Three institutional investors have put $15.5 million in financing into Innovation Fuels, an Albany, N.Y., company that makes and distributes biodiesel fuel worldwide, financial firm Credit Suisse said Tuesday.
June 3, 2008FuelBusinessGovernment
Diesel Dips 1.6¢ to $4.707; Gas Gains 3.9¢ to Record $3.976
The average price of retail diesel fuel fell for the first time in a month, dipping 1.6 cents from an all-time record high to an average $4.707 a gallon, the Department of Energy said.
June 3, 2008Government
Connecticut to Raise Diesel, Gas Taxes
Connecticut will raise its taxes on diesel and gasoline July 1, the Hartford Courant reported Tuesday.
June 3, 2008FuelBusinessGovernment
U.S. Refineries Restricting Diesel Supplies
U.S. diesel prices roared past gasoline in September, reversing the historic pattern because rising demand for diesel, coupled with the weak dollar, has led refiners to export the fuel even as their use of refinery capacity is at a four-year low, according to market experts.
June 2, 2008GovernmentBusinessSafetyLogisticsFuel
Diesel Soars Another 22.6¢ to Record $4.723
Diesel continued to soar last week, jumping 22.6 cents to put the national average retail price at an unprecedented $4.723 a gallon, according to the Department of Energy.
June 2, 2008GovernmentBusinessFuel
Minnesota to Require 20% Biodiesel in 2015
Minnesota Gov. Tim Pawlenty (R) signed a bill that will require diesel sold in the state to contain 20% biodiesel content by 2015, the Associated Press reported.
May 30, 2008GovernmentBusinessSafetyFuelTechnology
Letters to the Editor: Ban on Independents, Exporting U.S. Diesel, Ticketing Truckers, Fuel and Emissions
In response to the Los Angeles Port Authority’s looming ban on owner-operators, it never ceases to amaze me that our governmental bodies believe they have autonomous authority over all things.
May 28, 2008FuelBusiness
Diesel Soars 22.6¢ to Record $4.723 a Gallon
Diesel fuel topped its recent big jumps in soaring 22.6 cents to an average $4.723 a gallon nationwide, for a third straight record high, the Department of Energy said Tuesday.
May 28, 2008GovernmentBusinessSafety
British Truckers Jam London in Diesel Protest
Hundreds of trucks blocked traffic in central London Tuesday to protest soaring diesel prices there, the Associated Press reported.
May 27, 2008FuelBusinessGovernment
Diesel Jumps 16.6¢ to $4.497
The average price of diesel fuel jumped another 16.6 cents to a record $4.497 a gallon, the Energy Department said Monday.
May 20, 2008