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, 2013BusinessFuel
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, 2013BusinessFuel
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, 2013BusinessFuel
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, 2013BusinessFuel
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, 2013BusinessFuel
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, 2013BusinessSafetyGovernmentFuelAutonomous
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, 2013BusinessFuel
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, 2013BusinessFuel
Oil Takes First Weekly Drop in Two Months
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, 2013BusinessFuel
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, 2013