Oil fell more than $1 Thursday but remained over $100 a barrel for a second day, Bloomberg reported.
May 26, 2011BusinessFuelGovernment
Cars, Light Trucks to be Required to Show Fuel-Use Labels
U.S. cars and light trucks will be required to carry labels comparing estimated five-year fuel costs with those of the average new vehicle, the Department of Transportation and Environmental Protection Agency said Wednesday.
May 25, 2011BusinessFuel
Diesel Drops 6.4¢ to Below $4 a Gallon; Gasoline Falls 11.1¢ to $3.849
Diesel took its biggest drop in a year, declining 6.4 cents to $3.997 a gallon, while gasoline dropped by more than a dime, the Department of Energy said.
May 24, 2011BusinessFuel
Gasoline Drops 9¢ to $3.91 a Gallon, Lundberg Says
Gasoline dropped 9 cents in the past two weeks to a national average $3.91 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 23, 2011BusinessFuel
Diesel Fuel Price Declines 4.3¢ to $4.061
The average cost of a gallon of U.S. retail diesel declined 4.3 cents to $4.061 a gallon last week, the biggest drop in nearly a year, according to the Department of Energy.
May 23, 2011PerspectiveFuel
Opinion: Domestic Energy Production Besieged
As the price of a barrel of oil stands in excess of $100, we should remember how dependent the trucking industry is on petroleum-derived diesel fuel.
May 20, 2011BusinessFuel
Oil Rises from Three-Month Low
Oil rebounded from a three-month low in early trading Wednesday, rising almost $2 to near $99 a barrel, Bloomberg reported.
May 18, 2011BusinessFuel
Diesel Fuel Price Drops 4.3¢ to $4.061 a Gallon
Diesel fell 4.3 cents to $4.061 a gallon, its third decline in four weeks and the biggest downturn in almost a year, the Department of Energy reported.
May 17, 2011BusinessFuel
Oil Falls Below $98 a Barrel
Oil fell almost $2Â in early trading Monday to below $98 a barrel on speculation that a cooling U.S. economy will lower fuel demand, Bloomberg reported.
May 16, 2011BusinessFuel
Diesel Fuel Average Price Dips 2¢ to $4.104 a Gallon After Commodity Prices ‘Crash’
The average price for a gallon of U.S. retail diesel declined last week for only the third time this year, dipping 2 cents to $4.104, the Department of Energy reported.
May 16, 2011