Oil fell more than $4 to a four-month low near $91 a barrel Thursday after the U.S. government said it would tap the Strategic Petroleum Reserve as part of an international effort to boost supplies, Bloomberg reported.
June 23, 2011BusinessFuel
Diesel Dips 0.4¢ to $3.95 a Gallon; Gasoline Falls for Sixth Week
Diesel’s national average pump price dipped 0.4 cent to $3.95 a gallon, while gasoline took its sixth straight decline, dropping 6.1 cents to $3.652, the Department of Energy said.
June 21, 2011BusinessFuel
Oil Falls to Near $91 a Barrel
Oil fell to near $91 a barrel in early trading Monday, the lowest intraday price since February and below the closing price at the end of last year, Bloomberg reported.
June 20, 2011BusinessFuel
Diesel Fuel Price Rises After Five Consecutive Weekly Declines
Reversing five weeks of decline, the average price of a gallon of diesel rose 1.4 cents a gallon last week to $3.954, the Department of Energy reported.
June 20, 2011BusinessFuel
Oil Holds Under $95 a Barrel
Oil rose 14 cents Thursday, holding under $95 a barrel a day after falling to the lowest closing price in almost four months, Bloomberg reported.
June 16, 2011BusinessFuel
Diesel Rises 1.4¢ to $3.954; Gas Drops 6.8¢
Diesel’s national average rose 1.4 cents to $3.954 a gallon, its first increase in six weeks, while gasoline dropped 6.8 cents to $3.713, the Department of Energy said.
June 14, 2011BusinessFuelLogisticsGovernmentAutonomous
CTA Fuel Expert Challenges Biodiesel Claims
An expert hired by the Canadian Trucking Alliance is disputing claims made by the Canadian renewable fuels industry that diesel fuel buyers would save dramatically if the federal government proceeds with a proposed biodiesel mandate on July 1.
June 13, 2011BusinessFuel
Gasoline Falls 17¢ to $3.74, Lundberg Says
Gasoline’s national average price plunged 17 cents in the past three weeks to $3.74 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.
June 13, 2011BusinessFuel
EPA Urges Better Monitoring of SCR Emission Systems
The Environmental Protection Agency last week updated its guidance for certification of heavy-duty truck engines using selective catalytic reduction to reduce emissions, rejecting claims made last year by truck maker Navistar Inc. that the technology can be easily defeated.
June 13, 2011BusinessFuel
Diesel Fuel Price Drifts Down to $3.94 Following Fifth Straight Decline
U.S. retail diesel prices dipped 0.8 cent a gallon last week, the fifth consecutive weekly decline, as the national average declined to $3.94, the Department of Energy reported.
June 13, 2011