Oil prices fell to below $96 a barrel Wednesday as analysts saw limited production disruptions even as Hurricane Isaac made landfall into New Orleans overnight, Bloomberg reported.
August 29, 2012Business, Fuel
Oil Falls as Isaac Slams New Orleans
Business, Fuel
Diesel Rises 6.3¢ to $4.089 in Eighth Gain; Gasoline Price Also Continues to Rise
Diesel rose 6.3 cents to $4.089 a gallon, its eighth straight gain and the highest price since mid-April, while gasoline rose again, the Department of Energy reported.
August 28, 2012Business, Fuel
Gasoline Gains 7¢ in Two Weeks to $3.76 a Gallon, Lundberg Survey Reports
Gasoline rose 7 cents in the past two weeks to $3.76 a gallon, and oil prices swung lower as Tropical Storm Isaac entered the Gulf of Mexico.
August 27, 2012Editorial, Business, Fuel
Editorial: Fuel Price Redux
So here we are again, trapped in still another fuel-price spiral, as we helplessly watch outside events and parties set the cost and supply of the precious liquids that make our industry possible.
August 27, 2012Business, Fuel
Biodiesel Makers Oppose Call for Waivers of Renewable Fuel Production Mandates
Biodiesel producers said they do not agree with calls for the federal government to waive ethanol and other renewable fuel production mandates because of the drought reducing the corn crop in the Midwest.
August 27, 2012Business, Fuel
Diesel Price Tops $4 a Gallon for First Time Since May
The U.S. retail diesel average price rose 6.1 cents to $4.026 a gallon last week, the first time it has risen above $4 since May, the Department of Energy reported last week.
August 27, 2012Business, Fuel
Oil Holds Over $96 on Isaac Concerns
Oil held over $96 a barrel in early trading Friday as forecasters kept an eye on Tropical Storm Isaac, which is likely to move into the Gulf of Mexico next week as a low-level hurricane, Bloomberg reported.
August 24, 2012Business, Fuel
Diesel Tops $4 for First Time Since May; Gasoline Rises 2.3¢ to $3.744 a Gallon
Diesel rose 6.1 cents to $4.026 a gallon, its seventh straight increase and the first time it has topped $4 in three months, the Department of Energy reported.
August 21, 2012Business, Fuel
Fleets Turn to New Technology, Natural Gas to Reduce Expenses During Slow Growth
BOCA RATON, Fla. — Executives with both for-hire and private fleets said they increasingly are turning to cost-saving technologies and natural gas to reduce expenses in a slow-growth economy.
August 21, 2012Business, Fuel
Oil Holds at Three-Month High Over $96
Oil held at a three-month high over $96 a barrel Monday, as European leaders were set to meet to discuss ways to combat their ongoing debt crisis, Bloomberg reported.
August 20, 2012