Truckers in the Northeast soon could find ultra-low-sulfur-diesel fuel in short supply and more expensive if Sunoco Inc. proceeds with its plan to close its Philadelphia refinery in July, the U.S. Energy Information Administration warned last month.
March 5, 2012EditorialBusinessFuel
Editorial: Oil Patch Blues
The news from the oil patch just keeps getting worse and worse. As if $4-a-gallon diesel isn’t bad enough for the trucking industry, now comes a warning from the federal government that ultra-low-sulfur diesel may soon become scarcer and even more expensive in the Northeast because of a string of refinery closings.
March 5, 2012BusinessFuel
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, 2012BusinessFuel
Diesel Supplies May Tighten in Northeast, DOE Says
Diesel supplies could be tight for a year or more in the Northeast because of refinery shutdowns and transportation constraints, according to a Department of Energy report released this week.
March 1, 2012BusinessFuel
Diesel Jumps 9.1¢, Vaults Past $4 a Gallon
Diesel jumped 9.1 cents to $4.051 a gallon, the first time it has topped $4 since November and the highest price since May, the Department of Energy said.
February 28, 2012BusinessFuel
Diesel Average Up 1.7¢ to $3.96
The price of retail diesel rose last week for the fourth consecutive time, edging up 1.7 cents a gallon to $3.96, the U.S. Department of Energy reported.
February 27, 2012BusinessFuel
Diesel Rises 1.7¢ to $3.96 in Fourth Straight Gain
Diesel fuel rose for a fourth week, gaining 1.7 cents to $3.96 a gallon, while gasoline rose for the eighth time in nine weeks, the Department of Energy said.
February 22, 2012GovernmentBusinessFuel
Maryland Gov. Wants to Apply 6% Sales Tax to All Fuel Purchases
Maryland Gov. Martin O’Malley (D) has sent the legislature his proposal for imposing the state’s 6% sales tax on all motor fuel purchases — a plan that based on today’s prices could add nearly $40 in taxes every time a trucker fills up.
February 21, 2012BusinessFuel
Diesel Climbs 8.7¢ to $3.943; Fuel Price Highest Since November
Retail diesel prices hit their highest levels in three months last week, jumping 8.7 cents to $3.943 a gallon, the Department of Energy reported.
February 20, 2012BusinessFuel
Diesel Jumps 8.7¢ to $3.943 a Gallon; Gas Gains for Seventh Time in Eight Weeks
Diesel jumped 8.7 cents to $3.943 a gallon, its fifth increase in six weeks, while gasoline rose for the seventh time in eight weeks, the Department of Energy reported.
February 14, 2012