short-term News Updates

Business

DOE Predicts High Inventories, Soft Prices for Crude, Refined Products

World and U.S. markets for crude oil and refined petroleum will continue to favor buyers in the short term, by a little more than recently expected, the U.S. Department of Energy predicted in a Sept. 9 report.

September 9, 2015
Business

DOE Lowers 2012 Diesel Price Forecast

Diesel fuel will average $3.79 a gallon this year, the Department of Energy said, lowering its most recent forecast by 11 cents.

July 10, 2012
Business

DOE Lowers Price Forecasts for Diesel, Gasoline, Crude Oil

Diesel fuel will average $3.90 a gallon this year, the Department of Energy said, lowering a previous forecast.

June 13, 2012
Business

Diesel to Remain Over $4 a Gallon, DOE Says

Diesel will remain over $4 a gallon this summer, the Department of Energy said in its latest monthly short-term energy outlook.

April 13, 2011
Fuel, Business

Diesel To Average $3.19 Next Year, DOE Says

Diesel will continue to rise into next year, averaging $3.19 at the pump in 2011, the Department of Energy said.

November 9, 2010
Fuel, Business

DOE Holds Diesel Forecast Under $3 a Gallon

The Department of Energy said diesel will average just below $3 a gallon this year, in line with its previous forecasts, but will climb over that level in 2011.

August 10, 2010
Fuel, Business

DOE Keeps 2010 Diesel Forecast Under $3 a Gallon

Diesel’s national retail price will average $2.98 a gallon this year, the Department of Energy said in boosting its most recent prediction by 2 cents.

July 8, 2010
Fuel, Business

DOE Lowers 2010 Diesel Forecast to Below $3 a Gallon

The Department of Energy said diesel will average under $3 a gallon this year, lowering last month’s forecast by about a dime.

June 8, 2010
Fuel, Business

Diesel, Gasoline to Remain Near $3 a Gallon into 2011, DOE Says

Diesel will average more than $3 a gallon next year, in line with a previous forecast, the Department of Energy said.

April 7, 2010