Diesel rose 5.3 cents to $4.157 a gallon, its fifth straight increase and the highest price in four-and-a-half years, while gasoline jumped 13.6 cents, the Department of Energy reported.
February 20, 2013Business, Fuel
Gasoline Prices Jump, Journal Reports
Gasoline prices have risen for 32 straight days to $3.73 a gallon, a four-month high, the Wall Street Journal reported Tuesday.
February 19, 2013Business, Fuel
U.S. Could Spend $340 Million for Natural Gas Tax Incentives
The U.S. government could give out $340 million in refunds this year under a tax incentive program that helps boost the use of natural gas as a transportation fuel, according to an estimate by Congress’ Joint Committee on Taxation.
February 18, 2013Business, Fuel
Diesel Prices Jump 8.2¢ to $4.104 a Gallon
Retail fuel prices spiked again last week, with diesel rising 8.2 cents to $4.104 a gallon, the Department of Energy reported.
February 18, 2013Business, Fuel
Oil Declines to End Week Below $96 a Barrel
Oil fell $1.45 on Friday to finish the trading week below $96 a barrel, after holding above $97 the previous four days, Bloomberg News reported.
February 15, 2013Business, Fuel
DOE Boosts Diesel Price Forecast
Diesel fuel will average $3.92 a gallon this year — below last year’s average but a nickel higher than a previous projection, the Department of Energy said Tuesday.
February 12, 2013Business, Fuel
Diesel Rises 8.2¢ to $4.104 in Fourth Straight Increase; Gasoline Gains 7.3¢ to $3.611
Diesel rose 8.2 cents to $4.104 a gallon, the fourth straight increase and the highest price since October, while gasoline rose for an eighth week, the Department of Energy said.
February 12, 2013Business, Fuel
Gasoline Price Jumped 25¢ in Past Two Weeks, Lundberg Survey Reports
Gasoline prices jumped 25 cents in the past two weeks to $3.59 a gallon, while diesel rose 12 cents to $4.07, according to the latest Lundberg survey of filling stations released Sunday.
February 11, 2013Business, Safety, Government, Fuel, Autonomous
Traffic Costs Truckers $27 Billion In Extra Fuel, Wages, Study Says
Trucking fleets wasted some $27 billion on fuel and wages as their vehicles sat in traffic jams around the country during 2011, according to a new report from Texas A&M University’s Transportation Institute.
February 11, 2013Business, Fuel
Diesel Jumps 9.5¢ to $4.022
Retail fuel prices rose significantly last week, with the diesel average jumping 9.5 cents a gallon to $4.022 — the largest spike since August — and gasoline leaping 18.1 cents — the most in nearly two years, according to the Department of Energy.
February 11, 2013