Diesel fell for the eighth week in the past ten, declining 6.2 cents to $3.888 a gallon, the Department of Energy said.
June 28, 2011Business, Fuel
Gasoline Continues to Decline, Falling 11¢ to $3.63, Lundberg Survey Says
Gasoline’s national average price continued its downward trend, falling 11 cents in the past two weeks to an average $3.628 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
June 27, 2011Business, Fuel, Government
Diesel Dips 0.4¢ to $3.95 a Gallon; DOE to Open Strategic Petroleum Reserve
The average price of a gallon of retail diesel dipped for the sixth time in the past seven weeks, even before 28 nations agreed June 23 to release 60 million barrels of crude oil from their strategic reserves in a bid to drive fuel prices lower around the world.
June 27, 2011Business, Fuel
Oil Falls to 4-Month Low Near $91 a Barrel; U.S. To Tap Strategic Petroleum Reserve
Oil fell more than $4 to a four-month low near $91 a barrel Thursday after the U.S. government said it would tap the Strategic Petroleum Reserve as part of an international effort to boost supplies, Bloomberg reported.
June 23, 2011Business, Fuel
Diesel Dips 0.4¢ to $3.95 a Gallon; Gasoline Falls for Sixth Week
Diesel’s national average pump price dipped 0.4 cent to $3.95 a gallon, while gasoline took its sixth straight decline, dropping 6.1 cents to $3.652, the Department of Energy said.
June 21, 2011Business, Fuel
Oil Falls to Near $91 a Barrel
Oil fell to near $91 a barrel in early trading Monday, the lowest intraday price since February and below the closing price at the end of last year, Bloomberg reported.
June 20, 2011Business, Fuel
Diesel Fuel Price Rises After Five Consecutive Weekly Declines
Reversing five weeks of decline, the average price of a gallon of diesel rose 1.4 cents a gallon last week to $3.954, the Department of Energy reported.
June 20, 2011Business, Fuel
Oil Holds Under $95 a Barrel
Oil rose 14 cents Thursday, holding under $95 a barrel a day after falling to the lowest closing price in almost four months, Bloomberg reported.
June 16, 2011Business, Fuel
Diesel Rises 1.4¢ to $3.954; Gas Drops 6.8¢
Diesel’s national average rose 1.4 cents to $3.954 a gallon, its first increase in six weeks, while gasoline dropped 6.8 cents to $3.713, the Department of Energy said.
June 14, 2011Business, Fuel, Logistics, Government, Autonomous
CTA Fuel Expert Challenges Biodiesel Claims
An expert hired by the Canadian Trucking Alliance is disputing claims made by the Canadian renewable fuels industry that diesel fuel buyers would save dramatically if the federal government proceeds with a proposed biodiesel mandate on July 1.
June 13, 2011