Diesel fuel will average $3.91 per gallon this year, the Department of Energy said, boosting its most recent estimate by 6 cents.
February 7, 2012Business, Fuel, Government
U.S. Trade Deficit Widens to Six-Month High
The U.S. trade deficit expanded by 3.7% in December as imports climbed to the highest level in more than three years, the Commerce Department said Friday.
February 10, 2012Business, Fuel, Government
Forward Air’s 4Q Income Rises
Forward Air Corp. said late Tuesday its fourth-quarter net income rose to $14.4 million, or 50 cents per share, from $11.8 million, or 41 cents, a year earlier.
February 8, 2012Business, Fuel
DOE Boosts Diesel Forecast 6¢ to $3.91
Business, Fuel
Diesel Rises 0.6¢ to $3.856; Gasoline Gains 4.8¢ to $3.482
Diesel rose 0.6 cent to $3.856 a gallon, its fourth increase in the past five weeks, while gasoline continued to climb at a faster rate, the Department of Energy said Monday.
February 7, 2012Business, Fuel
Gasoline Prices Seen Rising Higher by May
Gasoline prices could jump by 60 cents or more by May, USA Today reported Monday, citing fuel analysts.
February 6, 2012Business, Fuel
Clean Energy Signs Deal to Build Natural Gas Station in Texas
Clean Energy Fuels Corp. on Monday said it has signed an agreement with tank truck carrier Green Energy Oilfield Services to build and supply a new liquefied natural gas fueling station in Texas.
February 6, 2012Business, Fuel
Navistar, Clean Energy Set Pact to Cut Natural-Gas Engine Costs
LISLE, Ill. — Navistar Inc. and Clean Energy Fuels Corp. unveiled a joint offensive on Feb. 1 to expand the reach of natural-gas-powered vehicles in the heavy-duty trucking market.
February 6, 2012Business, Fuel
Navistar, Clean Energy Unveil Natural Gas Partnership
LISLE, Ill. — Navistar Inc. and Clean Energy Fuels Corp. unveiled a program that will provide natural gas-powered trucks to customers at the same cost as diesel vehicles, if the customers commit to purchase their fuel from Clean Energy.
February 1, 2012Business, Fuel
Diesel Edges Up 0.2¢ to $3.85 a Gallon; Gasoline Gains a Nickel to $3.439
Diesel rose two-tenths of a cent to $3.85 a gallon, its third increase in four weeks, while gasoline gained a nickel, the Department of Energy said.
January 31, 2012Business, Fuel
Biodiesel Production Hit 1 Billion Gallons in 2011
The U.S. biodiesel industry produced more than 1 billion gallons of fuel in 2011, the National Biodiesel Board said.
January 30, 2012