diesel News Updates

FuelGovernment

China’s Diesel Stockpiling Boosting Prices, Journal Says

The worldwide spike in diesel prices is being driven in part by China’s stockpiling of the fuel in advance of this summer Olympics, which it is hosting, and the United States is exporting more diesel to the world market, the Wall Street Journal reported Monday.

May 19, 2008
GovernmentBusinessSafetyFuel

Diesel Soars 18.2¢ to Record $4.331

Diesel fuel jumped 18.2 cents to a new record Monday, averaging $4.331 a gallon at the pump nationwide, the Department of Energy said.

May 13, 2008
BusinessFuelGovernment

Diesel Price Slips 2.8¢ to $4.149

The average price of retail diesel slipped 2.8 cents last week from its all-time record — the first decline in four weeks — as the Department of Energy released a prediction that prices would remain above $4 a gallon for the foreseeable future.

May 12, 2008
FuelBusinessGovernment

DOE Boosts Diesel-Price Forecast

Diesel fuel will average $3.94 per gallon at the pump this year — more than a dollar over last year’s average and higher than the $3.62 forecast issued last month, the Department of Energy said.

May 6, 2008
FuelBusinessLogisticsGovernment

Diesel Falls 2.8¢ to $4.149; Gasoline, Oil Reach Records

The national average price of diesel fuel fell for the first time in a month, declining 2.8 cents to $4.149 a gallon, the Energy Department said Monday.

May 6, 2008
BusinessLogisticsFuelGovernment

Diesel Rises 3.4¢ to $4.177

U.S. retail diesel prices set a record for the third consecutive week as the national average rose 3.4 cents a gallon to $4.177, according to data from the Department of Energy.

May 5, 2008
FuelBusinessLogisticsGovernment

Diesel Gains 3.4¢ to Record $4.177

The national average price of diesel fuel rose to a new record high, gaining 3.4 cents to $4.177 a gallon, the Department of Energy said Monday.

April 29, 2008
FuelBusinessGovernment

Diesel, Gas Set Records

U.S. retail fuel prices continued to soar into uncharted territory last week, as the average price of diesel jumped another 8.4 cents to $4.143 a gallon and gasoline gained 11.9 cents to $3.508, the Department of Energy reported.

April 28, 2008
FuelBusinessLogisticsGovernment

Diesel Continues to Soar, Jumping 8.4¢ to $4.143

The national average price of diesel fuel continued to shatter records Monday, jumping 8.4 cents to $4.143 a gallon, the Department of Energy said.

April 22, 2008
BusinessFuelGovernment

Sen. Snowe Introduces Bill to Lower Diesel Tax

Sen. Olympia Snowe (R-Maine) has introduced legislation to lower the federal tax on diesel fuel, to make it on par with the gasoline tax.

April 22, 2008