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Diesel Hit $4 a Gallon Multiple Times in 2011

U.S. diesel prices climbed in 2011 to an average of $3.84 per gallon as of Dec. 12, about 85 cents higher than last year, and topped the $4 mark in April, May and November.

December 19, 2011

Diesel Falls 6.6¢ to $3.828 in Largest Drop Since May 2010

Diesel dropped 6.6 cents to $3.828 a gallon, its fourth straight downturn and the biggest decline in more than a year and a half, the Department of Energy said.

December 20, 2011

Diesel Drops to $3.894; Gas Price Down by 0.4¢

U.S. diesel prices slipped 3.7 cents to $3.894 a gallon last week, the third straight weekly drop, the Department of Energy reported.

December 19, 2011

Three New Projects Promise to Lift Truck/Rail Oil Transport

Three new projects, featuring transloading between trucks and trains, are being developed to tap the growing demand to transport crude oil generated by recent energy development efforts, according to separate announcements.

December 19, 2011

Oil Drops $5 to Below $95 a Barrel

Oil fell more than $5 on Wednesday — down from a $100-plus per-barrel closing price on Tuesday — after OPEC said it would lift its production ceiling and a government report showed gasoline and diesel inventories rose last week.

December 14, 2011

Gasoline Price Update: Price Drops 0.4¢ to $3.286

The Department of Energy has altered its weekly gasoline price average to $3.286 a gallon, a 0.4-cent weekly decline, from a previously announced 1.6-cent decline.

December 14, 2011

Oil Falls to Two-Week Low

Oil fell to near $98 a barrel in early trading Monday on the New York Mercantile Exchange, a two-week low, Bloomberg reported.

December 12, 2011

Diesel Drops 3.7¢ to $3.894 in Third Decline

Diesel’s national average pump price fell 3.7 cents to $3.894 a gallon, its third straight downturn, while gasoline also declined, the Department of Energy said.

December 14, 2011

U.S. Trade Deficit Narrows in October

The U.S. trade deficit narrowed by 1.6% in October, shrinking to its lowest level of the year, the Commerce Department said Friday.

December 9, 2011