diesel News Updates

BusinessFuel

Diesel Fuel Rises 3.7¢ to $3.331

The average price of U.S. retail diesel rose another 3.7 cents last week to $3.331 a gallon, the Department of Energy reported, or 26.4 cents higher than it was two months ago.

January 10, 2011
BusinessFuel

Diesel Starts Year With 3.7¢ Increase to $3.331 a Gallon

Diesel started the new year with a 3.7-cent increase to $3.331 a gallon, while gasoline gained 1.8 cents to $3.07, the Department of Energy reported.

January 4, 2011
BusinessFuel

Diesel Tops $3 a Gallon as Year Comes to a Close

For 2010, diesel prices averaged just below $3 a gallon,  and the trend at the end of the year was well above that watershed level.

December 29, 2010
BusinessFuel

Diesel Finishes 2010 at Two-Year High $3.294

Diesel’s national average pump price finished 2010 at a more than two-year high, gaining 4.6 cents Monday to $3.294 a gallon, while gasoline topped the $3 level for the first time since October 2008, the Department of Energy reported.

December 28, 2010
BusinessGovernmentFuel

House Passes Diesel Emissions Reduction Act

The House of Representatives passed a bill Tuesday that would extend a program of grants and loans to reduce diesel emissions.

December 22, 2010
BusinessFuel

Diesel Rises Again, Gaining 1.7¢ to Two-Year High $3.248 a Gallon

Diesel rose 1.7 cents to a national average of $3.248 a gallon at the pump — the fourth time it has hit a two-year high in the past six weeks, the Department of Energy said.

December 21, 2010
BusinessFuel

Obama Signs Biodiesel Tax Credit Measure Into Law

President Obama has signed into law a measure that reinstates a biodiesel tax credit of $1 per gallon.

December 20, 2010
BusinessFuel

Rising Crude Price Pushes Diesel, Gas to Highest Levels in 2 Years

U.S. retail motor fuel prices continued to climb last week as both diesel and gasoline reached two-year highs, the Department of Energy said.

December 20, 2010
BusinessFuel

Diesel Rises 3.4¢ to $3.231 in Latest Two-Year High

Diesel rose to its latest two-year high — the third time it has done so in the past month — rising 3.4 cents to $3.231 a gallon, the Department of Energy said.

December 14, 2010
BusinessFuel

Diesel Premium to Remain in 2011, Analysts Predict

U.S. retail diesel has sold at a premium over gasoline throughout 2010, and petroleum market watchers said global competition for the trucking industry’s main fuel likely means that will not change any time soon.

December 13, 2010