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Oil Price Slips as Inventories Improve

Oil prices fell Wednesday following a Department of Energy report that showed supplies of crude, gasoline and diesel all rose last week in contrast to economists’ forecasts, Bloomberg reported.

September 22, 2010

Biodiesel Producers Hoping for Tax Credit Resurrection

The biodiesel industry suffered a setback when supporters in the U.S. Senate failed to attach an amendment to the recently-adopted Small Business Jobs Act that would have restored the industry’s tax credit.

September 21, 2010

Oil Falls to Two-Week Low, Under $74 a Barrel

Oil was trading below $74 a barrel early Monday, near its lowest level in two weeks, on concerns that a slowing economy could hurt demand, Bloomberg reported.

September 20, 2010

Citgo Opens ULSD Facility at Illinois Refinery

Citgo Petroleum Corp. has built a facility to produce ultra-low sulfur diesel at its existing Lemont, Ill., refinery.

September 20, 2010

Diesel Rises for Second Week, Gaining 1.7¢ to $2.96 a Gallon

Diesel’s national average retail price rose for a second straight week, climbing 1.7 cents to $2.96 a gallon, the Department of Energy said Monday.

September 21, 2010

EGR, Computer Are Main Sources of Problems with 2008 Engines, J.D. Power Survey Finds

The main problems owners of 2008 heavy-duty engines have encountered involve the exhaust gas recirculation system and the engine computer, J.D. Power and Associates said in a report.

September 20, 2010

Diesel Rises 1.2¢ to $2.943 a Gallon

The average cost of a gallon of diesel fuel in the United States rose 1.2 cents last week to $2.943 a gallon, the first increase in five weeks, the Department of Energy reported.

September 20, 2010

Oil Falls to Near $76 a Barrel

Oil fell almost $1 to near $76 a barrel Wednesday, its biggest decline in two weeks, even as the Department of  Energy reported that supplies declined last week.

September 15, 2010

Diesel Rises 1.2¢ to $2.943; Gas Jumps 3.9¢ to $2.721

Diesel’s national average price rose 1.2 cents to $2.943 a gallon, its first increase in five weeks, while gasoline jumped almost 4 cents, the Department of Energy said Monday.

September 14, 2010

Diesel Price Dips 0.7¢ to $2.931

Diesel prices dipped for the fourth consecutive week, as the U.S. retail price average slipped 0.7 cent a gallon to $2.931 from the week before, the Department of Energy reported.

September 13, 2010