy sources.
This is a list of notable automotive fuel retailers ("petrol" or "gasoline", "diesel", etc.) and their controlling oil companies. The format of this page is based on current ownership and where they largely operate: Parent company Children (acquired companies and notable brands)
At a time of skyrocketing fuel prices, Connecticut’s tax on diesel fuel will soon increase by 9 cents per gallon, representing a 23% hike that officials say will have a ripple effect on the economy.
Gasoline prices in Connecticut continue to skyrocket, with the average cost in the state surging to $4.89 per gallon, up from $4.65 a week ago and $4.20 a month ago, according to AAA. The ...
The new company was named Castleton Commodities International, LLC where Glenn Dubin as of 2012 is the lead shareholder. [6] In 2015, Castleton Commodities International acquired Morgan Stanley’s Global Oil Merchanting Business for an undisclosed sum. [7]
The companies enter into hedging contracts to mitigate their exposure to future fuel prices that may be higher than current prices and/or to establish a known fuel cost for budgeting purposes. If such a company buys a fuel swap and the price of fuel declines, the company will effectively be forced to pay an above-market rate for fuel.