Diesel and gasoline each declined for the first time in three weeks, with diesel slipping 0.6 cent to $3.862 a gallon, the Department of Energy said.
September 13, 2011Business, Fuel
Diesel Dips 0.6¢ to $3.862 for First Drop in Three Weeks
Business, Fuel
Shippers Cite Steady Demand, Are Optimistic on Rest of 2011
NEW YORK — Shippers from the retail, building products and chemical industries said that demand has remained steady in recent weeks, a sign the second half of 2011 will not be as weak as some economists have suspected.
September 12, 2011Business, Fuel
Diesel Rises 4.8¢ to $3.868 a Gallon; Gasoline Also Climbs for a Second Week
The average price paid for a gallon of U.S. retail diesel rose 4.8 cents a gallon to $3.868 last week, the second straight increase, the Department of Energy reported.
September 12, 2011Business, Fuel
DOE Boosts Diesel Price Forecast 2¢ to $3.85
The Department of Energy boosted its 2011 diesel price forecast by 2 cents, to $3.85 a gallon, and raised its gasoline price projection 3 cents, to $3.56, but lowered its projections for 2012.
September 8, 2011Business, Fuel, Government
U.S. Trade Deficit Narrows 13.1%
The U.S. trade deficit narrowed 13.1% in July to $44.8 billion, a three-month low, as exports rose and oil imports declined, the Commerce Department said Thursday.
September 8, 2011Business, Fuel
Oil Holds Over $89 a Barrel
Oil held just over $89 a barrel Thursday in advance of the Department of Energy’s weekly report on crude, diesel and gasoline inventories, Bloomberg reported.
September 8, 2011Fuel
EMA and TMA Announce New Name
The Engine Manufacturers Association, which includes the Truck Manufacturers Association, announced that it will now use the name Truck and Engine Manufacturers Association for the trade group.
September 7, 2011Business, Fuel
Diesel Rises 4.8¢ to $3.868; Gasoline Gains 4.7¢ in Second Straight Increase
Diesel’s national average price rose for a second week, up 4.8 cents to $3.868 a gallon, while gasoline gained 4.7 cents to $3.674, the Department of Energy said.
September 7, 2011Business, Fuel
Oil Falls Below $84 a Barrel
Oil fell to a two-week low near $83 a barrel in early trading Tuesday as investors speculated that signs of a weakening U.S. economy and higher crude stockpiles showed fuel demand will slip, Bloomberg reported.
September 6, 2011Business, Fuel
Diesel Gains 1¢ to $3.82; First Increase in Five Weeks
U.S retail diesel prices rose last week for the first time in five weeks, as the Department of Energy reported that the national average cost rose 1 cent to $3.82 a gallon.
September 5, 2011