A growing U.S. economy sparked a jump in fuel demand from companies and travelers in June, which may help to ease a persistent supply glut.
July 31, 2017diesel News Updates
Growing Economy Boosts Fuel Demand to Decade High
‘Architect’ of Pilot Flying J Fuel Rebate Scam Strikes Deal to Plead, Cooperate
The man dubbed by the FBI as the architect of the diesel fuel rebate scam by executives of the nation’s largest truck stop chain has struck a deal to confess, court records show.
July 25, 2017South Carolina Begins Six-Stage Phase-In of 12-Cent Fuel Tax Increase
South Carolina on July 1 began a six-year trek that will raise taxes on gasoline and diesel fuel by 2 cents a gallon each July into 2022.
July 13, 2017Diesel Rises 0.9¢ for Second Consecutive Gain
The U.S. average retail price of diesel rose 0.9 cent to $2.481, while oil prices failed to reclaim ground after a sharp drop a week earlier.
July 10, 2017Diesel Rises 0.7¢ to $2.472; Crude Prices Settle at About $45
The U.S. average retail price of diesel rose 0.7 cent to $2.472 as U.S. oil drilling declined and crude prices rebounded to clear $47 a barrel before retreating to about $45, experts said.
July 6, 2017Diesel Falls to New Yearly Low of $2.465 a Gallon
The U.S. average retail price of diesel set a new low for the year, falling 2.4 cents to $2.465 a gallon, the Department of Energy reported.
June 26, 2017Diesel Drops 3.5¢ to $2.489 for Year’s Low
The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.
June 23, 2017Diesel Drops 3.5¢ to $2.489; Oil Tumbles to $43 a Barrel
The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.
June 21, 2017Oil Prices Slide, Diesel Falls 3.5¢ to $2.489 a Gallon
The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.
June 19, 2017Diesel Falls 4¢ to $2.524 a Gallon; Oil Still Below $47 a Barrel
The U.S. average retail price of diesel dropped 4 cents to $2.524 a gallon, while crude oil prices remained below $47 a barrel.
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