Oil fell to less than $89 a barrel — a two-month low — following a Department of Energy report that showed crude output rose to an almost 16-year high last week, Bloomberg reported.
October 3, 2012Business, Fuel
Saddle Creek to Add 62 CNG Tractors; Nopetro Opens Natural Gas Fueling Site
Trucking’s growing use of alternative fuels was the focus of separate announcements by Florida companies last week to increase fueling options and the number of compressed natural gas tractors on the road.
October 8, 2012Business, Fuel
Diesel, Gas Prices Dip Again; Refinery Woes Hurt West Coast
U.S. diesel and gasoline prices both declined for the second straight week, the Department of Energy said Oct. 1, as the fuels continued to back away from 11-week surges that drove up prices sharply.
October 8, 2012Business, Fuel
U.S. Firms Eye More Natural Gas Exports, Journal Reports
With natural gas use increasing as a transportation fuel, energy companies are moving to export more of the fuel from the United States as they search for more profitable markets, the Wall Street Journal reported Friday.
October 5, 2012Business, Fuel
UPS to Deploy 40 Hydraulic Hybrid Vehicles
UPS Inc. announced the deployment of 40 new hydraulic hybrid package cars.
October 4, 2012Business, Fuel
Oil Falls to Two-Month Low $88.14 Per Barrel
Business, Fuel
Virginia Signs Natural Gas Agreement With Clean Energy
Virginia Gov. Robert McDonnell (R) signed an agreement with Clean Energy Fuels Corp. to allow state and local entities to buy compressed natural gas from Clean Energy for their vehicle fleets.
October 3, 2012Business, Fuel
Diesel Dips 0.7¢ to $4.079 a Gallon
Diesel dipped 0.7 cent to $4.079, its second straight decline following 11 weekly increases, and gasoline also fell for a second week, the Department of Energy reported.
October 2, 2012Business, Fuel
Oil Falls Below $92 a Barrel
Oil fell from its highest closing price in a week early Monday to below $92 a barrel as manufacturing levels fell in China, Bloomberg reported.
October 1, 2012Business, Fuel
Diesel Declines for First Time in 12 Weeks
Retail diesel fuel prices declined 4.9 cents to $4.086 a gallon last week, the first price drop in 12 weeks, as U.S. demand weakened, according to the Department of Energy.
October 1, 2012Business, Fuel
Oil Drops Below $90 a Barrel
Oil fell to an eight-week low Wednesday, closing below $90 a barrel for the first time since early August on signs of lower demand, Bloomberg reported.
September 26, 2012