Oil posted its first weekly decline in two months, finishing at below $96 a barrel on the New York Mercantile Exchange, Bloomberg News reported.
February 8, 2013Business, Fuel
Oil Takes First Weekly Drop in Two Months
Business, Fuel
DEF Pump Price Holds at $2.79 a Gallon
The retail price of diesel exhaust fluid at U.S. truck stops held at $2.79 a gallon in January from the previous month, Integer Research Ltd. reported.
February 7, 2013Business, Fuel
Goal Set for Biodiesel to be 10% of On-Road Diesel Market by 2022
The National Biodiesel Board announced a goal for biodiesel to make up 10% of the on-road diesel market by 2022.
February 6, 2013Business, Fuel
Diesel Rises 9.5¢ to More Than $4 a Gallon; Gasoline Jumps 18.1¢ to $3.538
Diesel rose 9.5 cents to $4.022 a gallon, the first time it has topped $4 in more than two months, while gasoline jumped 18.1 cents to $3.538, its biggest spike in almost two years, the Department of Energy said.
February 4, 2013Government, Business, Fuel
EPA Proposes Biofuel Mandate
The Environmental Protection Agency proposed a cellulosic biofuel mandate that it said complies with a court ruling that overturned its previous methodology for the mandate.
February 4, 2013Business, Fuel
Florida Fleet Converting to Natural Gas
A Florida company said it is opening a compressed natural gas fueling station and will convert its distribution fleet to natural gas.
February 4, 2013Government, Fuel
Energy Secretary Chu Stepping Down
Energy Secretary Steven Chu is stepping down, following last week’s announcement that Transportation Secretary Ray LaHood is leaving the Obama administration.
February 4, 2013Business, Government, Safety, Fuel, Autonomous
Truck Stops Expanding Purchase Options at Fuel Islands to Speed Driver Transactions
Spurred by the demands of newer diesel engines, changing emissions technology and escalating competition, truck-stop operators say they have begun placing more fuels and other products where drivers can find them fast and buy them with a single swipe of a credit card.
February 4, 2013Business, Fuel
Diesel Rises 2.5¢ to $3.927 a Gallon
U.S. retail diesel prices rose 2.5 cents a gallon to $3.927 last week, the second straight increase, the Department of Energy reported.
February 4, 2013Business, Fuel
Oil Finishes Week Above $97 a Barrel
Oil prices finished above $97 a barrel on Friday, and finished the week higher for the eighth straight week, the longest string in more than eight years, Bloomberg News reported.
February 1, 2013