diesel News Updates

Business, Fuel

Diesel Rises for Third Week, Gaining 8.2瞽 to $2.879

Diesel and gasoline both rose for a third straight week, with diesel up 8.2 cents to $2.879 a gallon, the Department of Energy said Monday.

January 11, 2010
Business, Government, Safety, Fuel

Biodiesel Board Says Production Is Halted as Industry Waits for Restoration of Tax Credit

The biodiesel industry was at a virtual standstill last week, despite an assurance by two Senate leaders they will introduce legislation as soon as possible to reinstate the tax credit that expired on Dec. 31.

January 11, 2010
Business, Fuel, Government

Diesel Jumps 6.5瞽 to $2.797

The average price of U.S. retail diesel rose 6.5 cents a gallon last week to $2.797, the Department of Energy reported, and additional increases may be on the way as crude oil remained above $80 a barrel.

January 11, 2010
Fuel, Business

Diesel Jumps 6.5瞽 to $2.797

Diesel fuel rose by the most in more than two months, jumping 6.5 cents to $2.797 a gallon, the Department of Energy said.

January 5, 2010
Business, Fuel

Federal Biodiesel Tax Credit Ends

A federal tax credit that provided makers of biodiesel $1 for every gallon expired Friday, and as a result some U.S. producers say they will shut down without the government subsidy, the Associated Press reported.

January 4, 2010
Business, Government, Fuel

Diesel Rises 0.6瞽 to $2.732

The average cost of a gallon of diesel in the United States rose for the first time in eight weeks, inching up 0.6 cent to $2.732 a gallon, the Department of Energy reported.

January 4, 2010
Business, Fuel

Diesel Gains 0.6瞽 to $2.732 for First Increase in Eight Weeks

Diesel rose for the first time in eight weeks, gaining 0.6 cent to $2.732 a gallon, the Department of Energy reported.

December 29, 2009
Fuel, Business

Diesel Falls 2.2瞽 to $2.726

Diesel fuel fell 2.2 cents to $2.726 a gallon, the Department of Energy said Tuesday.

December 22, 2009
Business, Government, Fuel

Biodiesel Producers Could Halt Operations if $1 a Gallon Tax Credit Is Not Extended

Biodiesel producers are threatening to shut down their operations if the Senate does not approve a bill that would extend the $1 per gallon biodiesel tax credit due to expire on Dec. 31.

December 21, 2009
Business, Logistics, Fuel, Government

Diesel Declines 2.4瞽 to $2.748, But Is 32.6瞽 Above Year Ago

U.S. retail diesel prices dipped for the sixth straight week as the national average declined 2.4 cents to $2.748 a gallon, the Department of Energy reported.

December 21, 2009