U.S. diesel and gasoline prices each made modest moves during the week ended June 5 but in different directions. Diesel slipped 0.7 cent a gallon and gas rose 0.8 cent, while crude oil dropped toward this year’s low point below $46 a barrel.
June 12, 2017Fuel
Diesel Price Dips 0.7¢ to $2.564 a Gallon
The U.S. average retail price of diesel dipped 0.7 cent to $2.564 a gallon, the Department of Energy reported June 5.
June 5, 2017Fuel
US Diesel Climbs 3.2¢ to $2.571, Reversing Five Weeks of Declines
The U.S. diesel average reversed direction and rose 3.2 cents a gallon to $2.571 on May 29, taking back more than half of the decreases from the previous five weeks combined, the Department of Energy reported.
June 5, 2017Fuel
Diesel Rises 3.2¢ to $2.571 a Gallon
The U.S. average retail price of diesel rose 3.2 cents to $2.571 a gallon, the first rise in six weeks, the Department of Energy said May 30.
May 31, 2017Business, Fuel
Diesel Price Falls 0.5¢ to $2.539 a Gallon
The U.S. average retail price of diesel dropped 0.5 cent to $2.539 a gallon, the Department of Energy said May 22.
May 22, 2017Business, Fuel
Diesel Falls 2.1¢ to $2.544 a Gallon
The U.S. average retail price of diesel dropped 2.1 cents to $2.544 a gallon, and oil prices regained some ground lost over the past two weeks amid indications OPEC-led production cuts could be extended for six more months.
May 15, 2017Business, Fuel, Government
Indiana Approves 10¢ Motor Carrier Surcharge Increase
Along with increasing its diesel tax by 10 cents, Indiana recently approved a 10-cent increase to a surcharge tax for trucks.
May 14, 2017Government, Business
Natso Urges Congress to Extend Biodiesel Blenders’ Tax
Members of Congress should extend the biodiesel blenders’ tax credit when they take up legislation that would overhaul the country’s tax code, the association representing truck stops and travel plazas indicated recently.
May 9, 2017Business, Fuel
Diesel Prices Drop 1.8¢ to $2.565
The U.S. average retail price of diesel dropped 1.8 cents to $2.565 a gallon as oil prices remained below $50 a barrel for the third week amid questions about whether Saudi Arabia and Russia will cut oil production into 2018.
May 8, 2017Business, Fuel
World Buying American Diesel as Fast as Refiners Can Make It
The international market has a message for American refiners: Stay calm and keep turning crude into diesel.
May 4, 2017