LOUISVILLE, Ky. — Engine maker Cummins Inc. told reporters here that the company is moving forward with spark-ignition natural gas engines with a heavy-duty 12-liter engine now, and a 15-liter model in two or three years.
March 22, 2012Business, Fuel
U.S. Distillate Exports Rising, Even as Diesel Reaches $4.142
Even as U.S. diesel prices rose last week to the highest levels since 2008, the United States is continuing to export more of the fuel overseas, according to Department of Energy figures.
March 26, 2012Business, Fuel
Oil Rises Over $107 Following Iran Report
Oil rose almost $2 to more than $107 a barrel Friday following a report that Iranian crude exports may drop due to sanctions, Bloomberg reported.
March 23, 2012Business, Fuel
Oil Falls Below $105 a Barrel
Oil fell more than $2 to below $105 a barrel Thursday, the lowest level in more than two weeks, Bloomberg reported.
March 22, 2012Business, Fuel
Cummins Kicks Off Natural Gas Theme at MATS With New Engine
Business, Fuel
Oil Rises Following Biggest Drop in Three Months
Oil rose in early trading Wednesday to just over $106 a barrel following the biggest drop in three months on Tuesday, Bloomberg reported.
March 21, 2012Business, Fuel
Diesel Rises 1.9¢ to $4.142; Price Is Highest Since August 2008
Diesel rose 1.9 cents to $4.142 a gallon, its highest price since the record-setting summer of 2008, while gasoline also rose, the Department of Energy reported.
March 20, 2012Business, Fuel
Clean Energy Fuels Posts Quarterly Loss
Clean Energy Fuels Corp. reported a $20.9 million loss, or 29 cents per share, in the fourth quarter, compared with a profit of $13.8 million, or 18 cents a share, in the year-earlier period.
March 19, 2012Business, Fuel
Dart Transit Launches CNG Truck Service
Truckload carrier Dart Transit Co. said it has assigned seven tractors powered by compressed natural gas to dedicated service for Andersen Window Corp.
March 19, 2012Business, Fuel
Consensus Scarce for Nitrogen Tire Inflation
Fleets that have embraced nitrogen tire inflation said the practice extends service life and improves fuel efficiency, but tire makers stop short of endorsing use of the gas in their products.
March 19, 2012Business, Fuel
GE, Chesapeake Tout Pact to Speed CNG’s Adoption
General Electric Co. and Chesapeake Energy Corp. have signed a three-year agreement to accelerate the adoption of natural gas.
March 19, 2012