Oil prices fell slightly Wednesday to near $89 a barrel, capping the biggest monthly decline since May, Bloomberg reported.
August 31, 2011Business, Fuel
Oil Slips, as Monthly Price Drops by Most Since May
Business, Fuel
Planned U.S.-Canada Oil Pipeline Gets Favorable Report
The U.S. State Department said in a report that the planned Keystone XL pipeline, which would transport crude oil from tar sands in Alberta, Canada, to oil refineries in Texas, is unlikely to have a significant impact on the environment, Associated Press reported.
August 30, 2011Business, Fuel
Diesel Gains a Penny to $3.82 a Gallon
Diesel’s national average pump price rose for the first time in five weeks, edging up 1 cent to $3.820 a gallon, while gasoline increased 4.6 cents to $3.627, the Department of Energy said.
August 30, 2011Business, Fuel
Oil Rises to Nearly $87 a Barrel
Oil rose to nearly $87 a barrel in early trading Monday, following a report that consumer spending increased more than forecast, Bloomberg reported.
August 29, 2011Business, Fuel
Interest in Natural Gas Truck Fuel Increases; Industry Observers Predict Rising Sales
Sales of natural-gas-powered trucks will grow faster than the rest of the North American market, hitting almost 30,000 units by 2017, consulting firm Frost & Sullivan said.
August 29, 2011Government, Fuel
Fuel Rule to Spur Tweaks in Cummins’ SCR Engines
Engine manufacturer Cummins Inc. will use incremental improvements to its current selective catalytic reduction engines to meet new federal standards for limiting greenhouse gas emissions between now and 2017, a senior company engineer said.
August 29, 2011Business, Fuel
Diesel Declines 2.5¢ to $3.81 For Fourth Consecutive Drop
The national average price of retail diesel declined for the fourth consecutive week, dipping 2.5 cents a gallon to $3.81, the Department of Energy reported.
August 29, 2011Business, Fuel
UPS to Purchase 100 All-Electric Vehicles
UPS announced it will purchase 100 all-electric delivery vehicles to replace older generation diesel trucks in the company's fleet.
August 25, 2011Business, Fuel
Firms to Invest $150 Mln. in Clean Energy for Natural Gas Fueling Stations
Three investment firms have agreed to invest $150 million in Clean Energy Fuels Corp. to support its efforts to develop natural gas fueling infrastructure in North America, the company announced Thursday.
August 25, 2011Business, Fuel
Diesel Dips 2.5¢ to $3.810 in Fourth Straight Decline
Diesel’s national average pump price declined for a fourth consecutive week, dipping 2.5 cents to $3.810 a gallon, while gasoline decreased 2.3 cents to $3.581, the Department of Energy said.
August 22, 2011