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U.S. Trade Deficit Drops 13% in October

The U.S. trade deficit declined 13% in October as a weaker dollar boosted U.S. exports, the Commerce Department said Friday.

December 10, 2010

Oil Slips After Topping $90 a Barrel

Oil declined Wednesday a day after topping $90 a barrel, following a Department of Energy report that showed higher gasoline and diesel inventories, Bloomberg reported.

December 8, 2010

Diesel to Average $3.23 Next Year, DOE Says

Diesel will continue to rise into next year, averaging $3.23 at the pump in 2011, the Department of Energy said in its monthly report.

December 7, 2010

EPA Completes 2011 Renewable Fuel Standard

The U.S. Environmental Protection Agency last week finalized its 2011 national renewable fuel standard, calling for the production of 800 million gallons of biodiesel, up from 650 million gallons in 2010.

December 6, 2010

Diesel Rises 3.5¢ to Two-Year High of $3.197 a Gallon

Diesel increased 3.5 cents to $3.197 a gallon, reaching its highest pump average in more than two years, the Department of Energy said Monday.

December 6, 2010

ATA Petitions PHMSA to Make It Easier to Use Consolidation Bins for Hazmats

American Trucking Associations last week asked the Pipeline and Hazardous Materials Safety Administration to facilitate the use of consolidation bins in transporting small packages of hazmat materials.

December 6, 2010

Fuel Price Averages Decline

In a slow retreat from the two-year high it reached in November, the U.S. retail diesel price average slipped again last week, falling 0.9 cent to $3.162 a gallon, the U.S. Department of Energy reported after its weekly survey of filling stations.

December 6, 2010

Oil Rises to Two-Week High Over $85

Oil rose over $85 a barrel Monday, its highest level in two weeks, Bloomberg reported.

November 29, 2010

Diesel Declines 0.9¢ to $3.162 a Gallon

Diesel fell for the second consecutive week, dipping 0.9 cents to $3.162 a gallon as oil prices rose, the Department of Energy reported.

November 30, 2010

Diesel Average Declines 1.3¢ from Two-Year High to $3.171

The average price of diesel fuel dipped 1.3 cents last week to $3.171 a gallon, below the two-year high of the previous week, despite stronger U.S. and global demand, the Department of Energy said Nov. 22.

November 29, 2010