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DOE Lowers Diesel Fuel Price Outlook by 9¢, to $3.89 a Gallon

The Department of Energy lowered its projected diesel average for this year by 9 cents, to $3.89 a gallon, and by 14 cents next year, to $3.93.

May 10, 2011

Gasoline Hits $4 National Average, Lundberg Survey Says

Gasoline’s national average has reached $4 a gallon, about a dime below its all-time high, according to the latest Lundberg Survey of filling stations released Sunday.

May 9, 2011

Diesel Drops 2¢ to $4.104 a Gallon; Gasoline Edges up 0.2¢ to $3.965

Diesel fell 2 cents to $4.104 a gallon, its second downturn in three weeks and biggest decline in almost nine months, the Department of Energy said Monday.

May 10, 2011

Some Fleets Sidestep Fuel Price Escalation by Using Liquefied, Compressed Natural Gas

Bill Malone must have been one of the few people in trucking who could chuckle at the price of diesel one day this spring. It was well over $4 a gallon, but Malone was untroubled because the 18 tractors in the fleet he oversees are fueled with liquefied natural gas.

May 9, 2011

Retail Diesel Fuel Average Price Rises 2.6¢ to $4.124 per Gallon

The average retail price of U.S. diesel resumed its upward march last week, climbing 2.6 cents per gallon to $4.124 and sparking renewed attention to fuel surcharge collections.

May 9, 2011

Oil Plunges Almost $17 for Week

Oil took its biggest weekly plunge in more than two years this week, falling almost $17 to near $97 a barrel, Bloomberg reported.

May 6, 2011

Oil Tumbles to Below $100 a Barrel

Crude oil tumbled almost $10 to below $100 a barrel Thursday as commodities dropped the most in two years on concern that economic growth will slow, Bloomberg reported.

May 5, 2011

Oil Falls to Two-Week Low Under $109

Oil fell more than $2 Wednesday to a two-week low under $109 a barrel following a report that showed crude supplies reached a six-month high last week, Bloomberg reported.

May 4, 2011

Oil Drops After U.S. Says Bin Laden Killed

Oil prices dropped by the most in almost seven weeks on speculation that the killing of Osama bin Laden may ease the risk of Middle East supply disruptions, Bloomberg reported Monday.

May 2, 2011

Diesel Resumes Rise, Gaining 2.6¢ to $4.124 a Gallon

Diesel resumed its rise after a one-week respite, gaining 2.6 cents to $4.124 a gallon, the highest price since August 2008, while gasoline jumped 8.4 cents to $3.963, the Department of Energy said.

May 3, 2011