Diesel fell another 2.1 cents to $2.903 a gallon, its third straight downturn and eighth decline in nine weeks, the Energy Department said.
July 13, 2010Business, Fuel, Government
Trade Deficit Hits 18-Month High
The U.S. trade deficit widened 4.8% in May to the highest level in a year and a half, the Commerce Department said Tuesday.
July 13, 2010Fuel, Business
EPA Proposes Renewable Fuel Standard Volumes for 2011
The Environmental Protection Agency has released the proposed 2011 percentage standards for its Renewable Fuel Standard.
July 12, 2010Business, Fuel
Gas Prices Fall 3.9¢ to $2.73 a Gallon, Lundberg Says
Gasoline’s national average price fell 3.9 cents in the past two weeks to $2.73 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
July 12, 2010Government, Fuel
EPA Proposes Speeding Approval Process for Installing Multi-Fuel Systems in Trucks
The U.S. Environmental Protection Agency, noting “growing interest” in alternative-fuel conversion systems, recently proposed to streamline certification of aftermarket conversions that turn Class 8 diesel engines into engines that can burn diesel and natural gas.
July 12, 2010Business, Fuel
Diesel Drops 3.2¢ to $2.924 a Gallon
The U.S. retail diesel average dipped 3.2 cents to $2.924 last week, the seventh decline in eight weeks, the Department of Energy reported.
July 12, 2010Business, Fuel
Oil Ends Week Over $76, Led by Higher Diesel Demand
Oil finished the trading day Friday over $76 a barrel, gaining about $4 in the past week led by high diesel demand, Bloomberg reported.
July 9, 2010Fuel, Business
DOE Keeps 2010 Diesel Forecast Under $3 a Gallon
Diesel’s national retail price will average $2.98 a gallon this year, the Department of Energy said in boosting its most recent prediction by 2 cents.
July 8, 2010Business, Fuel
Diesel Drops 3.2¢ to $2.924 a Gallon
Diesel fuel’s national average fell 3.2 cents to $2.924 a gallon, its seventh decline in eight weeks and matching the lowest price since mid-March, the Department of Energy said Tuesday.
July 7, 2010Business, Fuel
Oil Rises for First Time in a Week
Oil prices rose Tuesday for the first time in six trading days to just under $73 a barrel as the dollar weakened against the euro, Bloomberg reported.
July 6, 2010