Oil fell more than $1 Thursday but remained over $100 a barrel for a second day, Bloomberg reported.
May 26, 2011Business, Fuel
Oil Rises to More Than $102 a Barrel
Oil rose past $102 a barrel in early trading Tuesday, its highest level in three weeks, as a leak shut a pipeline carrying crude to a U.S. storage hub, Bloomberg reported.
May 31, 2011Business, Fuel
E&MU: Electric Trucks Reach the Market
It appears that the time for electric commercial trucks has arrived. After years of anÂnouncements promoting concepts and prototypes, several suppliers have introduced battery-electric production models.
May 31, 2011Business, Fuel
Diesel Fuel Price Falls 6.4¢ to Below $4 a Gallon
The average cost of a gallon of retail diesel fell 6.4 cents to $3.997 a gallon last week, the largest weekly drop in a year, the Department of Energy reported.
May 30, 2011Business, Fuel
Oil Falls, but Holds Over $100 a Barrel
Business, Fuel, Government
Cars, Light Trucks to be Required to Show Fuel-Use Labels
U.S. cars and light trucks will be required to carry labels comparing estimated five-year fuel costs with those of the average new vehicle, the Department of Transportation and Environmental Protection Agency said Wednesday.
May 25, 2011Business, Fuel
Diesel Drops 6.4¢ to Below $4 a Gallon; Gasoline Falls 11.1¢ to $3.849
Diesel took its biggest drop in a year, declining 6.4 cents to $3.997 a gallon, while gasoline dropped by more than a dime, the Department of Energy said.
May 24, 2011Business, Fuel
Gasoline Drops 9¢ to $3.91 a Gallon, Lundberg Says
Gasoline dropped 9 cents in the past two weeks to a national average $3.91 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 23, 2011Business, Fuel
Diesel Fuel Price Declines 4.3¢ to $4.061
The average cost of a gallon of U.S. retail diesel declined 4.3 cents to $4.061 a gallon last week, the biggest drop in nearly a year, according to the Department of Energy.
May 23, 2011Perspective, Fuel
Opinion: Domestic Energy Production Besieged
As the price of a barrel of oil stands in excess of $100, we should remember how dependent the trucking industry is on petroleum-derived diesel fuel.
May 20, 2011Business, Fuel
Oil Rises from Three-Month Low
Oil rebounded from a three-month low in early trading Wednesday, rising almost $2 to near $99 a barrel, Bloomberg reported.
May 18, 2011