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Natural Gas Prices May Double by 2015, FT Reports

U.S. natural gas prices may double from recent 10-year lows by 2015 as more of the fuel is used in transportation, the Financial Times reported May 17, citing an oil company executive.

May 17, 2012

Oil Closes at Six-Month Low Under $93 a Barrel

Oil fell more than $1 Wednesday to finish the trading day at six-month-low under $93 a barrel, Bloomberg reported.

May 16, 2012

Electric Class 8 Truck Offered for Short Hauls

Balqon Corp., which makes electric-powered heavy-duty trucks, has introduced a new Class 8 tractor for inner city and shorthaul drayage service.

May 14, 2012

Diesel Drops 5.3¢ to Near $4 a Gallon, in Biggest Decline This Year

Diesel took its biggest decline in five months, falling 5.3 cents to $4.004 a gallon, and gasoline fell for a sixth week, the Department of Energy reported.

May 15, 2012

Diesel Slips for Fourth Straight Week

Retail diesel prices declined for a fourth week, with the national average dipping 1.6 cents to $4.057 a gallon, the Department of Energy reported, while crude oil futures fell to the lowest levels in three months.

May 14, 2012

Oil Finishes Week at 2012 Low

Oil fell almost $1 a barrel Friday, finishing the week at $96.13, its lowest closing price this year, Bloomberg reported.

May 11, 2012

Clean Energy’s 1Q Loss Widens on One-Time Charge

Clean Energy Fuels Corp. reported its first-quarter loss widened, in part due to one-time costs.

May 10, 2012

Oil Rises to Over $97 a Barrel

Oil rose for the first time in more than a week Thursday, gaining 27 cents to just over $97 a barrel, after falling for six straight trading days, Bloomberg reported.

May 10, 2012

DOE Lowers Price Forecasts for Diesel, Gasoline, Crude Oil

Diesel fuel will average $4.06 a gallon this year, the Department of Energy said, lowering a previous forecast.

May 9, 2012

Gasoline Continues Lower Trend, Lundberg Survey Reports

Gasoline’s national average pump price fell 7 cents in the past two weeks to $3.85 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

May 7, 2012