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Obama Touts Natural Gas for Trucking

MOUNT HOLLY, N.C. — President Obama proposed a federal tax credit designed to encourage the trucking industry to move toward natural-gas and electric vehicles by helping underwrite their higher acquisition costs.

March 12, 2012

Editorial: Resisting the Fuel Price Spiral

Fuel prices are again big news, as the national average for a gallon of retail diesel climbed to almost $4.10, well above that strong $4-a-gallon psychological threshold.

March 12, 2012

Obama Proposes Tax Credit for Natural Gas, Electric Trucks

MT. HOLLY, N.C. — President Obama has proposed a new federal tax credit to encourage truck fleets to purchase vehicles powered by natural gas or electricity.

March 7, 2012

Oil Rises From Two-Week Low

Oil rose from a two-week low in early trading Monday on forecasts that U.S. fuel supplies are declining, Bloomberg reported.

March 7, 2012

One Leg of Keystone Pipeline to Be Built

Trans Canada said it plans to build the portion of the Keystone XL Pipeline that would run from Cushing, Okla., to Texas refineries as a stand-alone project that could be completed next year.

March 5, 2012

Oil Trades Near Four-Day Low

Oil fell to near a three-day low in early trading Monday after a report on projected lower demand in China, Bloomberg reported.

March 5, 2012

Diesel Rises Again, Gaining 4.3¢ to $4.094

Diesel rose for the eighth week in the past nine, gaining 4.3 cents to $4.094, its highest price in 10 months, while gasoline jumped again, the Department of Energy said.

March 6, 2012

Oil Falls for First Time in Three Days

Oil fell in early trading Friday after rising for the past two days and closing Thursday near a 10-month high, Bloomberg reported.

March 2, 2012

Diesel Average Rises Above $4; Price Is Highest Since Mid-May

U.S. diesel prices surged last week, crossing the important psychological $4-a-gallon threshold and reaching their highest level since May 16, according to the Department of Energy.

March 5, 2012