Oil closed at over $80 a barrel for the first time in more than a week, following a Department of Energy report showing that fuel inventories fell last week, Bloomberg reported.
November 4, 2009Search
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Air Freight Demand Begins Picking Up, But Experts Predict a Slow Recovery
Air freight carriers appear to be pulling out of a steep dive caused by the global economic downturn over the past year, but company executives and industry observers said they expect the recovery to be slow and uneven.
November 9, 2009Diesel Gains 0.7¢ to $2.808
The sudden run-up of U.S. retail diesel fuel prices moderated last week, as the average price rose just 0.7 cent to $2.808 a gallon, the Department of Energy reported. Fleet executives, however, said the respite isn’t easing their cost pressures.
November 9, 2009Valvoline, Tech Firm tiwi Team to Boost Fleets’ Efficiency
GRAPEVINE, Texas — Lubricant maker Valvoline and technology firm tiwi have unveiled a program for over-the-road fleets that they guarantee will boost fuel efficiency by at least 4%.
November 6, 2009Diesel Gains 0.7¢ to $2.808 a Gallon as Increases Slow
Diesel fuel’s national average retail price rose for a fourth straight week, though its increase slowed from recent weeks in a 0.7 cent gain to $2.808 a gallon, the Department of Energy said Monday.
November 3, 2009Cap-and-Trade Would Be Costly for Trucking, ATA Official Windsor Warns at Hearing
WASHINGTON — A cap-and-trade climate bill would dramatically increase the cost of diesel fuel by as much as 88 cents a gallon, an American Trucking Associations official told a Senate committee last week.
November 2, 2009Diesel Jumps 9.6¢ to $2.801
U.S. diesel prices continued to surge as the national average rose another 9.6 cents a gallon to $2.801 last week, the highest level in nearly a year, the Department of Energy said.
November 2, 2009Oil Falls Below $79 a Barrel Following Inventory Report
Oil fell more than $1 to below $79 a barrel early Wednesday following a report that showed crude inventories improved last week, Bloomberg reported.
October 28, 2009Gasoline Jumps 18¢ in Two Weeks, to $2.66 a Gallon
Regular gasoline jumped 18 cents in the past two weeks to a national average $2.66 a gallon, according to the latest Lundberg Survey of fuel prices.
October 26, 2009Diesel Jumps 9.6¢ to $2.801; Gas Gains a Dime to $2.674
Diesel and gasoline both rose for a third straight week, with diesel jumping 9.6 cents to $2.801 a gallon, its highest level in almost a year, the Energy Department said.
October 27, 2009