Diesel rose for a second consecutive week, rising 2.4 cents to $3.89 a gallon, while gasoline jumped 7 cents to $3.673, the Department of Energy reported.
May 21, 2013BusinessFuel
Holiday Weekend Driving to Rise Slightly, AAA Says
The number of Americans driving during the Memorial Day holiday weekend will rise slightly, with a majority saying gasoline prices will not impact their plans, according to AAA.
May 24, 2013BusinessFuel
Oil Slides Below $93 a Barrel
Oil fell for a third day Thursday, falling more than $1 to below $93 a barrel after dropping almost $2 on Wednesday, on reports that Chinese manufacturing slowed, Bloomberg News reported.
May 23, 2013BusinessFuel
Oil Drops Following DOE Inventory Report
Oil declined more than $1 to near $95 a barrel following a Department of Energy report that showed crude supplies fell and gasoline stockpiles rose last week.
May 22, 2013Fuel
Moniz Sworn in as Energy Secretary
Ernest Moniz was sworn in as Secretary of Energy, less than a week after the Senate unanimously confirmed President Obama’s nomination of the former Massachusetts Institute of Technology physicist.
May 22, 2013GovernmentBusinessFuel
CARB Hosting Free Classes on Diesel-Regulation Compliance
The California Air Resources Board is hosting free classes on complying with CARB diesel regulations.
May 21, 2013BusinessFuel
Legislation Introduced to Halt Imported BioFuel
Legislation was introduced in the U.S. Senate to ensure only domestically sourced advanced biofuels are used to meet the U.S. Environmental Protection Agency’s renewable fuel mandate, according to a bill co-sponsor Tennessee Senator Bob Corker (R).
May 20, 2013BusinessFuel
Gasoline Jumps 11.2¢ on Refinery Outages, Lundberg Reports
Gasoline jumped 11.2 cents in the past two weeks to $3.66 a gallon, as refineries in the Midwest and West Coast regions experienced outages, according to the latest Lundberg Survey of filling stations released Sunday.
May 20, 2013BusinessFuel
Diesel Average Rises 2.1¢
U.S. retail diesel prices rose last week for the first time in nearly three months, with the national average creeping up 2.1 cents to $3.866, even as crude prices are dropping and petroleum product inventories are bulging.
May 20, 2013BusinessFuel
Oil Declines for Fifth Day to Near $92 a Barrel
Oil fell almost $2 Wednesday to near $92 a barrel, the fifth straight day of declines and longest run of downturns since October, Bloomberg News reported.
May 15, 2013