diesel News Updates

Business, Fuel

Diesel Rises Again, Gaining 1.7¢ to Two-Year High $3.248 a Gallon

Diesel rose 1.7 cents to a national average of $3.248 a gallon at the pump — the fourth time it has hit a two-year high in the past six weeks, the Department of Energy said.

December 21, 2010
Business, Fuel

Obama Signs Biodiesel Tax Credit Measure Into Law

President Obama has signed into law a measure that reinstates a biodiesel tax credit of $1 per gallon.

December 20, 2010
Business, Fuel

Rising Crude Price Pushes Diesel, Gas to Highest Levels in 2 Years

U.S. retail motor fuel prices continued to climb last week as both diesel and gasoline reached two-year highs, the Department of Energy said.

December 20, 2010
Business, Fuel

Diesel Rises 3.4¢ to $3.231 in Latest Two-Year High

Diesel rose to its latest two-year high — the third time it has done so in the past month — rising 3.4 cents to $3.231 a gallon, the Department of Energy said.

December 14, 2010
Business, Fuel

Diesel Premium to Remain in 2011, Analysts Predict

U.S. retail diesel has sold at a premium over gasoline throughout 2010, and petroleum market watchers said global competition for the trucking industry’s main fuel likely means that will not change any time soon.

December 13, 2010
Business, Fuel

Diesel Rises 3.5¢ to $3.197

U.S. retail fuel prices jumped last week, reversing declines over the past two weeks, as the average cost of a gallon of diesel rose 3.5 cents to reach $3.197, the U.S. Department of Energy reported.

December 13, 2010
Business, Fuel

Diesel to Average $3.23 Next Year, DOE Says

Diesel will continue to rise into next year, averaging $3.23 at the pump in 2011, the Department of Energy said in its monthly report.

December 7, 2010
Business, Fuel

Diesel Rises 3.5¢ to Two-Year High of $3.197 a Gallon

Diesel increased 3.5 cents to $3.197 a gallon, reaching its highest pump average in more than two years, the Department of Energy said Monday.

December 6, 2010
Business, Fuel

Fuel Price Averages Decline

In a slow retreat from the two-year high it reached in November, the U.S. retail diesel price average slipped again last week, falling 0.9 cent to $3.162 a gallon, the U.S. Department of Energy reported after its weekly survey of filling stations.

December 6, 2010
Business, Fuel, Government

Diesel Declines 0.9¢ to $3.162 a Gallon

Diesel fell for the second consecutive week, dipping 0.9 cents to $3.162 a gallon as oil prices rose, the Department of Energy reported.

November 30, 2010