Oil slipped to the lowest since November as weaker demand at the start of the summer driving season led to another increase in gasoline stockpiles.
June 14, 2017Fuel
Diesel Slips 0.7¢ to $2.564, Gas Rises to $2.414
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
Crude Falls for Third Week as Glut Persists After OPEC Cuts
Oil fell for a third week as rising supplies from the United States to Nigeria to Libya showed that OPEC is still struggling to clear a global glut.
June 9, 2017Business, Fuel
Oil Extends Decline as US Crude, Gasoline Stockpiles Rise
Oil tumbled to the lowest intraday level in four weeks June 7, as U.S. industry data showed an unexpected increase in crude inventories. Gasoline stockpiles also rose.
June 7, 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, 2017Government, Fuel
Controversial, Long-Shot Bid to Raise Louisiana's Gasoline Tax Dies
The five-month campaign to upgrade Louisiana's jammed roads and bridges by raising the state gasoline tax died May 31 with little fanfare in the Louisiana House.
June 1, 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, 2017Government, Business, Fuel
Editorial: A Start to Budgeting, Not the End
The infrastructure section of President Donald Trump’s budget proposal is highly problematic in that it probably would lead to a sharp increase in tolled highways and bridges, but for now, we are hopeful that this is just an opening-round statement and not the final word on spending and taxes for fiscal 2018.
May 29, 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, 2017