Diesel fell for the ninth straight week, falling 6.5 cents to $3.781 a gallon, while gasoline also continued its slide, the Department of Energy said.
June 11, 2012BusinessFuel
Oil Rises Above $85 a Barrel
Oil rose in early trading Monday, topping $85 a barrel following Spain’s request for a bailout to support its banks, Bloomberg reported.
June 11, 2012BusinessFuel
Caterpillar, Westport Innovations Team Up to Develop Natural Gas Truck Technology
Westport Innovations Inc. and Caterpillar Inc. last week announced plans to collaborate on the development of natural gas technology for mining and off-road trucks as well as for freight locomotives, marking the latest trend in the spread of natural gas as an alternative fuel source.
June 11, 2012BusinessFuel
Diesel Dips 5.1¢ to $3.846, After Eighth Straight Decline
U.S. retail diesel prices declined for the eighth straight week as trucking’s main fuel fell 5.1 cents more to a national average of $3.846 a gallon, according to the Department of Energy.
June 11, 2012BusinessFuelGovernment
U.S. Trade Deficit Narrows in April
The U.S. trade deficit shrank by 4.9% in April as a drop in imports more than offset the first exports decline in five months, the Commerce Department said Friday.
June 8, 2012BusinessFuel
Shell Sets Plan for LNG Fueling at TA Truck Stops
Shell Oil Co. said Thursday it has signed a memorandum of understanding with TravelCenters of America LLC to provide liquefied natural gas for heavy-duty trucks at TA travel plazas.
June 7, 2012BusinessFuel
Oil Rises for Third Day, Topping $85 a Barrel
Oil rose for a third day, topping $85 a barrel as supplies slipped and economic reports that signaled higher demand, Bloomberg reported.
June 6, 2012BusinessFuel
Diesel Drops 5.1¢ to $3.846 in Eighth Decline
Diesel fell for the eighth straight week, dropping 5.1 cents to $3.846 a gallon, while gasoline took its biggest decline this year, the Department of Energy reported.
June 5, 2012BusinessFuel
Kentucky Gas Tax Increasing 2.4 Cents to 32.3 Cents a Gallon
Kentucky’s gas tax is increasing next month by 2.4 cent to 32.3 cents a gallon due to an automatic tax increase, the Associated Press reported.
June 5, 2012BusinessFuel
Diesel Retrofit Sales Declined in 2011, Survey Shows
Sales of all diesel retrofit devices in the United States declined in 2011 from the previous two years, according to the Manufacturers of Emission Controls Association.
June 5, 2012