Diesel fell for the second time in three weeks but just the third since early January dropping 2.1 cents to $4.127 a gallon, the Department of Energy said Monday.
April 16, 2012Business, Fuel
More Companies Reach Hot Fuel Settlements
Three more companies have agreed to settle lawsuits related to hot fuel gasoline and diesel that is not adjusted by volume to account for temperature the Kansas City Star reported.
April 20, 2012Business, Fuel
Obama Calls on Congress for More Regulation of Oil Markets
President Obama urged Congress to bolster federal supervision of oil markets, including bigger penalties for market manipulation and more power for regulators, Bloomberg reported.
April 18, 2012Business, Fuel
Frito-Lay Adding Natural Gas Trucks to Fleet
Frito-Lay on Tuesday said it is adding 67 compressed natural gas trucks to its private fleet, the New York Times reported.
April 17, 2012Business, Fuel
Diesel Drops 2.1瞽 to $4.127; Gasoline Declines Again
Business, Fuel
Diesel Inches Higher to $4.148, After 12th Increase in 14 Weeks
U.S. retail diesel prices rose 0.6 cent a gallon to $4.148 last week, the Department of Energy reported. Although the increase was small, it still caused fleet managers to express great concern as the national average hit the highest level since Aug. 18, 2008.
April 16, 2012Business, Fuel, Government
Trade Deficit Narrows as Imports Drop
The U.S. trade deficit narrowed by 12% in February on lower imports, including a big drop in crude oil imports, the Commerce Department reported Thursday.
April 12, 2012Business, Fuel
Diesel to Hold Over $4 Into Next Year, DOE Energy Outlook Says
Diesel will average $4.21 a gallon this summer and $3.94 a gallon this year, while holding over $4 into 2013, the Department of Energy said Tuesday.
April 10, 2012Business, Fuel
Diesel Resumes Rise, Up 0.6瞽 to $4.148; Gasoline Dips 0.2瞽 to $3.939
Diesel resumed its upward trend following a one-week respite, gaining 0.6-cent to $4.148 a gallon, the highest price since the record-setting summer of 2008, the Department of Energy said.
April 10, 2012Fuel
Three Oil Companies Settle in Hot Fuel Suit
Three oil companies have agreed to settle lawsuits related to hot fuel gasoline and diesel that is not adjusted by volume to account for temperature the Kansas City Star reported.
April 9, 2012Business, Fuel
Gasoline Rises 4瞽 to $3.97 a Gallon, Lundberg Says
Gasoline rose 4 cents in the past two weeks to $3.97 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.
April 9, 2012