Diesel fell 4.9 cents to $4.086 and gasoline also fell, marking the first downturns for both fuels in 12 weeks, the Department of Energy reported.
September 25, 2012BusinessFuel
Gasoline Dips to $3.83, Lundberg Reports
Gasoline declined almost half a cent in the past two weeks to $3.83 a gallon, the first downturn since July, according to the latest Lundberg Survey of filling stations released Sunday.
September 24, 2012BusinessFuel
Oil Falls to Six-Week Low $92 a Barrel
Oil fell to a six-week low just under $92 a barrel Wednesday following a Department of Energy report that showed supplies spiked last week, Bloomberg reported.
September 19, 2012BusinessFuel
Diesel Rises 0.3¢ to $4.135 a Gallon
Diesel rose 0.3 cent to $4.135 a gallon and gasoline gained 3.1 cents to $3.878 — the 11th straight increases for both fuels, the Department of Energy reported Monday.
September 18, 2012BusinessFuel
Biodiesel Requirement Boosted for 2013, EPA Says
The amount of biodiesel products required to be included in diesel fuel markets was increased to 1.28 billion gallons in 2013 from the current 1 billion gallons, the Environmental Protection Agency said.
September 17, 2012BusinessFuel
Eaton Supports Calif. Hybrid Vehicle Voucher Program
Eaton Corp. said Monday it has aligned with the California Hybrid Truck and Bus Voucher Incentive Project to help California-based fleets purchase medium and heavy-duty hybrid trucks.
September 17, 2012BusinessFuel
Werner Enterprises Tests Natural Gas Engines; Paper Transport Reports Favorable Results
COLUMBUS, Ind. — Trucking’s experiment with natural gas engines continues to expand, as another major truckload fleet said it was testing the fuel, and a medium-size fleet already reported significantly favorable results in regional and local shipping.
September 17, 2012BusinessFuel
Diesel Rises 0.5¢ to $4.132; Gasoline Inches Up 0.4¢
Retail diesel prices in the United States rose 0.5 cent to $4.132 a gallon last week, the Department of Energy reported, for its 10th straight gain.
September 17, 2012BusinessFuel
Oil Closes Week at Four-Month High $99 a Barrel
Oil rose to a four-month high Friday, closing the trading week at $99 a barrel following the Federal Reserve’s announcement that it will take additional steps to boost the U.S. economy, Bloomberg reported.
September 14, 2012BusinessFuel
DOE Boosts 2012 Diesel Forecast by 12¢, to $3.96 a Gallon
Diesel will average $3.96 this year, the Department of Energy said, boosting its most recent forecast by 12 cents on projected higher crude oil prices.
September 13, 2012