Diesel fell for the eighth straight week, dropping 5.1 cents to $3.846 a gallon, while gasoline took its biggest decline this year, the Department of Energy reported.
June 5, 2012Business, Fuel
Diesel Dips 5.1¢ to $3.846, After Eighth Straight Decline
U.S. retail diesel prices declined for the eighth straight week as trucking’s main fuel fell 5.1 cents more to a national average of $3.846 a gallon, according to the Department of Energy.
June 11, 2012Business, Fuel, Government
U.S. Trade Deficit Narrows in April
The U.S. trade deficit shrank by 4.9% in April as a drop in imports more than offset the first exports decline in five months, the Commerce Department said Friday.
June 8, 2012Business, Fuel
Shell Sets Plan for LNG Fueling at TA Truck Stops
Shell Oil Co. said Thursday it has signed a memorandum of understanding with TravelCenters of America LLC to provide liquefied natural gas for heavy-duty trucks at TA travel plazas.
June 7, 2012Business, Fuel
Oil Rises for Third Day, Topping $85 a Barrel
Oil rose for a third day, topping $85 a barrel as supplies slipped and economic reports that signaled higher demand, Bloomberg reported.
June 6, 2012Business, Fuel
Diesel Drops 5.1¢ to $3.846 in Eighth Decline
Business, Fuel
Kentucky Gas Tax Increasing 2.4 Cents to 32.3 Cents a Gallon
Kentucky’s gas tax is increasing next month by 2.4 cent to 32.3 cents a gallon due to an automatic tax increase, the Associated Press reported.
June 5, 2012Business, Fuel
Diesel Retrofit Sales Declined in 2011, Survey Shows
Sales of all diesel retrofit devices in the United States declined in 2011 from the previous two years, according to the Manufacturers of Emission Controls Association.
June 5, 2012Business, Fuel
Oil Continues to Fall on Growth Concerns
Oil fell for a fifth trading day Monday, dropping more than $2 to just over $81 a barrel on concerns about economic growth in the U.S. and China, Bloomberg reported
June 4, 2012Business, Fuel
Diesel Down 5.9¢ to $3.897; Fall in Crude Sparks Largest Drop in 5 Months
The national average price for a gallon of retail diesel fell 5.9 cents to $3.897 last week, the seventh straight decline and the largest one-week drop in five months, the Department of Energy reported.
June 4, 2012Business, Fuel
Oil Falls to 10-Month Low Under $87 a Barrel
Oil fell below $87 a barrel Thursday, capping its biggest monthly decline in more than three years following a Department of Energy report that showed crude supplies rose to a 22-year high, Bloomberg reported.
May 31, 2012