diesel News Updates

GovernmentBusinessTCA

‘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, 2017
GovernmentFuel

South 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, 2017
Fuel

Diesel 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, 2017
BusinessFuel

Diesel 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, 2017
Fuel

Diesel 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, 2017
BusinessFuel

Diesel 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, 2017
Fuel

Diesel 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, 2017
BusinessFuel

Oil 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, 2017

Diesel 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.

June 12, 2017
Fuel

Diesel Slips 0.7¢ to $2.564, Gas Rises to $2.414

U.S. diesel and gasoline prices each made modest moves during the week ended June 5 but in different directions. Diesel slipped 0.7 cent a gallon and gas rose 0.8 cent, while crude oil dropped toward this year’s low point below $46 a barrel.

June 12, 2017